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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
$970,334 Zillow
$1,976
Median Rent
31.3% income on rent
56°F
Avg Temperature
275 sunny days/yr
77
Violent Crime/100K
508 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$101,295 median income, 3.8% unemployment
C+
Affordability
2.7 / 5.0
$704,400 home value, $1,976/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
5.0 / 5.0
53.7% bachelor's degree or higher
Income Overview
Median Household Income
$101,295
35% above
US avg: $75,149
Per Capita Income
$47,618
22% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
7.3%
41% below
US avg: 12.4%
Income Comparison: Palisades Park vs. U.S. Average
Each bar shows Palisades Park’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$101,295
135%
Per Capita
US: $39,052
$47,618
122%
IRS Avg AGI
US: $72,000
$259,310
360%
Avg Weekly Wage
US: $1,432
$3,175
222%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$3,175
122% above US avg ($1,432)
Mean Commute Time
32 min
16% above US avg (28 min)
Work From Home
9.9%
35% below US avg (15.2%)
Drive Alone
54.8%
25% below US avg (73.2%)
Public Transit
18.9%
279% above US avg (5.0%)
County GDP
$1,006,673M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
54.8%
Public Transit
18.9%
Work From Home
9.9%
Other
16.4%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
129,635
Restaurants
10,013
Healthcare
8,448
Retail
9,466
Manufacturing
1,290
Tax & Financial
IRS Avg Adjusted Gross Income
$259,310
260% above US avg ($72,000)
Avg Property Tax
$21,901
526% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $101,295 |
| Per Capita Income | $47,618 |
| IRS Avg Adjusted Gross Income | $259,310 |
| Avg Weekly Wage | $3,175 |
| County GDP | $1,006,673M |
Hardship Indicators
| Unemployment Rate | 3.8% |
| Poverty Rate | 7.3% |
| Gini Coefficient | 0.598 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 54.8% |
| Public Transit | 18.9% |
| Work From Home | 9.9% |
Businesses
| Total Establishments | 129,635 |
| Restaurants | 10,013 |
| Healthcare | 8,448 |
| Retail | 9,466 |
| Manufacturing | 1,290 |
Tax
| IRS Avg AGI | $259,310 |
| Avg Property Tax | $21,901 |