Paramus 82 Exceptional
Paramus Livability #37 ranked city in New Jersey#891 ranked city in the USARanks better than 96% of areas

Pros and Cons of Living in Paramus

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Commute

    An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

CONS
  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in Paramus?

Located in the state of New Jersey, Paramus is a mid-sized city with a population of 26,403 people. The Paramus population appears to be aging at a faster rate than normal. The median age is currently 49, which is on the high side when compared to most other cities. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Paramus offers up a higher than average one way commute time of 31 minutes.

Are you trying to ascertain if living in Paramus is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Paramus and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

The livability score in Paramus is 83/100 and the city is ranked in the 97th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Paramus could be a great choice! Paramus has also earned the rare honor of ranking in the top 10 percentile among all cities. If we probe a little deeper into each category within the livability score, we see that Paramus has higher than average rankings for the following: amenities (A+), crime (A), education (A+) and housing (B).

Living in Paramus offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Paramus provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale. Some of the more notable entertainment options include: The New Jersey Children's Museum, Westfield Garden State Plaza, and Van Saun County Park / Bergen County Zoological Park.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Paramus gets top scores for their low violent crime rates of 38 crimes per 100,000 residents, which are significantly lower than the national average.

Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Paramus, the schools boast an impressive average test score of 67%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Paramus apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Paramus real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Paramus. The median home price for Paramus homes is $614,900, which is 94.3% higher than the New Jersey average. If we take a closer look at the affordability of homes in Paramus, we’ll see that the home price to income ratio is 4.7, which is 9.3% higher than the New Jersey average.

Best Places to Live in and Around Paramus

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Compare Paramus, NJ Livability

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      Paramus transportation information

      Statistic Paramus New Jersey National
      Average one way commute31min31min26min
      Workers who drive to work68.6%71.7%76.4%
      Workers who carpool7.3%8.1%9.3%
      Workers who take public transit10.4%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk1.3%3.0%2.8%
      Working from home11.5%4.1%4.6%
      Source: The Paramus, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).