Most Expensive Paterson Neighborhoods
|2||Lafayette St / Mercer St|
|3||E 18th St / Broadway|
|4||Vreeland Ave / E 38th St|
|5||Market St / 22nd Ave|
|6||River St / E 15th St|
|7||Preakness Ave / Union...|
|8||11Th Ave / E 29th St|
|9||11Th Ave / E 18th St|
|10||Marion St / W Broadway|
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 146,427 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.
Because occupations involving physical labor dominate the local economy, Paterson is generally considered to be a blue-collar town. 36.90% of the Paterson workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Paterson is a city of sales and office workers, service providers and transportation and shipping workers. There are especially a lot of people living in Paterson who work in office and administrative support (14.15%), sales jobs (9.75%) and healthcare suport services (6.31%).
A lot of people in Paterson take the bus for their daily commute. For the size of the city, the number of people who use public transportation is quite high. For many people in Paterson, this fills their need for low-cost transportation.
In Paterson, just 9.81% of people over 25 hold a college degree, which is very low compared to the rest of the nation, whereas the average among all cities is 21.84%.
The per capita income in Paterson in 2010 was $15,543, which is low income relative to New Jersey and the nation. This equates to an annual income of $62,172 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 West Indian, Italian and Jamaican.
In addition, Paterson has a lot of people living here who were born outside of the US (29.08%).
The most common language spoken in Paterson is Spanish. Some people also speak English.
|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||16.42%|
|ROWHOUSES AND ATTACHED HOMES||3.42%|
|SMALL APARTMENT BUILDINGS||53.36%|
|COMPLEXES OR HIGH RISE APARTMENTS||26.41%|
|SIZE OF PATERSON HOMES|
|5 OR MORE BEDROOMS||3.52%|
|AGE OF PATERSON HOMES|
|NEWER HOMES (2000 OR LATER)||3.39%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||14.25%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||53.25%|
|HISTORIC (1939 OR BEFORE)||29.11%|
|PATERSON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$288,096|
|MEDIAN RENTAL PRICE||$850|
|HOME VALUE RANGE|
|$0 - $47,000||2.82%|
|$47,001 - $94,000||1.92%|
|$94,001 - $187,000||9.75%|
|$187,001 - $281,000||28.23%|
|$281,001 - $374,000||38.96%|
|$374,001 - $468,000||14.24%|
|$468,001 - $702,000||2.92%|
|$702,001 - $936,000||0.37%|
|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||71.68%|
|MEDIAN HOUSEHOLD INCOME||$34,086|
|PER CAPITA INCOME||$15,543|
|INDIVIDUALS BELOW POVERTY LEVEL||26.57%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (19.27%)
Public Service (3.73%)
Professional, scientific, and technical services (3.13%)
|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||West Indian (3.37%)
|LANGUAGES SPOKEN||Spanish (52.38%)
Indic languages (1.86%)
Other Asian languages (1.04%)
Get matched with a pre-screened, customer-rated real estate agent or Realtor and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Realtor…
We screen Realtors according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Realtors in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2013 Location Inc®.
All the trademarks displayed on this page are the property of Location Inc®.
NeighborhoodScout's® search engine is covered under US patent no.: 7,043,501. Our school rating algorithm is patent pending. Other US patents pending.
The NeighborhoodScout page you recommended has been sent to: firstname.lastname@example.org, email@example.com, firstname.lastname@example.org