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Prospect Park, NJ

Full City Profile · New Jersey · Bergen County County

2.1 /5.0
C Fair
6,286 Population 13,374/sq mi density
$48,615 Median Income $28,671 per capita
$391,500 Home Value $520,062 Zillow
$1,794 Median Rent 51.0% income on rent
53°F Avg Temperature 282 sunny days/yr
86 Violent Crime/100K 1,423 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$48,615 median income, 5.2% unemployment
C
Affordability
2.1 / 5.0
$391,500 home value, $1,794/mo rent
F
Safety
1.0 / 5.0
86 violent crimes/100K
C+
Education
3.0 / 5.0
24.5% bachelor's degree or higher

Income Overview

Median Household Income
$48,615
35% below
US avg: $75,149
Per Capita Income
$28,671
27% below
US avg: $39,052
Unemployment Rate
5.2%
44% above
US avg: 3.6%
Poverty Rate
24.8%
100% above
US avg: 12.4%

Income Comparison: Prospect Park vs. U.S. Average

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

Median Household
US: $75,149
$48,615
65%
Per Capita
US: $39,052
$28,671
73%
IRS Avg AGI
US: $72,000
$139,008
193%
Avg Weekly Wage
US: $1,432
$1,551
108%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,551
8% above US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
2.9%
81% below US avg (15.2%)
Drive Alone
74.9%
2% above US avg (73.2%)
Public Transit
0.9%
81% below US avg (5.0%)
County GDP
$105,805M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.9%
Public Transit 0.9%
Work From Home 2.9%
Other 21.3%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
36,016
Restaurants
2,730
Healthcare
4,090
Retail
3,534
Manufacturing
1,003

Tax & Financial

IRS Avg Adjusted Gross Income
$139,008
93% above US avg ($72,000)
Avg Property Tax
$14,998
329% 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$48,615
Per Capita Income$28,671
IRS Avg Adjusted Gross Income$139,008
Avg Weekly Wage$1,551
County GDP$105,805M

Hardship Indicators

Unemployment Rate5.2%
Poverty Rate24.8%
Gini Coefficient0.473
Cost of Living Index108.8

Commute

Mean Commute22 minutes
Drive Alone74.9%
Public Transit0.9%
Work From Home2.9%

Businesses

Total Establishments36,016
Restaurants2,730
Healthcare4,090
Retail3,534
Manufacturing1,003

Tax

IRS Avg AGI$139,008
Avg Property Tax$14,998