Palisades Park is a medium-sized borough located in the state of New Jersey. With a population of 20,743 people and four constituent neighborhoods, Palisades Park is the 96th largest community in New Jersey.
Palisades Park home prices are not only among the most expensive in New Jersey, but Palisades Park real estate also consistently ranks among the most expensive in America.
Palisades Park is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Palisades Park is a borough of sales and office workers, service providers, and professionals. There are especially a lot of people living in Palisades Park who work in sales jobs (17.14%), management occupations (10.93%), and office and administrative support (9.61%).
Also of interest is that Palisades Park has more people living here who work in computers and math than 95% of the places in the US.
Overall, Palisades Park’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
In Palisades Park, however, the average commute to work is quite long. On average, people spend 32.61 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Like elsewhere in America, most people in Palisades Park use a private automobile to get to work. But notably, a substantial number of Palisades Park‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.
The education level of Palisades Park ranks among the highest in the nation. Of the 25-and-older adult population in Palisades Park, 41.81% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Palisades Park in 2010 was $29,935, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $119,740 for a family of four. However, Palisades Park contains both very wealthy and poor people as well.
Palisades Park is an extremely ethnically-diverse borough. The people who call Palisades Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palisades Park residents report their race to be Asian, followed by White. Palisades Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.57% of the borough’s residents. Important ancestries of people in Palisades Park include Irish, German, Greek, and Armenian.
Palisades Park also has a high percentage of its population that was born in another country: 64.35%.
The most common language spoken in Palisades Park is Korean. Other important languages spoken here include English and Spanish.