New Jersey · Census place 57000
Paterson city, NJ
Quick answer
Paterson city has 157,660 residents, ranking #3 of 700 places in New Jersey. Median household income is $53,766, the median home is worth $335,400 and median gross rent runs $1,457 a month.
- Population
- 157,660Paterson city residents
- Median household income
- $53,766Past 12 months, inflation adjusted
- Median home value
- $335,400Owner-occupied units
- Median gross rent
- $1,457Rent plus utilities, monthly
- Median age
- 33.3 yrsAll residents
- Homeownership rate
- 26.2%Owner-occupied households
What the numbers mean in Paterson city
Housing cost measured against local earnings.
A household earning the Paterson city median would spend about 32.5% 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 6.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.6% of residents and 26.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Newark city 307,188
- Jersey City city 289,691
- Elizabeth city 135,887
- Toms River CDP 93,915
- Trenton city 89,966
- Clifton city 89,247
Keep going
More New Jersey coverage.