Avalon vs Paterson
| Avalon | Paterson | |
|---|---|---|
| Population | 1,459 | 157,864 |
| Median Household Income | $139,167 | $55,997 |
| Median Home Value | $1,959,000 | $360,100 |
| Median Gross Rent | $1,708/mo | $1,548/mo |
| Homeownership Rate | 93.0% | 26.9% |
| Unemployment Rate | 3.9% | 10.7% |
| Bachelor's Degree or Higher | 70.6% | 11.8% |
| Median Age | 65.6 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.