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ZipNumbers

New Jersey · Census place 55770

Palisades Park borough, NJ

Quick answer

Palisades Park borough has 20,192 residents, ranking #56 of 700 places in New Jersey. Median household income is $101,295, the median home is worth $704,400 and median gross rent runs $1,976 a month.

Population
20,192Palisades Park borough residents
Median household income
$101,295Past 12 months, inflation adjusted
Median home value
$704,400Owner-occupied units
Median gross rent
$1,976Rent plus utilities, monthly
Median age
43.2 yrsAll residents
Homeownership rate
37.2%Owner-occupied households

What the numbers mean in Palisades Park borough

Housing cost measured against local earnings.

A household earning the Palisades Park borough median would spend about 23.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 7.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 37.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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