Paramus is a medium-sized borough located in the state of New Jersey. With a population of 26,359 people and six associated neighborhoods, Paramus is the 66th 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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.45% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 is that it can take a long time to commute to work. In Paramus, the average commute to work is 30.77 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.

Like elsewhere in America, most people in Paramus use a private automobile to get to work. But notably, a substantial number of Paramus‘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.

If knowledge is power, Paramus is a pretty powerful place. 50.28% of the adults in Paramus have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Paramus in 2018 was $55,747, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $222,988 for a family of four.

Paramus is an extremely 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. Paramus also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.29% of the borough’s residents. Important ancestries of people in Paramus include Italian, Irish, German, Polish, and Russian.

In addition, Paramus has a lot of people living here who were born outside of the US (30.47%).

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