Paramus vs Newark
| Paramus | Newark | |
|---|---|---|
| Population | 26,582 | 307,355 |
| Median Household Income | $144,349 | $52,060 |
| Median Home Value | $813,900 | $373,700 |
| Median Gross Rent | $3,032/mo | $1,392/mo |
| Homeownership Rate | 82.6% | 24.4% |
| Unemployment Rate | 7.7% | 11.6% |
| Bachelor's Degree or Higher | 51.8% | 19.7% |
| Median Age | 49.1 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.