HomeNew JerseyPassaic CountyPaterson city
Paterson city, New Jersey: commercial real estate data.
Paterson city 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.
78 sourced place values · tier FULL · 8 sections
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 7(a) lending to Paterson borrowers
- Approvals170
- Gross approval$77,684,800
- Average approval$456,969
- Median approval$100,000
- Ninetieth percentile approval$1,450,000
- Largest approval$5,000,000
- Jobs supported1,240
- Jobs per approval7.3
- Loans with a final outcome28
- Paid in full18
- Charged off10
- Charge-off rate over resolved loans35.7 percent
- 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Paterson
SBA 504 lending to Paterson borrowers
- 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
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Passaic County, not Paterson
Passaic County context, not Paterson figures
These are Passaic County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Paterson measurements.
- Establishments in Passaic County12,406
- Employment at those establishments, Passaic County146,956
- Covered employment, Passaic County170,830
- Average annual pay, Passaic County$63,668
- Average weekly wage, Passaic County$1,224
- Housing units permitted, Passaic County852
- Of those, single family, Passaic County209
- County product, 2024, Passaic County$29,073,802,000
- County product change over the prior year, Passaic County5.1 percent
- Average income of an arriving household, Passaic County$74,324
Every figure in this section is published for Passaic County as a whole and is not a measurement of Paterson. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $77.7 m, across 42 lenders, median approval $100,000, plus 29 504 approvals worth $32.9 m. 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?
Of the 28 loans that have reached a final outcome, 18 were paid in full and 10 charged off, a charge off rate of 35.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Paterson figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.