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Packanack Lake, NJ
Full City Profile · New Jersey · Bergen County County
4.0
/5.0
A
Great
6,126
Population
3,294/sq mi density
$196,343
Median Income
$75,765 per capita
$594,000
Home Value
$641,996 Zillow
$3,501
Median Rent
23.1% income on rent
53°F
Avg Temperature
282 sunny days/yr
146
Violent Crime/100K
3,015 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$196,343 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$594,000 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
66.0% bachelor's degree or higher
Housing Overview
Median Home Value
$594,000
111% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
95.8%
46% above US avg (65.4%)
Total Housing Units
2,015
Median year built: 1955
Home Value by Source
Census Median
$594,000
Zillow (ZHVI)
$641,996
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.8%
Owner-Occupied
4.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$3,501/mo
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
95.8%
Complete Housing Data
Home Values
| Census Median Value | $594,000 |
| Zillow Home Value (ZHVI) | $641,996 |
Rent
| Census Median Rent | $3,501 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
Ownership & Stock
| Owner-Occupied | 95.8% |
| Renter-Occupied | 4.2% |
| Homeownership Rate | 95.8% |
| Total Housing Units | 2,015 |
| Median Year Built | 1955 |
| Rent Burden | 23.1% |