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Paterson, NJ 07524 has a population of approximately 13,026 and experiences a population change rate of -0.24%. The population density is 17,275.9 / sq mi .
The median household income for Paterson, NJ 07524 is $42,724, with 4,459 households and an average household size of 3.28.
The median value of a home in Paterson, NJ 07524 is $384,700 with an appreciation rate of 10.80%. 20.89% of housing in the state is owned while 73.50% is rented.
The cost of living in Paterson, NJ 07524 is 121.7 %.
The unemployment rate in Paterson, NJ 07524 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 07524 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Paterson, NJ 07524 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 49.2 inches per year, with 25.3 inches of snow per year.