Last updated: 2024 BLS data · Page refreshed:
Packanack Lake has a population of 6,321 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 6,321 |
| Median Age | 41.3 |
| White | 78.6% |
| Black or African American | 0.6% |
| Asian | 6.6% |
| Hispanic or Latino | 10.3% |
| Other / Two or More Races | 3.9% |
The median household income in Packanack Lake is $213,103, which is 164.4% above the national median of $80,610. The per capita income is $76,600. The poverty rate is 1.6%.
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In Packanack Lake, 97.4% of residents age 25+ have a high school diploma or higher, and 63.6% hold a bachelor's degree or higher (23.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.4% |
| Bachelor's Degree or Higher | 63.6% |
| Graduate or Professional Degree | 23.6% |
The median home value in Packanack Lake is $601,000, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 96.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $601,000 |
| Median Monthly Rent | $3,501 |
| Homeownership Rate | 96.1% |
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