Palermo vs Paterson
| Palermo | Paterson | |
|---|---|---|
| Population | 2,998 | 157,864 |
| Median Household Income | $101,005 | $55,997 |
| Median Home Value | $395,400 | $360,100 |
| Median Gross Rent | —/mo | $1,548/mo |
| Homeownership Rate | 97.9% | 26.9% |
| Unemployment Rate | 0.8% | 10.7% |
| Bachelor's Degree or Higher | 46.9% | 11.8% |
| Median Age | 47.4 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.