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Paramus, NJ Area and Community Summary Information


Community Summary

Paramus New Jersey
Community Characteristics
Population 27,275 8,831,614
Population Density 2,605 1,136
Educational Climate Index 5
Median Age 43.22 37.31
Median Dwelling Age 42 38
In Current Residence 5+ years 53 % 38 %
Median Home Sale Price $603,000
Average household Income $102,398 $86,040
Median Value of Home Equity $278,761 $215,928
Median Mortgage Debt $631,835 $468,869
Total Household Expenditure 139 121
Total Crime Risk 148 75
Weather Risk 95 99
Air Pollution Index 116 103
Median Travel Time to Work 21.27 23.46
     

Population Characteristics

Paramus New Jersey
Population 27,275 8,831,614
Population Density 2,605 1,136
     
Male Population 13,340 4,311,153
Female Population 13,935 4,520,461
     
Population Change Since 1990 9 % 14 %
Population Change Since 2000 6 % 5 %
     

Age

Paramus New Jersey
Median Age 43.22 37.31
     
Population: Age 0-4 1,333 581,557
Population: Age 5-9 1,656 583,684
Population: Age 10-14 1,971 609,409
Population: Age 15-19 1,917 613,247
Population: Age 20-24 1,300 560,477
Population: Age 25-29 901 510,175
Population: Age 30-34 1,126 541,963
Population: Age 35-39 1,638 626,924
Population: Age 40-44 2,126 704,792
Population: Age 45-49 2,306 712,181
Population: Age 50-54 1,977 635,494
Population: Age 55-59 1,856 545,258
Population: Age 60-64 1,669 437,373
Population: Age 65-69 1,363 320,848
Population: Age 70-74 1,187 254,073
Population: Age 75-79 1,061 221,637
Population: Age 80-84 852 184,183
Population: Age 85+ 1,036 188,339
     

Race Distribution

Paramus New Jersey
Race: White 19,708 6,081,636
Race: American Indian, Eskimo, Aleut 11 21,897
Race: Asian or Pacific Islander 5,814 696,313
Race: Other 472 557,950
Race: Hawaiian / Pacific Islander 3 3,858
Race: Black 516 1,162,080
     

Hispanic Distribution

Paramus New Jersey
Population: Hispanic 1,982 1,407,295
Population: Not Hispanic 25,293 7,424,319
     

Education

Paramus New Jersey
Education: Less than 9th Grade 831 289,584
Education: Some High School 1,039 439,766
Education: High School Graduate 4,848 1,731,752
Education: Some College 2,646 933,688
Education: Associate Degree 1,034 381,166
Education: Bachelors Degree 5,368 1,340,718
Education: Graduate Degree 3,332 766,566
     

Marital Status

Paramus New Jersey
Never Married 5,046 1,968,191
Now Married 13,216 3,653,265
Separated 862 391,293
Widowed 2,061 514,216
Divorced 1,110 529,269
     

Households

Paramus New Jersey
Households 8,429 3,171,408
Average Household Size
     
Households: Family 6,872 2,178,614
Households: Non-Family 1,557 992,794
     
Households: With Children 3,829 1,148,009
Households: No Children 4,600 2,023,399
     

Housing Characteristics

Paramus New Jersey
Median Dwelling Age 42 38
Median Home Sale Price $603,000
Average household Income $102,398 $86,040
Median Value of Home Equity $278,761 $215,928
Median Mortgage Debt $631,835 $468,869
     

Home Ownership

Paramus New Jersey
Vacant Dwellings 301 324221
Owner-Occupied Dwellings 7550 2153048
Renter-Occupied Dwellings 879 1018360
     

Turnover

Paramus New Jersey
In Current Residence 5+ years 53 % 38 %
Annual Residential Turnover 9 % 14 %
     
Median Years in Residence 6.04 3.69
     

Income Characteristics

Paramus New Jersey
Median household income $94,559 $67,430
Average household Income $102,398 $86,040
Per capita income $34,744 $31,741
Median Disposable Income $73,307 $55,581
     

Income Growth

Paramus New Jersey
Change in Avg. Household Income Since 1990 60 % 65 %
Change in Avg. Household Income Since 2000 23 % 21 %
     

Household Income

Paramus New Jersey
Household Income: $0-$10,000 164 193,715
Household Income: $10,000-$15,000 122 103,152
Household Income: $15,000-$20,000 229 123,324
Household Income: $20,000-$25,000 265 129,213
Household Income: $25,000-$30,000 233 130,522
Household Income: $30,000-$35,000 258 124,949
Household Income: $35,000-$40,000 192 119,359
Household Income: $40,000-$45,000 243 131,613
Household Income: $45,000-$50,000 271 121,418
Household Income: $50,000-$60,000 493 255,092
Household Income: $60,000-$75,000 739 314,193
Household Income: $75,000-$100,000 1,323 449,500
Household Income: $100,000-$125,000 1,108 316,832
Household Income: $125,000-$150,000 859 205,267
Household Income: $150,000-$200,000 970 205,615
Household Income: $200,000-$250,000 361 77,239
Household Income: $250,000-$500,000 418 97,394
Household Income: $500,000+ 181 73,011
     

Median Income

Paramus New Jersey
Median Income: Age < 25 $35,682 $42,020
Median Income: Age 25-34 $83,774 $62,123
Median Income: Age 35-44 $95,492 $73,449
Median Income: Age 45-54 $108,468 $82,195
Median Income: Age 55-64 $108,417 $75,251
Median Income: Age 65-74 $80,495 $54,152
Median Income: Age 75+ $56,809 $41,057
     

