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Palermo, NJ

Full City Profile · New Jersey · Cape May County County

4.1 /5.0
A Great
2,667 Population 858/sq mi density
$98,000 Median Income $48,770 per capita
$393,900 Home Value $479,757 Zillow
56°F Avg Temperature 297 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$98,000 median income, 0.5% unemployment
A
Affordability
4.4 / 5.0
$393,900 home value, N/A/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.7 / 5.0
45.9% bachelor's degree or higher

Palermo, NJ

At a Glance

Median Income
$98,000
30% above
$48,770 per capita
Home Value
$393,900
40% above
Zillow: $479,757
Violent Crime
0/100K
100% below
8,943/100K property
Bachelor's Degree+
45.9%
36% above
98.9% high school+
Unemployment
0.5%
86% below
1.9% poverty rate
Obesity Rate
30.5%
5% below
9.7% smoking rate
Avg Temperature
56°F
297 sunny days/yr

How Palermo Compares to the U.S. Average

Each bar shows Palermo's value as a percentage of the national average (100% = U.S. avg)

Income
130%
Home Value
140%
Poverty
15%
Bachelor's
136%
Unemployment
14%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Palermo a Good Place to Live?

A
4.1 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palermo residents earn a median household income of $98,000 , which is 30% above the national average of $75,149. Per capita income is $48,770. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 4,020 business establishments, including 889 restaurants.

Housing & Cost of Living

The median home value in Palermo is $393,900 , 40% above the national median of $281,900. Zillow estimates the typical home at $479,757. The cost of living index is 108.8 (100 = national average). The median home was built in 1985.

Safety & Crime

Palermo reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 8,943/100K.

Education

45.9% of adults in Palermo hold a bachelor's degree or higher (36% above the national average). 98.9% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Palermo has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 77°F in July. The area gets 297 sunny days per year. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population2,667
Median Age43.7 yrs
Density858/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans8.8%

Economy

A+
Median Income$98,000
Per Capita$48,770
Unemployment0.5%
Poverty1.9%
County GDP$7,801M
Avg Weekly Wage$934

Housing

A
Home Value$393,900
RentN/A
Ownership98.1%
Zillow$479,757
Housing Units1,331
Rent Burden35.5%

Crime

C+
Violent0/100K
Property8,943/100K

Health

Obesity30.5%
Diabetes6.4%
Smoking9.7%
Heart Disease4.0%
Premature Death9,176/100K

Climate

Avg Temp56°F
Sunny Days297/yr
AQI39 (Good)
Elevation12 ft

Education

A+
Bachelor's+45.9%
High School+98.9%
Graduate+18.2%
School Score6.1/10

Community

2024 VoteR 59% / D 40%
Commute24 min
Broadband94.7%
Internet Speed130 Mbps
EV Stations1
Libraries13

Did You Know?

The median home in Palermo was built in 1985.
The nearest airport is Atlantic City International (17 miles).
The Gini coefficient (income inequality) is 0.475 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.8% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 130 Mbps.
There are 889 restaurants in the area.
The county recorded 14 fatal vehicle crashes.