Springfield vs Paterson
| Springfield | Paterson | |
|---|---|---|
| Population | 1,461 | 157,864 |
| Median Household Income | $250,001 | $55,997 |
| Median Home Value | $607,900 | $360,100 |
| Median Gross Rent | $2,332/mo | $1,548/mo |
| Homeownership Rate | 84.7% | 26.9% |
| Unemployment Rate | 1.8% | 10.7% |
| Bachelor's Degree or Higher | 59.1% | 11.8% |
| Median Age | 42.1 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.