What percentage of people rent in Paterson, NJ?
73.1% (±1.6 points) of the occupied homes in Paterson, NJ are rented (2020–2024 American Community Survey).
That is 36,441 renting households against 13,424 that own their home.
In Paterson, the share of households that rent went from 73.9% in 2015–2019 to 73.1% in 2020–2024 (−0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 73.1% (±1.6 points)
- Renting households
- 36,441 (±1,048)
- Median renter income
- $45,802 (±$3,051)
Who rents and who owns in Paterson
| Paterson | Passaic County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 73.1% (±1.6 points) | 46.9% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 36,441 (±1,048) | 83,966 (±1,532) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 13,424 (±836) | 94,970 (±1,482) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.0 (±0.1) | 2.8 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.5 (±0.1) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $45,802 (±$3,051) | $51,907 (±$1,513) | $62,674 (±$718) | $52,966 |
| Median owner household income | $96,456 (±$4,621) | $129,820 (±$3,218) | $133,477 (±$624) | $100,009 |
In Paterson, the renter share is higher than in Passaic County (46.9%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Passaic County, Paterson ranks 2 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 12 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Paterson has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 73.9% (±1.3 points) | 73.1% (±1.6 points) | −0.8 percentage points | Not a measurable change |
| Median gross rent | $1,193 (±$15) | $1,548 (±$25) | +29.8% | Up after inflation |
| Median household income | $41,360 (±$1,672) | $55,997 (±$3,427) | +35.4% | Up 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 Paterson
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Paterson | — | 73.1% (±1.6 points) | — |
| Prospect Park Borough | 1.9 mi | 58.0% (±10.7 points) | Lower |
| Haledon Borough | 2.1 mi | 52.4% (±8.9 points) | Lower |
| Elmwood Park Borough | 2.4 mi | 42.5% (±4.9 points) | Lower |
| Woodland Park Borough | 2.4 mi | 37.0% (±5.9 points) | Lower |
| Fair Lawn Borough | 2.8 mi | 21.9% (±2.9 points) | Lower |
| Hawthorne Borough | 2.9 mi | 30.9% (±4.0 points) | Lower |
| Totowa Borough | 3.1 mi | 26.4% (±8.1 points) | Lower |
| North Haledon Borough | 3.6 mi | 6.3% (±3.2 points) | Lower |
Nearby places with a measurably lower figure: Prospect Park Borough, NJ (58.0%), Haledon Borough, NJ (52.4%), Elmwood Park Borough, NJ (42.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Passaic County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Passaic | 76.2% (±1.9 points) |
| 2 | Paterson | 73.1% (±1.6 points) |
| 3 | Prospect Park Borough | 58.0% (±10.7 points) |
| 4 | Haledon Borough | 52.4% (±8.9 points) |
| 5 | Clifton | 40.4% (±1.9 points) |
| 6 | Woodland Park Borough | 37.0% (±5.9 points) |
| 7 | Hawthorne Borough | 30.9% (±4.0 points) |
| 8 (tie) | Bloomingdale Borough | 28.8% (±7.1 points) |
Showing 8 of 16 places in Passaic 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 Paterson
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Questions about Paterson
How many renters are there in Paterson?
Paterson has an estimated 36,441 (±1,048) renting households, 73.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Paterson?
In Paterson, the share of households that rent went from 73.9% in 2015–2019 to 73.1% in 2020–2024 (−0.8 percentage points), not a measurable change.
How big are renting households in Paterson?
A renting household in Paterson has 3.0 people on average, against 3.5 in an owned home.
How much do renters earn in Paterson?
The median renting household in Paterson, NJ has an income of $45,802 (±$3,051) a year, against $96,456 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paterson city, Passaic County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Paterson city, Passaic County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Paterson city, Passaic County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Paterson city, Passaic County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Paterson city, Passaic County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Paterson city, Passaic County, New Jersey (county subdivision:57000, in state:34 county:031).
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.
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.
Figures last updated on .
Related
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- Fair Market Rent in Paterson
- Local landlord and tenant rules in Paterson
- New Jersey landlord and tenant rules
- Housing across Passaic County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey