Housing data for Paramus Borough, NJ

Paramus Borough, NJ has an estimated 26,568 residents and 8,813 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a borough in Bergen County.

17.4% of households rent.

The median gross rent is $3,032 a month.

Its population grew measurably since 2015–2019 (+0.2%).

Figures last updated on .

Residents
26,568 (±34)
Housing units
8,813 (±352)
Households that rent
17.4%
Median gross rent
$3,032
Residents since 2015–2019
+0.2%

What stands out in Paramus Borough

Median gross rent: $3,032 (±$340) in Paramus Borough, higher than in Bergen County ($1,914).

Homes in buildings of 5 or more units: 5.0% (±2.0 points) in Paramus Borough, lower than in Bergen County (22.4%).

Households that rent: 17.4% (±3.5 points) in Paramus Borough, lower than in Bergen County (34.7%).

Median home value: $813,900 (±$22,884) in Paramus Borough, higher than in Bergen County ($623,000).

Housing in Paramus Borough at a glance

Paramus Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Paramus BoroughBergen CountyNew JerseyUnited States
Residents26,568 (±34)962,316 (exact)9,343,809 (exact)334,922,499
Housing units8,813 (±352)369,613 (±176)3,791,354 (±469)143,775,355
Households that rent17.4% (±3.5 points)34.7% (±0.7 points)36.2% (±0.2 points)34.8%
Median gross rent$3,032 (±$340)$1,914 (±$21)$1,720 (±$7)$1,413
Median household income$144,349 (±$16,221)$124,884 (±$1,735)$103,556 (±$513)$80,734
Median home value$813,900 (±$22,884)$623,000 (±$4,306)$454,400 (±$1,150)$332,700
Median real estate taxes (a year)$10,000 or more$10,000 or more$9,590 (±$25)$3,119
Built before 198071.8% (±7.0 points)73.8% (±1.1 points)62.8% (±0.3 points)49.7%
Average commute30.8 minutes (±1.6)31.2 minutes (±0.4)30.5 minutes (±0.1)26.4 minutes
Households with broadband96.3% (±2.7 points)94.8% (±0.3 points)92.8% (±0.1 points)91.0%
Median age of residents49.1 years (±2.8)42.0 years (±0.2)40.1 years (±0.1)38.9 years

Paramus Borough covers 10.4 square miles of land, about 2,544 residents per square mile (Census Bureau Gazetteer).

How Paramus Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents26,503 (±41)26,568 (±34)+0.2%Measurable increase
Housing units8,766 (±248)8,813 (±352)+0.5%Not a measurable change
Median gross rent$2,011 (±$394)$3,032 (±$340)+50.8%No measurable change after inflation
Median home value$600,200 (±$15,048)$813,900 (±$22,884)+35.6%Up after inflation
Median household income$128,306 (±$7,721)$144,349 (±$16,221)+12.5%No measurable change after inflation
Median owner cost with a mortgage$3,101 (±$149)$3,794 (±$105)+22.3%No measurable change after inflation
Households that rent14.1% (±2.5 points)17.4% (±3.5 points)+3.3 percentage pointsNot a measurable change
Rental vacancy rate7.5% (±6.5 points)0.5% (±0.9 points)−7.0 percentage pointsMeasurable decrease

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.

Crime reported to police in Paramus Borough

In 2025, the Paramus Police Department reported 34 violent and 3,903 property crimes per 100,000 residents to the FBI.

ZIP codes in Paramus Borough

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
07652100%26,568$3,032$813,900$144,349

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 Paramus Borough

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Oradell Borough2.1 mi$2,305$737,8009.3%
River Edge Borough2.2 mi$1,879$660,30023.8%
Fair Lawn Borough2.6 mi$1,917$564,70021.9%
New Milford Borough2.8 mi$1,765$580,40038.6%
Washington Township (Bergen County)2.8 mi$2,357$664,0003.0%
Rochelle Park Township2.8 mi$1,819$498,50022.6%
Glen Rock Borough3.0 mi$1,930$856,9009.8%
Maywood Borough3.1 mi$1,854$533,50030.9%

Places in New Jersey most like Paramus Borough

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Bedminster$2,795$742,200$128,59427.7%
Brielle Borough$2,726$849,100$172,2509.5%
Closter Borough$2,721$871,300$190,46918.5%
Watchung Borough$2,738$882,500$173,67215.9%
Roseland Borough$3,297$665,700$164,45817.7%
Bridgewater Center$2,662$703,700$205,59511.0%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.

HUD Fair Market Rent for Paramus Borough, fiscal year 2027

Bergen-Passaic, NJ HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,772$1,987$2,282$2,771$3,497

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Paramus Borough, fiscal year 2026

Bergen-Passaic, NJ HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$29,250$48,700$75,900
2 people$33,400$55,650$86,750
3 people$37,600$62,600$97,600
4 people$41,750$69,550$108,400
5 people$45,100$75,150$117,100
6 people$48,450$80,700$125,750
7 people$51,800$86,250$134,450
8 people$55,720$91,850$143,100

These are the limits HUD sets for its housing programs in the Bergen-Passaic, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $139,100.

A program can use its own limits; tax-credit and local programs often do.

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 Paramus Borough

What is the average rent in Paramus Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Paramus Borough is $3,032 (±$340) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

Are renters in Paramus Borough rent-burdened?

57.7% of renting households in Paramus Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Paramus Borough?

Paramus Borough has an estimated 1,472 (±301) renting households, 17.4% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Paramus Borough?

The median household income in Paramus Borough is $144,349 (±$16,221) a year (2020–2024 American Community Survey).

What is the average home value in Paramus Borough, NJ?

The Census Bureau publishes the median: $813,900 (±$22,884) for owner-occupied homes in Paramus Borough (2020–2024 American Community Survey).

What is the average mortgage payment in Paramus Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Paramus Borough, NJ is $3,794 (±$105) a month, including taxes, insurance and utilities.

Is Paramus Borough growing?

In Paramus Borough, the number of residents went from 26,503 in 2015–2019 to 26,568 in 2020–2024 (+0.2%), a measurable increase.

What ZIP codes are in Paramus Borough?

The ZIP code that covers Paramus Borough is 07652.

What is the median rent in ZIP code 07652?

The median gross rent in ZIP Code Tabulation Area 07652 is $3,032 (±$340) a month (2020–2024 American Community Survey).

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 Paramus borough, Bergen County, New Jersey (county subdivision:55950, 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, B25064_001E, B25064_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_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 .

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