All Countries
Paterson, NJ
Full City Profile · New Jersey · Bergen County County
2.2
/5.0
C
Fair
157,660
Population
18,747/sq mi density
$53,766
Median Income
$23,528 per capita
$335,400
Home Value
$527,848 Zillow
$1,457
Median Rent
35.2% income on rent
55°F
Avg Temperature
273 sunny days/yr
841
Violent Crime/100K
2,162 property/100K
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$53,766 median income, 6.5% unemployment
B
Affordability
3.1 / 5.0
$335,400 home value, $1,457/mo rent
F
Safety
1.0 / 5.0
841 violent crimes/100K (121% above avg)
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher
Housing Overview
Median Home Value
$335,400
19% above
US avg: $281,900
Median Rent
$1,457/mo
25% above
US avg: $1,163/mo
Homeownership Rate
26.2%
60% below US avg (65.4%)
Total Housing Units
52,641
Median year built: 1952
Home Value by Source
Census Median
$335,400
Zillow (ZHVI)
$527,848
Median Sale Price
$640,000
Median List Price
$599,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
26.2%
Owner-Occupied
73.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,457/mo
· Zillow rent:
$2,088/mo
Market Indicators (Redfin)
Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
35
Price Drops
6.6%
of listings with price reduction
Price Per Sq Ft
$319
Active Inventory
196
homes for sale
Affordability & Housing Stock
Rent Burden
35.2%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
26.2%
Complete Housing Data
Home Values
| Census Median Value | $335,400 |
| Zillow Home Value (ZHVI) | $527,848 |
| Median Sale Price | $640,000 |
| Median List Price | $599,999 |
| Price Per Sq Ft | $319 |
Rent
| Census Median Rent | $1,457 |
| Zillow Rent (ZORI) | $2,088 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 82 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 6.6% |
| Homes Sold | 35 |
| Active Inventory | 196 |
| Price Per Sq Ft | $319 |
Ownership & Stock
| Owner-Occupied | 26.2% |
| Renter-Occupied | 73.8% |
| Homeownership Rate | 26.2% |
| Total Housing Units | 52,641 |
| Median Year Built | 1952 |
| Rent Burden | 35.2% |