Lakewood vs Paterson
| Lakewood | Paterson | |
|---|---|---|
| Population | 68,555 | 157,864 |
| Median Household Income | $56,968 | $55,997 |
| Median Home Value | $715,500 | $360,100 |
| Median Gross Rent | $1,718/mo | $1,548/mo |
| Homeownership Rate | 39.1% | 26.9% |
| Unemployment Rate | 6.3% | 10.7% |
| Bachelor's Degree or Higher | 31.9% | 11.8% |
| Median Age | 17.5 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.