Palisades Park, NJ

Census Place

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2024 Population
20,290
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
42.9
0.694% 1-year decrease
2024 Poverty Rate
9.41%
5.87% 1-year decrease
2024 Median Household Income
$94,743
6.47% 1-year decline
2024 Median Property Value
$719,600
2.16% 1-year growth
2024 Employed Population
11,357
1.98% 1-year decline

About

None of the households in Palisades Park, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

74.4% of the residents in Palisades Park, NJ are U.S. citizens.

In 2024, the median property value in Palisades Park, NJ was $719,600, and the homeownership rate was 35.5%.

Most people in Palisades Park, NJ drove alone to work, and the average commute time was 30.7 minutes. The average car ownership in Palisades Park, NJ was 2 cars per household.

Population & Diversity

Palisades Park, NJ is home to a population of 20.3k people, from which 74.4% are citizens. As of 2024, 59.3% of Palisades Park, NJ residents were born outside of the country (12k people).

In 2024, there were 2.84 times more Asian (Non-Hispanic) residents (11.1k people) in Palisades Park, NJ than any other race or ethnicity. There were 3.9k White (Non-Hispanic) and 2.24k Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

74.4%
2024 Citizenship
74.2%
2023 Citizenship

As of 2024, 74.4% of Palisades Park, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Palisades Park, NJ was 74.2%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Palisades Park, NJ compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Palisades Park, NJ
  1. Asian (Non-Hispanic)
    11.1k ± 1.11k
  2. White (Non-Hispanic)
    3.9k ± 832
  3. Other (Hispanic)
    2.24k ± 651
22.3%
Hispanic Population
4.52k people

In 2024, there were 2.84 times more Asian (Non-Hispanic) residents (11.1k people) in Palisades Park, NJ than any other race or ethnicity. There were 3.9k White (Non-Hispanic) and 2.24k Other (Hispanic) residents, the second and third most common ethnic groups.

22.3% of the people in Palisades Park, NJ are hispanic (4.52k people).

The following chart shows the 8 races represented in Palisades Park, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

59.3%
2024 Foreign-Born Population
12k people
60.1%
2023 Foreign-Born Population
12.1k people

As of 2024, 59.3% of Palisades Park, NJ residents (12k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Palisades Park, NJ was 60.1%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Palisades Park, NJ compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    316 ± 164
  2. Gulf War (2001-)
    125 ± 138
  3. Gulf War (1990s)
    47 ± 60

Palisades Park, NJ has a large population of military personnel who served in Vietnam, 2.53 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Palisades Park, NJ.

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Economy

The economy of Palisades Park, NJ employs 11.4k people. In 2024, the largest industries in Palisades Park, NJ were Health Care & Social Assistance (1,512 people), Retail Trade (1,364 people), and Professional, Scientific, & Technical Services (1,182 people), and the highest paying industries were Information ($87,429), Real Estate & Rental & Leasing ($85,000), and Public Administration ($81,218).

Occupations

11.4k
2024 Value
± 957
−1.98%
1 Year decline
± 12%

From 2023 to 2024, employment in Palisades Park, NJ declined at a rate of −1.98%, from 11.6k employees to 11.4k employees.

The most common job groups, by number of people living in Palisades Park, NJ, are Office & Administrative Support Occupations (1,400 people), Management Occupations (1,342 people), and Sales & Related Occupations (1,299 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palisades Park, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

11.4k
2024 Value
± 957
−1.98%
1 Year decline
± 12%

From 2023 to 2024, employment in Palisades Park, NJ declined at a rate of −1.98%, from 11.6k employees to 11.4k employees.

The most common employment sectors for those who live in Palisades Park, NJ, are Health Care & Social Assistance (1,512 people), Retail Trade (1,364 people), and Professional, Scientific, & Technical Services (1,182 people). This chart shows the share breakdown of the primary industries for residents of Palisades Park, NJ, though some of these residents may live in Palisades Park, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,914
Median earning men ± $7,415
$49,411
Median earning women ± $3,409

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($110,043), Manufacturing ($86,797), and Public Administration ($81,426).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($97,574), Information ($87,131), and Public Administration ($71,992).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Palisades Park, NJ was $719,600 in 2024, which is 2.16 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $704,400 to $719,600, a 2.16% increase. The homeownership rate in Palisades Park, NJ is 35.5%, which is lower than the national average of 65.2%.

People in Palisades Park, NJ have an average commute time of 30.7 minutes, and they drove alone to work. Car ownership in Palisades Park, NJ is approximately the same as the national average, with an average of 2 cars per household.

Property

$719,600
Median Property Value 2024
±$61,173
$2,652
Median Property Taxes
±$379

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palisades Park, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Palisades Park, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

35.5%
Homeownership
2024
59.7%
Homeowners with Mortgage
2024

In 2024, 35.5% of the housing units in Palisades Park, NJ were occupied by their owner. This percentage declined from the previous year's rate of 37.2%.

This chart shows the percentage of owner in Palisades Park, NJ compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$94,743
Median Household Income
± $9,430
7.47k
Number of Households
± 747

In 2024, the median household income of the 7.47k households in Palisades Park, NJ declined from $94,743 from the previous year's value of $101,295.

The following chart displays the households in Palisades Park, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $150k - $200k range.

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Wage Distribution

The closest comparable wage GINI for Palisades Park, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (54.9%)
  2. Public Transit (14.1%)
  3. Carpooled (13.2%)

In 2024, 54.9% of workers in Palisades Park, NJ drove alone to work, followed by those who used public transit to get to work (14.1%) and those who carpooled to work (13.2%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

30.7 minutes
Average Travel Time

Using averages, employees in Palisades Park, NJ have a longer commute time (30.7 minutes) than the normal US worker (26.4 minutes). Additionally, 2.11% of the workforce in Palisades Park, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palisades Park, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Palisades Park, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palisades Park, NJ have 2 cars.

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Poverty & Diversity

9.41% of the population for whom poverty status is determined in Palisades Park, NJ (1.91k out of 20.3k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Males 75+ and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Palisades Park, NJ is Asian, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

86.1% of the population of Palisades Park, NJ has health coverage, with 40.7% on employee plans, 17.9% on Medicaid, 12.9% on Medicare, 14% on non-group plans, and 0.729% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 46.8% were men and 53.2% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 15.1% under 18 years, 24.6% between 18 and 34 years, 41.8% between 35 and 64 years, and 18.6% over 64 years.

By gender, of the total number of insured persons, 46.8% were men and 53.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

13.9%
Uninsured
40.7%
Employer Coverage
17.9%
Medicaid
12.9%
Medicare
14%
Non-Group
0.729%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Palisades Park, NJ grew by 8.98% from 12.8% to 13.9%.

The following chart shows how the percent of uninsured individuals in Palisades Park, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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