Cost of Living Index

Paramus New Jersey
Total Household Expenditure 139 121
Contributions 160 131
Personal Insurance 155 129
Apparel 140 122
Education 159 132
Entertainment 142 122
Food And Beverages 133 119
Health Care 128 116
Household Furnishings And Equipment 146 125
Shelter 141 122
Household Operations 154 128
Miscellaneous Expenses 132 118
Personal Care 137 120
Reading 139 122
Tobacco 115 110
Transportation 136 119
Utilities 128 116
Gifts 153 129
     
Sales Tax Rate 7 %
     

Financial Characteristics

Paramus New Jersey
Median Household Net Worth $300,279 $197,269
Average Household Net Worth $887,442 $645,594
Median Value of Home Equity $278,761 $215,928
Median Mortgage Debt $631,835 $468,869
     

Net Worth

Paramus New Jersey
Net Worth: $0 or Less 670 326,321
Net Worth: $1-$5,000 749 367,566
Net Worth: $5,000-$10,000 455 200,412
Net Worth: $10,000-$25,000 928 370,210
Net Worth: $25,000-$50,000 1,122 417,831
Net Worth: $50,000-$100,000 1,488 530,540
Net Worth: $100,000-$250,000 1,922 650,708
Net Worth: $250,000-$500,000 833 268,774
Net Worth: Greater Than $500,000 507 156,229
     

Investments and Debt

Paramus New Jersey
Median Value of Transaction Accounts $44,823 $33,791
Median Value of Certificates of Deposit $10,259 $8,151
Median Value of Savings Bonds $1,580 $1,282
Median Value of Bonds (Not US Savings) $24,579 $16,713
Median Value of Stocks $74,995 $52,134
Median Value of Mutual Funds $57,947 $41,384
Median Value of Retirement Accounts $121,826 $88,868
Median Value of Cash Value Life Ins $10,393 $7,745
Median Value of Other Managed Accounts $28,788 $21,083
Median Value of Other Financial Assets $8,406 $6,061
Median Value of Any Financial Assets $383,597 $277,211
Median Value of Vehicles Owned $24,784 $20,543
Median Value of Investment Property Equity $70,560 $51,094
Median Value of Business Equity $49,377 $35,545
Median Value of Other Non-Financial Assets $198,352 $138,540
Median Value of Any Non-Financial Assets $10,002 $7,220
Median Installment Loan Debt $96,001 $75,190
Median Lines of Credit Debt $14,592 $10,408
Median Credit Card Debt $1,239 $893
Median Investment Real Estate Debt $10,825 $9,611
Median Other Debt $28,932 $19,775
Median Total Debts $345,589 $233,464
     

Occupation

Paramus New Jersey
     
Occupations: White Collar 32,789 3,366,292
Occupations: Blue Collar 6,177 802,169
     
Business Counts: Professional Specialty Occupations 5,421 716,164
Business Counts: Sales Professionals 1,829 111,188
Business Counts: Technologies and Technicians 1,397 159,088
Business Counts: Sales Workers and Clerks 6,721 386,930
Business Counts: Administrative Support 7,656 838,266
Business Counts: Technical, Sales and Administrative: Field Occupations 69 11,994
Business Counts: Private Household 1 136
Business Counts: Protective Services 610 83,977
Business Counts: Other Services: Site Based 4,278 499,367
Business Counts: Other Services: Field Based 214 23,417
Business Counts: Farming, Forestry, and Fishing 557 66,954
Business Counts: Precision, Craft, and Repair: Site Based 2,493 325,694
Business Counts: Construction, Repair and Mining: Field Based 667 107,282
Business Counts: Machine Operators, Assemblers and Inspectors 664 88,476
Business Counts: Transportation Materials Moving Workers 994 118,631
Business Counts: Handlers, Helpers and Laborers 802 95,132
     
Employees: Agricultural, Forestry, Fishing 245 34,345
Employees: Mining 7 1,730
Employees: Construction 308 154,244
Employees: Manufacturing 1,255 368,914
Employees: Transportation and Communications 1,004 207,355
Employees: Wholesale Trade 1,281 246,876
Employees: Retail Trade 16,843 836,372
Employees: Finance, Insurance and Real Estate 4,009 308,111
Employees: Services 13,498 1,735,810
Employees: Public Administration 516 274,705
     

Transportation & Commute

Paramus New Jersey
Median Travel Time to Work 21.27 23.46
Transportation to Work: Public 7 % 10 %
Transportation to Work: Drive / Carpool 88 % 84 %
Transportation to Work: Walk / Bike / Other 2 % 4 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

Paramus New Jersey
Total Crime Risk 148 75
     
Personal Crime Risk 38 80
Murder Risk 17 87
Rape Risk 15 50
Robbery Risk 54 116
Assault Risk 55 67
     
Property Crime Risk 239 73
Burglary Risk 58 70
Larceny Risk 310 70
Motor Vehicle Theft Risk 427 98
     

Temperature & Rain

Paramus New Jersey
Average January High Temperature 37.7 38.93
Average January Low Temperature 19.5 21.45
Average July High Temperature 85.5 85.21
Average July Low Temperature 64.4 64.29
     
Annual Precipitation 51.5 47.39
     

Weather Risk Index

Paramus New Jersey
Weather Risk 95 99
Earthquake Risk 116 92
Hail Index 69 68
Hurricane Index 107 117
Tornado Index 65 66
Wind Index 204 190
     

Environmental Quality Index

Paramus New Jersey
Air Pollution Index 116 103
Ozone Index 124 108
Carbon Monoxide Index 123 112
Lead Index 106 83
NO2 Index 138 121
Particulate Matter Index 89 90
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
07652
$94,570
Median Value of Home Equity
Zip
1
07652
$278,859
Fastest Growing (change since 2000)
Zip
1
07652
6 %
Longest Commute
Zip
1
07652
21.33
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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