Florham Park vs Paterson
| Florham Park | Paterson | |
|---|---|---|
| Population | 12,790 | 157,864 |
| Median Household Income | $158,696 | $55,997 |
| Median Home Value | $791,400 | $360,100 |
| Median Gross Rent | $3,109/mo | $1,548/mo |
| Homeownership Rate | 69.8% | 26.9% |
| Unemployment Rate | 5.4% | 10.7% |
| Bachelor's Degree or Higher | 69.9% | 11.8% |
| Median Age | 40.9 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.