What percentage of people rent in Palisades Park Borough, NJ?

Name: Renters and owners in Palisades Park Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

64.5% (±4.2 points) of the occupied homes in Palisades Park Borough, NJ are rented (2020–2024 American Community Survey).

That is 4,820 renting households against 2,652 that own their home.

In Palisades Park Borough, the share of households that rent went from 63.3% in 2015–2019 to 64.5% in 2020–2024 (+1.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 64.5% (±4.2 points)
Renting households: 4,820 (±399)
Median renter income: $76,944 (±$10,494)

Who rents and who owns in Palisades Park Borough

Tenure, estimate (90% margin of error)
	Palisades Park Borough	Bergen County	New Jersey	United States
Renter-occupied share	64.5% (±4.2 points)	34.7% (±0.7 points)	36.2% (±0.2 points)	34.8%
Renting households	4,820 (±399)	123,102 (±2,634)	1,268,573 (±8,082)	45,017,354
Owning households	2,652 (±336)	232,025 (±2,535)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.7 (±0.2)	2.3 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.9 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$76,944 (±$10,494)	$74,953 (±$1,923)	$62,674 (±$718)	$52,966
Median owner household income	$131,719 (±$16,498)	$160,914 (±$2,251)	$133,477 (±$624)	$100,009

In Palisades Park Borough, the renter share is higher than in Bergen County (34.7%).

It is also higher than in New Jersey (36.2%).

It is higher than the national figure (34.8%).

In Bergen County, Palisades Park Borough ranks 4 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 31 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Palisades Park Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	63.3% (±3.6 points)	64.5% (±4.2 points)	+1.2 percentage points	Not a measurable change
Median gross rent	$1,520 (±$93)	$2,009 (±$149)	+32.2%	No measurable change after inflation
Median household income	$68,245 (±$6,572)	$94,743 (±$9,430)	+38.8%	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.

Households that rent in places near Palisades Park Borough

Nearest places with a published estimate, compared with Palisades Park Borough
Place	Distance	Households that rent	Compared with this place
Palisades Park Borough	—	64.5% (±4.2 points)	—
Leonia Borough	1.2 mi	30.1% (±4.6 points)	Lower
Ridgefield Park Village	1.3 mi	39.9% (±5.1 points)	Lower
Ridgefield Borough	1.3 mi	48.6% (±6.3 points)	Lower
Fort Lee Borough	1.4 mi	44.6% (±2.8 points)	Lower
Cliffside Park Borough	1.8 mi	48.6% (±4.7 points)	Lower
Fairview Borough	1.8 mi	66.8% (±6.1 points)	Not measurably different
Little Ferry Borough	2.0 mi	54.3% (±6.7 points)	Lower
Edgewater Borough	2.0 mi	60.2% (±5.5 points)	Not measurably different

Nearby places with a measurably lower figure: Leonia Borough, NJ (30.1%), Ridgefield Park Village, NJ (39.9%), Ridgefield Borough, NJ (48.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Bergen County, place by place

Rank	Place	Households that rent
1	Teterboro Borough	100.0% (±55.9 points)
2	Fairview Borough	66.8% (±6.1 points)
3	East Rutherford Borough	64.6% (±7.0 points)
4	Palisades Park Borough	64.5% (±4.2 points)
5	Hackensack	63.4% (±2.7 points)
6	Wallington Borough	62.5% (±5.9 points)
7	Edgewater Borough	60.2% (±5.5 points)
8	Lodi Borough	57.6% (±4.5 points)
9	North Arlington Borough	55.6% (±5.5 points)
10	Garfield	55.3% (±3.9 points)

Showing 10 of 70 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Palisades Park Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Palisades Park Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Palisades Park Borough beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Palisades Park Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Palisades Park Borough

How many renters are there in Palisades Park Borough?

Palisades Park Borough has an estimated 4,820 (±399) renting households, 64.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palisades Park Borough?

In Palisades Park Borough, the share of households that rent went from 63.3% in 2015–2019 to 64.5% in 2020–2024 (+1.2 percentage points), not a measurable change.

How big are renting households in Palisades Park Borough?

A renting household in Palisades Park Borough has 2.7 people on average, against 2.7 in an owned home.

How much do renters earn in Palisades Park Borough?

The median renting household in Palisades Park Borough, NJ has an income of $76,944 (±$10,494) a year, against $131,719 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.