Pros and Cons of Living In Palisades Park, New Jersey. Is Palisades Park, NJ a Nice Place To Live or Retire?

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Palisades Park, New Jersey

Moving to Palisades Park In New Jersey ? Is Palisades Park, NJ a Nice Place To Live? Pros and Cons of Living in Palisades Park, New Jersey. Find out the best and worst about to live, raise a family or retire in Palisades Park.

DEMOGRAPHICS

Population
20693
Unemployment
4.9%
4% NAT AVG.
Poverty
12.8%
9% NAT AVG.
Cost Of Living
162
62% NAT AVG.

ECONOMICS

Median Home Cost
$577900
151% NAT AVG.
Median Income
$79063
17% NAT AVG.
Median Rent
$1638
41% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
112
77% NAT. AVG.
60% STATE AVG.
Violent Crime
7
91% NAT. AVG.
83% STATE AVG.
Property Crime
105
74% NAT. AVG.
56% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 20
People Earning < $10,000
1 in 20
People Earning < $50,000
35%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Palisades Park USA
White 18.3% 60.1%
African American 1.6% 12.2%
American Indian 0.2% 0.6%
Asian 57.1% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 0.9% 2.8%
Hispanic 21.6% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Palisades Park USA
Less than $10,000 5% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 6.7% 8.5%
$25,000 to $34,999 9.9% 8.6%
$35,000 to $49,999 8.7% 12.0%
$50,000 to $74,999 13.2% 17.2%
$75,000 to $99,999 11.5% 12.8%
$100,000 to $149,999 20.5% 15.6%
$150,000 to $199,999 8.4% 7.1%

EDUCATION

Education Palisades Park USA
< 9th Grade 6% 5.0%
9-12th Grade 4% 7.0%
High School or GED 21% 27.0%
Other College 13% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 41% 20.0%
Master's Degree 7% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Palisades Park is a city in New Jersey state in USA with a population of 20693 residents.. The poverty rate of Palisades Park is 12.8%, which is 9% lower than national average. The typical household in Palisades Park earns $79063 a year, compared to the national median of $67,500. Nearly 35% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Palisades Park remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Palisades Park is 162, which is 62% higher than national average. In Palisades Park, only 51% of adults have a bachelor's degree and 18% have some college but no degree. Median home value in Palisades Park is $577900 , which is 151% higher than national average. While median income in Palisades Park remained $79063, which is 17% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Palisades Park Scorecard

Jobs80%

Housing95%

Affordability40%

Safety90%

Amenities95%

Diversity90%

Education80%

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