Packanack Lake

Population: 6,126
Median household income: $196,343
Median home value: $594,000

Packanack Lake is a community in Passaic County, New Jersey, home to 6,126 residents. Its median household income of $196,343 runs above the Passaic County figure of $87,137.

From 2020 to 2023, Packanack Lake's population grew 7.5% from 5,699 to 6,126, while its median home value rose 19.4% from $497,600 to $594,000.

The median resident is 43.9 years old. The largest age group is 5 to 17, 18.2% of residents.

Demographics

ACS 2019–2023

Population: 6,126
Median age: 43.9 yrs
Median household income: $196,343
Median home value: $594,000
Median gross rent: $3,501
Housing units: 1,987
Homeownership rate: 95.8%
Bachelor's degree or higher: 66.0%
Unemployment rate: 3.4%

Trends

ACS 5-year · 2019–2023

Population

5,6996,126

Median household income

$142,353$196,343

Median home value

$497,600$594,000

Median gross rent

$2,875$3,501

Year	Population	Median household income	Median home value	Median gross rent
2020	5,699	$142,353	$497,600	$2,875
2021	5,891	$159,400	$516,200	$3,059
2022	5,982	$182,274	$573,100	$2,942
2023	6,126	$196,343	$594,000	$3,501

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1718.2%

18 to 246.8%

25 to 3410.2%

35 to 4410.9%

45 to 5413.0%

55 to 6417.4%

65 to 7411.2%

75 and over6.8%

	Count	Share
Under 5	337	5.5%
5 to 17	1,116	18.2%
18 to 24	415	6.8%
25 to 34	626	10.2%
35 to 44	665	10.9%
45 to 54	797	13.0%
55 to 64	1,068	17.4%
65 to 74	687	11.2%
75 and over	415	6.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,781	78.0%
Black or African American	100	1.6%
American Indian & Alaska Native	0	0.0%
Asian	334	5.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	248	4.0%
Two or more races	113	1.8%
Hispanic or Latino (any race)	550	9.0%

Educational attainment (age 25+)

No high school diploma1.7%

High school graduate15.1%

Some college or associate's17.2%

Bachelor's degree39.5%

Graduate or professional degree26.4%

	Count	Share
No high school diploma	74	1.7%
High school graduate	642	15.1%
Some college or associate's	732	17.2%
Bachelor's degree	1,684	39.5%
Graduate or professional degree	1,126	26.4%

Commute to work

Mean travel time to work: 28 min

Drove alone63.6%

Carpooled3.1%

Public transit5.8%

Walked0.9%

Bicycle0.5%

Worked from home26.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	2,014	63.6%
Carpooled	97	3.1%
Public transit	184	5.8%
Walked	29	0.9%
Bicycle	17	0.5%
Worked from home	828	26.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	674	28.8%
15 to 29 min	634	27.1%
30 to 44 min	511	21.8%
45 to 59 min	214	9.1%
60+ min	308	13.2%

Households

Average household size: 3.08
Poverty rate: 1.0% (64 of 6,126)

	Count	Share
Family households	1,717	86.4%
Nonfamily households	270	13.6%

Housing

Median year structure built: 1955

Occupancy

	Count	Share
Occupied	1,987	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,904	95.8%
Renter-occupied	83	4.2%

1-unit, detached99.7%

1-unit, attached0.3%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,981	99.7%
1-unit, attached	6	0.3%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3455620
Type (LSAD): 57
Land area: 1.86 sq mi
Water area: 0.13 sq mi
Center point: 40.9385, -74.2558