Paterson, New Jersey Population

Paterson, New Jersey has a population of 155,884, with a median household income of $38,828.

Current population data for Paterson.

155,884

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Population

155,884

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Median Income

$38,828

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Unemployment

9.00%

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Housing Price

$338,228

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Crime Rate

1.20

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Internet Speed

281.90 Mbps

Paterson is a mid-sized city located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Paterson is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Paterson has a population of 155,884, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Paterson is $38,828, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Paterson is about $338,228, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Paterson is 9.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Paterson are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Paterson shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Paterson offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Paterson

What is the population of Paterson?

The population of Paterson is approximately 155,884.

Is Paterson a good place to live?

Paterson offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Paterson?

The median household income in Paterson is around $38,828.

How expensive is housing in Paterson?

The average housing price in Paterson is approximately $338,228.