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MapMap ViewPaterson, NJ 07503 has a population of approximately 18,559 and experiences a population change rate of -2.65%. The population density is 12,020.1 / sq mi .
The median household income for Paterson, NJ 07503 is $56,645, with 6,086 households and an average household size of 3.18.
The median value of a home in Paterson, NJ 07503 is $406,700 with an appreciation rate of 10.80%. 29.28% of housing in the state is owned while 65.30% is rented.
The cost of living in Paterson, NJ 07503 is 128.4 %.
The unemployment rate in Paterson, NJ 07503 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 07503 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Paterson, NJ 07503 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 25.5 inches of snow per year.
