HomeNew JerseyPassaic CountyPaterson
Paterson, New Jersey: commercial real estate data.
Paterson is a Census city of 158,735 people across 8.41 square miles of land, in Passaic County. Median household income is $55,997, 26.9 percent of occupied homes are owned, and the SBA record carries 170 7(a) approvals to borrowers here worth $77.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Paterson
What Paterson is
- Census place typecity
- Land area8.41 sq mi
- Water area0.29 sq mi
- Population per square mile of land18,867
- County holding the largest share of its areaPassaic County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paterson
How many people live in Paterson
- Population158,735
- Median age33.3
- Population under 1843,898
- Share under 1827.7 percent
- Population 65 and over19,287
- Share 65 and over12.2 percent
- Households49,865
- Family households36,490
- Share of households that are families73.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paterson
Income and work in Paterson
- Median household income$55,997
- Per capita income$24,403
- Civilian labor force76,171
- Employed67,993
- Unemployed8,178
- Unemployment rate10.7 percent
- Adults 25 and over99,100
- Adults 25 and over with a high school diploma or higher74.2 percent
- Adults 25 and over with a bachelor degree or higher11.8 percent
- Adults 25 and over with a graduate degree3.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paterson
Housing in Paterson
- Housing units52,519
- Occupied units49,865
- Vacant units2,654
- Vacancy rate5.1 percent
- Owner occupied13,424
- Renter occupied36,441
- Ownership rate26.9 percent
- Median owner-occupied home value$360,100
- Median gross rent, monthly$1,548
- Annual rent as a share of median income33.2 percent
- Single family units10,544
- Share single family20.1 percent
- Units in buildings of two or more41,931
- Share in buildings of two or more79.8 percent
- Mobile homes44 plus or minus 58
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paterson
How Paterson gets to work
- Workers 16 and over who commute62,633
- Commuting under 15 minutes18,572
- Share commuting under 15 minutes29.7 percent
- Commuting 30 minutes or more16,347
- Share commuting 30 minutes or more26.1 percent
- Drove alone61.3 percent
- Carpooled17.9 percent
- Public transport7.4 percent
- Walked6.0 percent
- Worked from home5.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Paterson
SBA loans in Paterson (7(a))
- Approvals170
- Gross approval$77,684,800
- Average approval$456,969
- Median approval$100,000
- Ninetieth percentile approval$1,377,100
- Largest approval$5,000,000
- Jobs supported1,240
- Jobs per approval7.3
- Loans with a final outcome28
- Paid in full18
- Charged off10
- Median term120 months
- Share on real estate terms of 20 years or more15.9 percent
- Share to franchises0.6 percent
- Distinct lenders42
- Distinct industries by NAICS97
Counted by borrower city: approvals to borrowers whose address is in Paterson, in any county, FY2020 to FY2026. Only 28 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Paterson
SBA loans in Paterson (504)
- Approvals29
- Gross approval$32,870,000
- Average approval$1,133,448
- Median approval$957,000
- Largest approval$4,092,000
- Jobs supported416
- Loans with a final outcome10
- Charged off0
- Median term240 months
- Distinct CDCs5
Counted by borrower city: approvals to borrowers whose address is in Paterson, in any county, FY2010 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Paterson
Flood risk in Paterson
- NFIP communityCity of Paterson
- NFIP community number340404
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/17/20
The City of Paterson participates in the National Flood Insurance Program as community 340404 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Passaic County, not Paterson
Passaic County context, not Paterson figures
- Establishments in Passaic County12,406
- Covered employment, Passaic County170,830
- Average annual pay, Passaic County$63,668
- Housing units permitted, Passaic County852
Every figure in this section is published for Passaic County as a whole and is not a measurement of Paterson.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Paterson questions, answered from the record.
How many people live in Paterson, New Jersey?
158,735, in 49,865 households. Paterson city covers 8.41 square miles of land, which is 18,867 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Paterson in?
Passaic County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Paterson?
$55,997. The median owner-occupied home is valued at $360,100. Median gross rent is $1,548 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Paterson businesses?
170 7(a) approvals totaling $77.7 m since FY2020, across 42 lenders, median approval $100,000, plus 29 504 approvals worth $32.9 m since FY2010. These count approvals to borrowers whose address is in Paterson, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Paterson borrowers get paid back?
No rate is published for Paterson. Only 28 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Paterson in the National Flood Insurance Program?
Yes. Paterson appears in the FEMA Community Status Book as Paterson, city of, community 340404, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Paterson figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Passaic County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Paterson.
Is zoning published for Paterson?
No. Nothing on this page presents parcel level zoning.