Far Hills vs Paterson
| Far Hills | Paterson | |
|---|---|---|
| Population | 1,047 | 157,864 |
| Median Household Income | $143,250 | $55,997 |
| Median Home Value | $792,100 | $360,100 |
| Median Gross Rent | $1,554/mo | $1,548/mo |
| Homeownership Rate | 87.1% | 26.9% |
| Unemployment Rate | 7.2% | 10.7% |
| Bachelor's Degree or Higher | 61.7% | 11.8% |
| Median Age | 50.3 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.