Last updated: 2024 BLS data · Page refreshed:
Paterson has a population of 158,735 with a median age of 33.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 158,735 |
| Median Age | 33.3 |
| White | 10.9% |
| Black or African American | 22.6% |
| Asian | 4.2% |
| Hispanic or Latino | 64.5% |
The median household income in Paterson is $55,997, which is 30.5% below the national median of $80,610. The per capita income is $24,403. The poverty rate is 21.2%.
The unemployment rate in Paterson is 7.7%, compared to the national rate of 4.1%.
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In Paterson, 74.2% of residents age 25+ have a high school diploma or higher, and 11.8% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 74.2% |
| Bachelor's Degree or Higher | 11.8% |
| Graduate or Professional Degree | 3.0% |
The median home value in Paterson is $360,100, above the national median of $303,400. The median monthly rent is $1,548. The homeownership rate is 26.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $360,100 |
| Median Monthly Rent | $1,548 |
| Homeownership Rate | 26.9% |
| Vacancy Rate | 5.1% |
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