Mendham vs Paterson
| Mendham | Paterson | |
|---|---|---|
| Population | 4,968 | 157,864 |
| Median Household Income | $211,944 | $55,997 |
| Median Home Value | $819,800 | $360,100 |
| Median Gross Rent | $3,501/mo | $1,548/mo |
| Homeownership Rate | 85.9% | 26.9% |
| Unemployment Rate | 3.4% | 10.7% |
| Bachelor's Degree or Higher | 80.7% | 11.8% |
| Median Age | 46.5 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.