Housing data for Palermo, NJ
Palermo, NJ has an estimated 2,696 residents and 1,280 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Cape May County.
2.1% of households rent.
Figures last updated on .
- Residents
- 2,696 (±464)
- Housing units
- 1,280 (±193)
- Households that rent
- 2.1%
What stands out in Palermo
Households that rent: 2.1% (±2.6 points) in Palermo, lower than in Cape May County (19.7%).
Homes in buildings of 5 or more units: 0.0% (±6.1 points) in Palermo, lower than in Cape May County (8.8%).
Households without a vehicle: 0.4% (±0.9 points) in Palermo, lower than in Cape May County (5.7%).
Median real estate taxes: $6,665 (±$345) in Palermo, higher than in Cape May County ($5,306).
Housing in Palermo at a glance
- Rent burden: 28.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 2.1% of households rent (Small sample: wide margin of error)
- Income and affordability: $101,005 median household income
- Home values: $395,400 median home value
- Homeowner costs: $2,580 median monthly cost with a mortgage
- Property taxes: $6,665 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 65.9% of homes have 3 or more bedrooms
- Age of homes: 43.7% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 90.1% heat with utility gas
- Commute and cars: 23.9 minutes average trip to work
- How long people stay: 19.7% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Palermo against Cape May County, its state and the nation
| Palermo | Cape May County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 2,696 (±464) | 94,941 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 1,280 (±193) | 99,599 (±85) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 2.1% (±2.6 points) | 19.7% (±1.5 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | — | $1,360 (±$96) | $1,720 (±$7) | $1,413 |
| Median household income | $101,005 (±$11,902) | $91,128 (±$3,274) | $103,556 (±$513) | $80,734 |
| Median home value | $395,400 (±$32,996) | $434,600 (±$9,304) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $6,665 (±$345) | $5,306 (±$135) | $9,590 (±$25) | $3,119 |
| Built before 1980 | 43.7% (±11.3 points) | 48.9% (±1.6 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 23.9 minutes (±2.6) | 22.0 minutes (±0.9) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 97.3% (±2.3 points) | 93.1% (±1.1 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 47.4 years (±12.5) | 51.8 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Palermo covers 3.1 square miles of land, about 866 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Cape May County
Palermo has no police department of its own in the FBI’s figures, so this is the figure for Cape May County as a whole.
In 2025, the police departments that report for Cape May County recorded 164 violent and 1,413 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Palermo
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 08230 | 14% | 5,700 | $1,864 | $410,200 | $115,152 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Palermo
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Marmora | 2.3 mi | $1,875 | $438,400 | 11.8% |
| Seaville | 2.4 mi | $2,069 | $461,300 | 6.8% |
| Beesleys Point | 4.1 mi | — | $339,800 | 0.0% |
| Corbin City | 4.8 mi | $1,307 | $224,400 | 13.6% |
| Ocean City | 5.2 mi | $1,683 | $840,500 | 27.3% |
| Sea Isle City | 5.8 mi | — | $1,087,300 | 7.3% |
| Woodbine Borough | 6.6 mi | $945 | $218,200 | 44.6% |
| Somers Point | 7.2 mi | $1,383 | $309,200 | 47.6% |
HUD Fair Market Rent for Palermo, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,512 | $1,521 | $1,857 | $2,431 | $2,441 |
HUD income limits for Palermo, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,350 | $40,550 | $64,900 |
| 2 people | $27,800 | $46,350 | $74,150 |
| 3 people | $31,300 | $52,150 | $83,400 |
| 4 people | $34,750 | $57,900 | $92,650 |
| 5 people | $38,680 | $62,550 | $100,100 |
| 6 people | $44,360 | $67,200 | $107,500 |
| 7 people | $50,040 | $71,800 | $114,900 |
| 8 people | $55,720 | $76,450 | $122,300 |
These are the limits HUD sets for its housing programs in the Cape May County, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $115,800.
A program can use its own limits; tax-credit and local programs often do.
Palermo is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Upper Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palermo
What is the median household income in Palermo?
The median household income in Palermo is $101,005 (±$11,902) a year (2020–2024 American Community Survey).
What is the average home value in Palermo, NJ?
The Census Bureau publishes the median: $395,400 (±$32,996) for owner-occupied homes in Palermo (2020–2024 American Community Survey).
What is the average mortgage payment in Palermo?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Palermo, NJ is $2,580 (±$283) a month, including taxes, insurance and utilities.
How much are property taxes in Palermo?
The median real estate tax paid by homeowners in Palermo, NJ is $6,665 (±$345) a year (2020–2024 American Community Survey).
How many homes are in Palermo?
Palermo, NJ has an estimated 1,280 (±193) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Palermo?
The most common size is 4 bedrooms, 33.2% of homes in Palermo, NJ.
What ZIP codes are in Palermo?
The ZIP code that covers Palermo is 08230.
What is the median rent in ZIP code 08230?
The median gross rent in ZIP Code Tabulation Area 08230 is $1,864 (±$333) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Palermo CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palermo CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Palermo CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Palermo CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Palermo CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Palermo CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palermo CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Cape May County, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Cape May County, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palermo CDP, New Jersey (place:55710, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .