Is Palisades Park Borough, NJ growing?

Palisades Park Borough, NJ had an estimated 20,290 (±27) residents in 2020–2024, against 20,604 in 2015–2019.

That is a change of −1.5%, a measurable decrease.

Its housing went from 7,781 to 7,614 homes (−2.1%), not a measurable change.

0.7% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
20,290 (±27)
Amount of change
−1.5%
Homes change
−2.1%
Built 2020 or later
0.7%

Residents and homes in Palisades Park Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents20,604 (±46)20,290 (±27)−1.5%Measurable decrease
Housing units7,781 (±290)7,614 (±406)−2.1%Not a measurable change
Households that rent63.3% (±3.6 points)64.5% (±4.2 points)+1.2 percentage pointsNot a measurable change
Median gross rent$1,520 (±$93)$2,009 (±$149)+32.2%No measurable change after inflation
Median home value$558,400 (±$26,590)$719,600 (±$61,173)+28.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Palisades Park Borough against Bergen County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Palisades Park Borough−1.5%Measurable decrease−2.1%
Bergen County+3.4%Measurable increase+3.3%
New Jersey+5.2%Measurable increase+4.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Palisades Park Borough

Housing units by year built, 2020–2024
Year builtPalisades Park BoroughBergen CountyNew JerseyUnited States
2020 or later0.7% (±0.7 points)1.4%1.1%2.0%
2010 to 20198.0% (±1.8 points)5.3%6.2%9.4%
2000 to 200921.4% (±3.5 points)6.0%9.2%13.6%

8.7% of the homes in Palisades Park Borough were built in 2010 or later.

The median age of residents is 42.9 years.

Growth in places near Palisades Park Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Palisades Park Borough—20,290−1.5%Measurable decrease
Leonia Borough1.2 mi9,336+2.8%Measurable increase
Ridgefield Park Village1.3 mi13,235+2.4%Measurable increase
Ridgefield Borough1.3 mi11,498+2.4%Measurable increase
Fort Lee Borough1.4 mi40,067+7.0%Measurable increase
Cliffside Park Borough1.8 mi25,781+2.6%Measurable increase
Fairview Borough1.8 mi15,099+5.9%Measurable increase
Little Ferry Borough2.0 mi10,996+2.0%Measurable increase
Edgewater Borough2.0 mi14,759+19.0%Measurable increase

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 Palisades Park Borough

Is Palisades Park Borough growing?

Palisades Park Borough, NJ had an estimated 20,290 residents in 2020–2024 and 20,604 in 2015–2019, a change of −1.5%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in Palisades Park Borough?

The estimated number of housing units went from 7,781 in 2015–2019 to 7,614 in 2020–2024 (−2.1%), not a measurable change.

How much new construction is there in Palisades Park Borough?

0.7% of homes in Palisades Park Borough were built in 2020 or later and 8.0% between 2010 and 2019.

Sources

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 Palisades Park borough, Bergen County, New Jersey (county subdivision:55770, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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 .

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