Paterson has a population of approximately 157,927 and experiences a population change rate of 5.83%. The population density is 18,771.8 / sq mi .
Paterson, NJ Real Estate for Sale

$679,900
8 Beds · 5 Baths

$895,900
3 Beds · 3 Baths

$679,900
8 Beds · 5 Baths

$895,900
3 Beds · 3 Baths
Paterson has a population of approximately 157,927 and experiences a population change rate of 5.83%. The population density is 18,771.8 / sq mi .
The median household income for Paterson is $48,540, with 49,701 households and an average household size of 3.14.
The median value of a home in Paterson is $391,600 with an appreciation rate of 10.80%. 24.68% of housing in the state is owned while 69.35% is rented.
The cost of living in Paterson is 122.5 %.
The unemployment rate in Paterson is 6.00%, and recent job growth is at 3.16%. Future job growth is projected at 44.52%.
The sales tax rate in Paterson is 6.63%, while the income tax rate is 5.53% .
School expenditures in Paterson are $25,834, and the school ratio is 12.4:1.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 48.9 inches per year, with 25.1 inches of snow per year.