Packanack Lake vs Silver Lake CDP (Essex County), New Jersey
Side-by-side comparison
How does Packanack Lake, NJ compare to Silver Lake CDP (Essex County), New Jersey, NJ? Packanack Lake has a population of 6,126 with a median household income of $196,343, while Silver Lake CDP (Essex County), New Jersey has 4,034 residents and a median income of $86,615. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Packanack Lake, NJ | Silver Lake CDP (Essex County), New Jersey, NJ | Difference |
|---|---|---|---|
| Population | 6,126 | 4,034 | +51.9% |
| Median Age | 43.9 | 41.2 | +6.6% |
| Foreign Born % | 9.4% | 39.3% | -76.1% |
| Metric | Packanack Lake | Silver Lake CDP (Essex County), New Jersey | Difference |
|---|---|---|---|
| Median Income | $196,343 | $86,615 | +126.7% |
| Unemployment | 3.4% | 2.8% | +21.4% |
| Poverty Rate | 1% | 10.4% | -90.4% |
| Bachelor's+ | 66% | 26.3% | +151.0% |
| Metric | Packanack Lake | Silver Lake CDP (Essex County), New Jersey | Difference |
|---|---|---|---|
| Home Value | $594,000 | $483,700 | +22.8% |
| Median Rent | $3501/mo | $1501/mo | +133.2% |
| Housing Units | 1,987 | 1,620 | +22.7% |