Palermo, NJ

New Jersey · Metropolitan Area

Palermo is a small town in New Jersey with a population of 2,667. Residents earn $98,000 per year, which is 30% above the national average.

4.7 /5.0
A+ Excellent
2,667 Population 858/sq mi density
$98,000 Median Income $48,770 per capita
$393,900 Home Value
N/A Median Rent
56°F Avg Temperature
A+
Overall
4.7 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$98,000 median income, 0.5% unemployment
A
Affordability
4.4 / 5.0
$393,900 home value
A+
Education
4.7 / 5.0
45.9% bachelor's degree or higher
Median Income $98,000
30% higher than US avg
Home Value $393,900
40% higher than US avg
Bachelor's+ 45.9%
36% higher than US avg
Obesity Rate 30.5%
5% lower than US avg
Unemployment 0.5%
86% lower than US avg
Poverty Rate 1.9%
85% lower than US avg

How Palermo Compares to the U.S. Average (100% = U.S. avg)

People

Population2,667
Median Age43.7 yrs
Density858/mi²
Male / Female51% / 49%
Largest GroupWhite 96%

Economy

A+
Median Income$98,000
Per Capita$48,770
Unemployment0.5%
Poverty1.9%
County GDP$7,801M
Commute24 min

Housing

A
Home Value$393,900
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity30.5%
UninsuredN/A
Depression19.5%
Heart Disease4.0%

Climate

Avg Temp56°F
AQI39 (Good)
Elevation12 ft

Education

A+
Bachelor's+45.9%
High School+98.9%
School Score6.24

Community

2024 VoteR 59% / D 40%
Commute24 min
Libraries13

Is Palermo a Good Place to Live?

Based on current data, Palermo receives an overall livability score of 4.7 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Palermo stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Palermo is $98,000, 30% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.5%. Only 1.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 24 minutes.

Cost of Living & Housing

The median home value in Palermo is $393,900, 40% above the national median. A price-to-income ratio of 4x indicates a reasonably affordable housing market.

Education

Educational attainment is solid, with 45.9% holding a bachelor's degree or higher, near the national average. 98.9% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Palermo enjoys a moderate climate with an average annual temperature of 56°F. Winters average 36°F in January while summers reach 77°F in July. Air quality is rated Good with a median AQI of 39.

Palermo has a population of 2,667 with a density of 858 people per square mile. The median age is 43.7 years, 12% older than the national median of 38.9. The city is predominantly White (96.4%).

Population

2,667
Total Population
858
People / sq mi
43.7yrs
Median Age
12% above US avg
3.1mi²
Land Area

Gender Distribution

Male 50.6%
Female 49.4%

Race & Ethnicity

Palermo vs U.S. Average

Language Spoken at Home

English Only92.2%
17% above US avg
Spanish7.8%
42% below US avg

Social Characteristics

Palermo vs U.S. Average

The median household income in Palermo is $98,000, which is 30% above the national average of $75,149. The unemployment rate is 0.5% (below the 3.6% US average). 1.9% of residents live below the poverty line. Workers commute an average of 24 minutes.

Income: Palermo vs U.S.

Commute Mode

Income

Median HH Income$98,000
30% above US avg
Per Capita Income$48,770
Avg Weekly Wage$934
IRS Avg AGI$89,478

Employment & Poverty

Unemployment0.5%
86% below US avg
Poverty Rate1.9%
85% below US avg
Establishments (County)4,020
County GDP$7,801M

Business (County)

Restaurants889
Healthcare236
Retail613
Manufacturing84

Tax & Cost of Living

Property Tax (IRS)$8,248
136% above US avg
Effective Tax Rate2.09%

Commute & Transportation

Commute Time23.6 min
Work from Home13.9%

Walkability

The median home value in Palermo is $393,900, 40% above the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$393,900
40% above US avg
Median List Price$545,000

Real Estate Market (Redfin)

Median List Price$545,000
$/Sq Ft$332
Homes Sold2
Sale-to-List Ratio98.0%
Price Drops16.7%
Inventory12

Rental Costs

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied98.1%

Property Tax

Avg Tax (IRS)$8,248
136% above US avg
Effective Rate2.09%
In Palermo, 30.5% of adults are obese (below the 32.1% national rate). 19.5% report depression. 15.9% are physically inactive.

Health Metrics: Palermo vs U.S. Average (%)

Chronic Conditions

Obesity30.5%
5% below US avg
Diabetes6.4%
Heart Disease4.0%
High Blood Pressure26.0%
Asthma9.5%
COPD3.9%
Stroke2.1%

Behaviors & Mental Health

Binge Drinking21.2%
Physical Inactivity15.9%
Depression19.5%
Mental Distress15.8%
Physical Distress9.9%

Healthcare Access

Insurance Rate99.6%
Checkup Rate75.9%
Premature Death9,176/100K

Food & Exercise

Food Environment8.0/10
Exercise Access92.0%
Healthcare Facilities236

Crime Rates: Palermo vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)14

Safety Score

Palermo has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 77°F in July. Air quality is rated Good with a median AQI of 39.

Temperature

36°F Jan (2°C) 77°F Jul (25°C)
Annual Average55.7°F
3% above US avg
January Average36°F (2°C)
July Average77°F (25°C)

Precipitation & Snow

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation12 ft (4 m)
Area3.1 sq mi (8.1 km²)
Population Density858/sq mi
Coordinates39.2336°N, 74.6858°W
County FIPS34009
It is classified as Metro — 250K–1M. 45.9% of residents hold a bachelor's degree or higher (36% above US avg). In the 2024 election, the county voted Republican by a 19.3-point margin.

2024 Presidential Election (County)

R 58.9%
D 39.7%

Winner: Republican by 19.3 points

Education

Bachelor's Degree+45.9%
36% above US avg
High School+98.9%
School Test Score6.24
A+ Education Grade (4.7/5.0)

Urban-Rural Classification

RUCC Code 2Metro — 250K–1M
Population Density858/sq mi
Total Area3.1 sq mi

Infrastructure & Services

Public Libraries13
Healthcare Facilities236
Restaurants889
Retail Stores613

Safety & Disasters

Fatal Crashes (County/yr)14

Commute & Transportation

Avg Commute23.6 min
Work from Home13.9%

Nearby Cities

Compare Palermo with another city: