Short Hills vs Paterson
| Short Hills | Paterson | |
|---|---|---|
| Population | 14,448 | 157,864 |
| Median Household Income | $250,001 | $55,997 |
| Median Home Value | $1,674,100 | $360,100 |
| Median Gross Rent | $3,126/mo | $1,548/mo |
| Homeownership Rate | 86.5% | 26.9% |
| Unemployment Rate | 3.4% | 10.7% |
| Bachelor's Degree or Higher | 92.6% | 11.8% |
| Median Age | 41.5 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.