Paterson, NJ 07501 has a population of approximately 32,749 and experiences a population change rate of -0.76%. The population density is 17,837.2 / sq mi .
Paterson, NJ 07501 Real Estate for Sale

$679,900
8 Beds · 5 Baths

$679,900
8 Beds · 5 Baths
Paterson, NJ 07501 has a population of approximately 32,749 and experiences a population change rate of -0.76%. The population density is 17,837.2 / sq mi .
The median household income for Paterson, NJ 07501 is $37,256, with 12,269 households and an average household size of 2.87.
The median value of a home in Paterson, NJ 07501 is $346,300 with an appreciation rate of 10.80%. 14.55% of housing in the state is owned while 79.36% is rented.
The cost of living in Paterson, NJ 07501 is 116.6 %.
The unemployment rate in Paterson, NJ 07501 is 3.80%, and recent job growth is at 3.15%. Future job growth is projected at 47.82%.
The sales tax rate in Paterson, NJ 07501 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Paterson, NJ 07501 are $25,834, and the school ratio is 12.4:1.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 49 inches per year, with 25.3 inches of snow per year.