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Palisades Park has a population of approximately 20,291 and experiences a population change rate of 18.85%. The population density is 16,376.9 / sq mi .
The median household income for Palisades Park is $76,297, with 7,142 households and an average household size of 2.84.
The median value of a home in Palisades Park is $792,400 with an appreciation rate of 9.00%. 36.20% of housing in the state is owned while 60.77% is rented.
The cost of living in Palisades Park is 186.1 %.
The unemployment rate in Palisades Park is 2.60%, and recent job growth is at 3.01%. Future job growth is projected at 49.30%.
The sales tax rate in Palisades Park is 6.63%, while the income tax rate is 5.53% .
School expenditures in Palisades Park are $24,891, and the school ratio is 12.5:1.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 48.8 inches per year, with 26.1 inches of snow per year.
