Towaco vs Paterson
| Towaco | Paterson | |
|---|---|---|
| Population | 5,553 | 157,864 |
| Median Household Income | $205,636 | $55,997 |
| Median Home Value | $701,300 | $360,100 |
| Median Gross Rent | $1,950/mo | $1,548/mo |
| Homeownership Rate | 93.0% | 26.9% |
| Unemployment Rate | 2.0% | 10.7% |
| Bachelor's Degree or Higher | 73.3% | 11.8% |
| Median Age | 47.0 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.