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.
Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Palisades Park is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-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 (16.27%), personal care services (9.41%), and office and administrative support (9.33%).
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.
Palisades Park’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live.
In Palisades Park, however, the average commute to work is quite long. On average, people spend 31.85 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.
Although the majority of commuting trips in the borough are by private automobile, Palisades Park is somewhat unusual for a borough of its size for having a substantial number of people who use public transportation. For a lot of people, the bus helps to get to and from their jobs every morning, which benefits everyone in the Palisades Park area by reducing both traffic and air pollution.
The education level of Palisades Park citizens is very high relative to the national average among all cities (21.84%): 39.02% of adults in Palisades Park have a bachelor's degree or even advanced degree.
The per capita income in Palisades Park in 2010 was $29,804, 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 $119,216 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 20.94% of the borough’s residents. Important ancestries of people in Palisades Park include German, Irish, Afghan, and English.
In addition, Palisades Park has a lot of people living here who were born outside of the US (63.73%).
The most common language spoken in Palisades Park is Korean. Other important languages spoken here include English and Spanish.