Prospect Park, NJ
Full City Profile · New Jersey · Bergen County County
Prospect Park, NJ
At a Glance
How Prospect Park Compares to the U.S. Average
Each bar shows Prospect Park's value as a percentage of the national average (100% = U.S. avg)
Is Prospect Park a Good Place to Live?
Economy & Jobs
Prospect Park residents earn a median household income of $48,615 , which is 35% below the national average of $75,149. Per capita income is $28,671. The unemployment rate stands at 8.2% (128% above the U.S. rate of 3.6%). 24.8% of residents live below the poverty line. The area is home to 36,016 business establishments, including 2,730 restaurants.
Housing & Cost of Living
The median home value in Prospect Park is $391,500 , 39% above the national median of $281,900. Zillow estimates the typical home at $545,313. Median rent is $1,794/month, with 51.0% 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 1946.
Safety & Crime
Prospect Park reports 95 violent crimes per 100,000 residents , which is 75% below the national average of 380/100K. Property crime is 1,300/100K.
Education
24.5% of adults in Prospect Park hold a bachelor's degree or higher (27% below the national average). 88.7% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Prospect Park has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 44.9 inches. Air quality is rated Good with a median AQI of 40.