Palisades Park vs Newark
| Palisades Park | Newark | |
|---|---|---|
| Population | 20,231 | 307,355 |
| Median Household Income | $94,743 | $52,060 |
| Median Home Value | $719,600 | $373,700 |
| Median Gross Rent | $2,009/mo | $1,392/mo |
| Homeownership Rate | 35.5% | 24.4% |
| Unemployment Rate | 5.6% | 11.6% |
| Bachelor's Degree or Higher | 51.0% | 19.7% |
| Median Age | 42.9 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.