Paterson Housing Information - Census

IndexPatersonNew JerseyNational
Median home price$236,000$316,400$184,700
Median rent asked$1,122$1,213$949
Avg. people per household3.42.72.6
Owner occupied households26.2%64.1%63.6%
Renter occupied households73.8%35.9%36.4%

Paterson Housing Information - Zillow

IndexPatersonNew JerseyNational
Zillow home value index$241,700$321,200$220,100
Year over year appreciation rate21.21%7.17%7.58%
5 year average appreciation rate7.41%4.27%6.57%
10 year average appreciation rate-3.30%-0.86%1.33%

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Did you know?

  • The median home price in Paterson is 28% higher than the national average.
  • The median rent asked in Paterson is 18% higher than the national average.
  • The average number of people per household in Paterson is 32% higher than the national average.
  • The number of owner occupied households in Paterson is 59% lower than the national average.
  • The number of renter occupied households in Paterson is 103% higher than the national average.

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Compare Paterson, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Teterboro, NJ86$0100%
East Orange, NJ64,621$209,50013%
Newark, NJ280,139$222,10020%
Silver Lake, NJ4,007$224,20021%
Prospect Park, NJ5,919$249,80035%
Paterson, NJ146,894$236,00028%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bridgeport, CT147,022$168,2009%
Torrance, CA147,307$652,600253%
Clarksville, TN146,281$140,00024%
Joliet, IL147,515$163,90011%
Naperville, IL145,789$388,400110%
Paterson, NJ146,894$236,00028%
Source: The Paterson, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.