Palisades Park borough, New Jersey Housing

Palisades Park borough, New Jersey has a population of 21,418, with a median household income of $90,114.

Current housing data for Palisades Park borough.

$566,114

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Population

21,418

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Median Income

$90,114

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Unemployment

3.10%

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Housing Price

$566,114

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Crime Rate

0.40

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Internet Speed

292.80 Mbps

Palisades Park borough is a small local community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Palisades Park borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Palisades Park borough has a population of 21,418, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Palisades Park borough is $90,114, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Palisades Park borough average around $566,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Palisades Park borough is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Palisades Park borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Palisades Park borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Palisades Park borough continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Palisades Park borough

What is the population of Palisades Park borough?

The population of Palisades Park borough is approximately 21,418.

Is Palisades Park borough a good place to live?

Palisades Park borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Palisades Park borough?

The median household income in Palisades Park borough is around $90,114.

How expensive is housing in Palisades Park borough?

The average housing price in Palisades Park borough is approximately $566,114.