Somers Point vs Paterson
| Somers Point | Paterson | |
|---|---|---|
| Population | 10,482 | 157,864 |
| Median Household Income | $71,062 | $55,997 |
| Median Home Value | $309,200 | $360,100 |
| Median Gross Rent | $1,383/mo | $1,548/mo |
| Homeownership Rate | 52.4% | 26.9% |
| Unemployment Rate | 10.4% | 10.7% |
| Bachelor's Degree or Higher | 34.9% | 11.8% |
| Median Age | 43.6 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.