Last updated: 2024 BLS data · Page refreshed:
Paramus has a population of 26,568 with a median age of 49.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 26,568 |
| Median Age | 49.1 |
| White | 55.4% |
| Black or African American | 4.4% |
| Asian | 25.7% |
| Hispanic or Latino | 13.0% |
| Other / Two or More Races | 1.5% |
The median household income in Paramus is $144,349, which is 79.1% above the national median of $80,610. The per capita income is $58,552. The poverty rate is 4.7%.
The unemployment rate in Paramus is 3.9%, compared to the national rate of 4.1%.
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In Paramus, 94.0% of residents age 25+ have a high school diploma or higher, and 51.8% hold a bachelor's degree or higher (19.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.0% |
| Bachelor's Degree or Higher | 51.8% |
| Graduate or Professional Degree | 19.7% |
The median home value in Paramus is $813,900, above the national median of $303,400. The median monthly rent is $3,032. The homeownership rate is 82.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $813,900 |
| Median Monthly Rent | $3,032 |
| Homeownership Rate | 82.6% |
| Vacancy Rate | 4.0% |
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