Paramus, NJ


Most expensive Paramus neighborhoods

Paramus profile

Living in Paramus

Paramus is a medium-sized borough located in the state of New Jersey. With a population of 26,974 people and five constituent neighborhoods, Paramus is the 69th largest community in New Jersey.

Paramus home prices are not only among the most expensive in New Jersey, but Paramus real estate also consistently ranks among the most expensive in America.

Paramus is a decidedly white-collar borough, with fully 88.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Paramus is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Paramus who work in sales jobs (13.59%), office and administrative support (12.47%), and management occupations (11.17%).

Also of interest is that Paramus has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 7.80% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Paramus is a great place for families with children to consider. First of all, many other families with children live here, making Paramus a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Paramus has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Paramus’s overall crime rate is lower than average for the country.

One downside of living in Paramus, however, is that residents on average have to contend with a long commute, spending on average 30.81 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Although the majority of commuting trips in the borough are by private automobile, Paramus 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 Paramus area by reducing both traffic and air pollution.

The education level of Paramus ranks among the highest in the nation. Of the 25-and-older adult population in Paramus, 48.26% 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 Paramus in 2010 was $41,157, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $164,628 for a family of four.

Paramus is a very ethnically-diverse borough. The people who call Paramus home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paramus residents report their race to be White, followed by Asian. Important ancestries of people in Paramus include Irish, German, Polish, and Russian.

In addition, Paramus has a lot of people living here who were born outside of the US (30.57%).

The most common language spoken in Paramus is English. Other important languages spoken here include Korean and Spanish.