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 Rate | 5.2% |
| Poverty Rate | 24.8% |
| Gini Coefficient | 0.473 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 74.9% |
| Public Transit | 0.9% |
| Work From Home | 2.9% |
Businesses
| Total Establishments | 36,016 |
| Restaurants | 2,730 |
| Healthcare | 4,090 |
| Retail | 3,534 |
| Manufacturing | 1,003 |
Tax
| IRS Avg AGI | $139,008 |
| Avg Property Tax | $14,998 |
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