Paterson, New Jersey
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Data-driven estimates for Paterson — with the methodology behind every number.
Paterson market snapshot
- Median Sale Price
- $500K
- Median Days on Market
- 44 days
- Active Listings
- 88
RentCast market data · Passaic County County, New Jersey
About Paterson, New Jersey
Paterson (English pronunciation: /ˈpætɚsən/ ) is the largest city in and the county seat of Passaic County, in the U.S. state of New Jersey. As of the 2020 United States census, Paterson was the state's third-most-populous municipality, with a population of 159,732, an increase of 13,533 (+9.3%) from the 2010 census count of 146,199, which in turn reflected a decline of 3,023 (-2.0%) from the 149,222 counted in the 2000 census. The Census Bureau's Population Estimates Program calculated a population of 156,452 for 2023, making it the 168th-most populous municipality in the nation.
A prominent mill town within the New York–New Jersey metropolitan area, Paterson has been known as Silk City for its once-dominant role in silk production during the latter half of 19th century. It has since evolved into a major destination for Hispanic immigrants as well as for immigrants from Turkey, the Arab world, and South Asia. Paterson has the nation's second-largest per capita Muslim population.
Paterson by the numbers
Population 157,660 · Median age 33.3 yrs · Census ACS 2023
Median household income
Paterson's median household income of $53,766 compares to $101,050 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.
Median age (years)
The median age in Paterson is 33.3 yrs, compared to 40.1 yrs for New Jersey and 38.7 yrs nationally.
Gender split
Paterson is 49.3% male and 50.7% female, per Census ACS estimates.
Population trend — Paterson
Paterson's population grew 8.2% from 2019 to 2023, per Census ACS 5-year estimates.
Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.
New Jersey government
Governor
Mikie Sherrill
Democrat
U.S. Senators
- Kim, Andy(D)
- Booker, Cory A.(D)
House Representatives (12)
- Norcross, Donald (D-1)(D)
- Van Drew, Jefferson (D-2)(R)
- Conaway, Herbert C. (D-3)(D)
- Smith, Christopher H. (D-4)(R)
- Gottheimer, Josh (D-5)(D)
- Pallone, Frank (D-6)(D)
- Kean, Thomas H. (D-7)(R)
- Menendez, Robert (D-8)(D)
- Pou, Nellie (D-9)(D)
- McIver, LaMonica (D-10)(D)
- Mejia, Analilia (D-11)(D)
- Watson Coleman, Bonnie (D-12)(D)
Source: Congress.gov, Wikidata. Federal legislators represent New Jersey statewide or by congressional district.
Paterson economy
Portions of the city are part of an Urban Enterprise Zone (UEZ), one of 32 zones covering 37 municipalities statewide. The city was selected in 1994 as one of a group of 10 zones added to participate in the program. In addition to other benefits to encourage employment within the UEZ, shoppers can take advantage of a reduced 3.3125% sales tax rate (half of the 6+5⁄8% rate charged statewide) at eligible merchants. Established in September 1994, the city's Urban Enterprise Zone status expires in September 2025. The UEZ program plays a pivotal role in the city's economic revitalization.
Source: Wikipedia article on Paterson under CC BY-SA 4.0.
Paterson real estate news
Recent news about the Paterson housing market. Source: Google News.
- Two dead and four injured in Paterson shooting - Bergen RecordBergen Record·
- Newmark: Goodman buys landmark Anheuser-Busch brewery site in Newark for $360 million - Real Estate NJReal Estate NJ·
- Here's how many Paterson homeowners face property tax hikes over $1K - Bergen RecordBergen Record·
- WinnDevelopment and Partners Launch Construction of $26M Renovation of Carroll Street Houses in Paterson, New Jersey - Multifamily & Affordable Housing BusinessMultifamily & Affordable Housing Business·
- 10 most expensive homes sold in Paterson area, Feb. 9-15 - NJ.comNJ.com·
Paterson real estate — frequently asked questions
- What is the median home price in Paterson?
- The median home sale price in Paterson, NJ is $499,900, based on the most recent available sales data.
- How long do homes stay on the market in Paterson?
- Homes in Paterson sell in a median of 44 days.
- What is the cost of living like in Paterson?
- Paterson has a median household income of $53,766, per U.S. Census Bureau ACS estimates.
- Who lives in Paterson?
- Paterson has a population of 157,660 with a median age of 33.3 years, per U.S. Census Bureau ACS estimates.
- How do I sell my home in Paterson?
- Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Paterson market within 24 hours.
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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in New Jersey. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.