Palisades Park, NJ

Full City Profile · New Jersey · New York County County

3.3 /5.0
B Good
20,192 Population 16,284/sq mi density
$101,295 Median Income $47,618 per capita
$704,400 Home Value $1,016,316 Zillow
$1,976 Median Rent 31.3% income on rent
55°F Avg Temperature
24 Violent Crime/100K 689 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$101,295 median income, 5.4% unemployment
C+
Affordability
2.7 / 5.0
$704,400 home value, $1,976/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
53.7% bachelor's degree or higher

Palisades Park, NJ

At a Glance

Median Income
$101,295
35% above
$47,618 per capita
Home Value
$704,400
150% above
Zillow: $1,016,316
Median Rent
$1,976/mo
70% above
31.3% of income on rent
Violent Crime
24/100K
94% below
689/100K property
Bachelor's Degree+
53.7%
59% above
90.4% high school+
Unemployment
5.4%
50% above
7.3% poverty rate
Obesity Rate
20.1%
37% below
7.9% smoking rate
Avg Temperature
55°F

How Palisades Park Compares to the U.S. Average

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

Income
135%
Home Value
250%
Rent
170%
Poverty
59%
Bachelor's
159%
Unemployment
150%
Crime
6%
Thin vertical line = U.S. national average (100%)

Is Palisades Park a Good Place to Live?

B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palisades Park residents earn a median household income of $101,295 , which is 35% above the national average of $75,149. Per capita income is $47,618. The unemployment rate stands at 5.4% (50% above the U.S. rate of 3.6%). 7.3% of residents live below the poverty line. The area is home to 129,635 business establishments, including 10,013 restaurants.

Housing & Cost of Living

The median home value in Palisades Park is $704,400 , 150% above the national median of $281,900. Zillow estimates the typical home at $1,016,316. Median rent is $1,976/month, with 31.3% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1979.

Safety & Crime

Palisades Park reports 24 violent crimes per 100,000 residents , which is 94% below the national average of 380/100K. Property crime is 689/100K.

Education

53.7% of adults in Palisades Park hold a bachelor's degree or higher (59% above the national average). 90.4% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Palisades Park has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 78°F in July. Annual precipitation totals 46.3 inches.

Data Overview

People

Population20,192
Median Age43.2 yrs
Density16,284/mi²
Male / Female47% / 53%
Foreign Born60.1%
Veterans1.9%

Economy

A
Median Income$101,295
Per Capita$47,618
Unemployment5.4%
Poverty7.3%
County GDP$1,006,673M
Avg Weekly Wage$3,175

Housing

C+
Home Value$704,400
Rent$1,976
Ownership37.2%
Zillow$1,016,316
Housing Units7,413
Rent Burden31.3%

Crime

F
Violent24/100K
Property689/100K

Health

Obesity20.1%
Diabetes10.0%
Smoking7.9%
Heart Disease4.0%
Premature Death4,960/100K

Climate

Avg Temp55°F
Rain46.3 in/yr
Elevation109 ft

Education

A+
Bachelor's+53.7%
High School+90.4%
Graduate+12.0%
School Score6.2/10

Community

2024 VoteR 18% / D 82%
Commute32 min
Broadband92.9%
Internet Speed220 Mbps
EV Stations1
Libraries48

Did You Know?

Palisades Park was founded in 1899.
The median home in Palisades Park was built in 1979.
18.9% of residents use public transit to commute.
The nearest airport is Laguardia (8 miles).
The Gini coefficient (income inequality) is 0.598 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
5.3% of the population has a disability.
60.1% of residents are foreign-born.
Average internet download speed is 220 Mbps.
There are 10,013 restaurants in the area.
The county recorded 31 fatal vehicle crashes.