Most Expensive Paterson Neighborhoods
|2||Lafayette St / Mercer St|
|3||Market St / Madison Ave|
|4||Vreeland Ave / E 38th St|
|6||Preakness Ave / Union...|
|7||E 18th St / Broadway|
|8||Marion St / W Broadway|
|9||11Th Ave / E 18th St|
|10||Marshall St / Hospita...|
Real estate in popular Paterson neighborhoods
Popular real estate near Paterson, NJ
Paterson is a larger medium-sized city located in the state of New Jersey. With a population of 147,148 people and 33 constituent neighborhoods, Paterson is the third largest community in New Jersey.
Housing costs in Paterson are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
When you are in Paterson, you'll notice that it is more blue-collar than most other communities in America. 36.64% of Paterson’s employed work in blue-collar jobs, while America averages only 27.7% that do. Overall, Paterson is a city of service providers, sales and office workers and transportation and shipping workers. There are especially a lot of people living in Paterson who work in office and administrative support (13.47%), sales jobs (9.07%) and maintenance occupations (7.56%).
Paterson has a lot of people who ride the bus to and from work. In fact, for its size, Paterson has quite a high level of public transit users. Paterson’s need for inexpensive transportation options for its citizens is quite high.
In Paterson, just 10.26% of people have at least a bachelor's degree, which is quite a bit lower than the national average for cities and towns of 21.84%.
The per capita income in Paterson in 2010 was $15,592, which is low income relative to New Jersey and the nation. This equates to an annual income of $62,368 for a family of four. However, Paterson contains both very wealthy and poor people as well.
Paterson is an extremely ethnically-diverse city. The people who call Paterson home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Paterson, accounting for 57.63% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Paterson residents report their race to be White, followed by Black or African-American. Important ancestries of people in Paterson include Jamaican and Italian.
Paterson also has a high percentage of its population that was born in another country: 29.74%.
The languages spoken by people in Paterson are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Paterson is Spanish. Other important languages spoken here include English, Arabic and Indic languages.
|NUMBER OF HOMES AND APARTMENTS||44,329|
|PATERSON HOME OWNERSHIP|
|% OWNER OCCUPIED||30.39%|
|% RENTER OCCUPIED||69.61%|
|TYPE OF PATERSON HOMES|
|SINGLE FAMILY DETACHED||15.65%|
|ROWHOUSES AND ATTACHED HOMES||2.80%|
|SMALL APARTMENT BUILDINGS||55.17%|
|COMPLEXES OR HIGH RISE APARTMENTS||26.04%|
|SIZE OF PATERSON HOMES|
|5 OR MORE BEDROOMS||2.92%|
|AGE OF PATERSON HOMES|
|NEWER HOMES (2000 OR LATER)||3.85%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||15.13%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||54.76%|
|HISTORIC (1939 OR BEFORE)||26.27%|
|PATERSON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$280,462|
|MEDIAN RENTAL PRICE||$927|
|HOME VALUE RANGE|
|$0 - $46,000||2.82%|
|$46,001 - $93,000||1.98%|
|$93,001 - $185,000||13.86%|
|$185,001 - $278,000||30.45%|
|$278,001 - $371,000||37.05%|
|$371,001 - $464,000||11.67%|
|$464,001 - $696,000||1.91%|
|$696,001 - $927,000||0.11%|
|PEOPLE OF PATERSON||DETAILS|
|UNDER 5 YEARS||8.02%|
|5 TO 17||19.90%|
|18 TO 24||11.36%|
|25 TO 34||14.83%|
|35 TO 54||27.44%|
|55 TO 64||9.55%|
|65 YEARS AND OVER||8.90%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||71.26%|
|MEDIAN HOUSEHOLD INCOME||$33,583|
|PER CAPITA INCOME||$15,592|
|INDIVIDUALS BELOW POVERTY LEVEL||27.56%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (16.14%)
Public Service (2.97%)
Professional, scientific, and technical services (2.44%)
Real estate (2.27%)
|BLACK OR AFRICAN AMERICAN||31.68%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.06%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.04%|
|SOME OTHER RACE ALONE||23.94%|
|TWO OR MORE RACES||5.26%|
|HISPANIC OR LATINO (OF ANY RACE)||57.63%|
|ETHNICITIES PRESENT||Jamaican (3.32%)
|LANGUAGES SPOKEN||Spanish (53.56%)
Indic languages (2.34%)
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