Menlo Park Terrace vs Paterson
| Menlo Park Terrace | Paterson | |
|---|---|---|
| Population | 3,117 | 157,864 |
| Median Household Income | $110,278 | $55,997 |
| Median Home Value | $427,400 | $360,100 |
| Median Gross Rent | $1,971/mo | $1,548/mo |
| Homeownership Rate | 86.7% | 26.9% |
| Unemployment Rate | 8.3% | 10.7% |
| Bachelor's Degree or Higher | 38.8% | 11.8% |
| Median Age | 39.9 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.