Are you ready to embark on a new adventure?
Well, pack your bags because moving to Paterson, NJ is the next big step for you! With its vibrant and diverse community, rich history, and a plethora of attractions, Paterson is the perfect place to call home.
You’ll be surrounded by the largest Turkish-American and second-largest Arab-American communities in the US, making for a unique cultural experience.
So, get ready to explore the Great Falls of the Passaic River, indulge in delicious cuisine, and discover the best neighborhoods to live in.
Paterson is waiting for you!
Key Takeaways
- Paterson is a New York City suburb with a population of 145,710 people.
- Paterson is emerging as a popular area for real estate investment, with lower costs compared to other cities in the area.
- Paterson has a diverse population and is known for its rich history, including its role in silk manufacturing in the 19th century.
- The cost of living in Paterson is higher than the national average, particularly in terms of housing and utilities.
Population and Demographics
If you’re considering moving to Paterson, NJ, you should know that it is located in Passaic County and has a population of 159,732 residents, making it the largest city in the county. Paterson is a diverse city, with a melting pot of cultures and ethnicities. It is home to the largest Turkish-American and second-largest Arab-American communities in the US. The racial and ethnic makeup of Paterson includes White, Black, Asian, Latino/Hispanic, and mixed races.
The city has seen a 9.3% population growth since 2010, indicating its appeal to new residents. As a result, Paterson offers a cosmopolitan atmosphere with a diverse population.
Furthermore, Paterson is a suburb of New York City, making it an attractive location for those who work in the city but prefer a more affordable cost of living. While the cost of living in Paterson is 17% higher than the national average, it is lower compared to other cities in the area, including New York. The median home price in Paterson is $415,000, which is 30% higher than the national average. However, the city offers a range of neighborhoods, each with its own unique charm and housing options.
Overall, Paterson’s population and demographics reflect its cosmopolitan nature and diverse community. If you’re considering moving to Paterson, you can expect to be part of a vibrant and multicultural city.
Cost of Living
The cost of living in Paterson, NJ is 17% higher than the national average. This means that you can expect to pay more for everyday expenses compared to other parts of the country. Housing costs, in particular, are 37% higher than the national average, making it more challenging to find affordable housing in the area. Utility costs are also 8% higher, which can add to your monthly expenses. Transportation costs are another factor to consider, as they are 8% higher than the national average as well.
Despite the higher cost of living, Paterson still offers some advantages. Compared to nearby cities like New York, the cost of living in Paterson is lower. This can make it a more affordable option for those who want to live in the area but don’t want to pay the high prices associated with larger cities. Additionally, Paterson has a diverse range of neighborhoods and housing options, allowing you to find a place that fits your budget and preferences.
While the cost of living may be higher in Paterson, it’s important to weigh the benefits and opportunities the city has to offer.
Economy and business
Paterson’s economy is experiencing growth and businesses in the area are thriving. Here are four reasons why the economy in Paterson, NJ is flourishing:
- Urban Enterprise Zone Program: The Urban Enterprise Zone Program has been instrumental in revitalizing the city by encouraging businesses to invest and create private-sector jobs. This program has stimulated growth and attracted new businesses to the area.
- Diverse Range of Businesses: Paterson boasts a diverse range of businesses, including small businesses, florists, pharmacies, and more. This variety provides entrepreneurs with opportunities to start businesses in various industries and contribute to the economic growth of the city.
- Supportive Business Environment: Paterson offers a simple and affordable process for obtaining business licenses and permits. This streamlined approach makes it easier for entrepreneurs to establish their businesses in the area and contribute to the local economy.
- Networking Opportunities: TAPinto and the Passaic County Business Directory provide directories of local businesses in Paterson. These resources offer entrepreneurs the chance to connect and network with other businesses in the area, fostering collaboration and growth.
Overall, Paterson’s thriving economy is attracting new businesses, providing opportunities for entrepreneurs, and creating a vibrant business environment in the city.
Crime rate
Paterson’s crime rate is higher than the national average, with property crimes accounting for the majority of offenses reported. In 2019, there were 4,351 crimes reported in Paterson, New Jersey, resulting in an annual crime rate of 3,004 incidents per 100,000 people. This crime rate is adjusted for population and serves as the most recent year for crime data availability. When compared to other cities in the United States, Paterson has a higher overall crime rate. The national total crime rate is 2,489 incidents per 100,000 people, while Paterson’s overall crime rate is 95% higher than New Jersey’s overall crime rate.
The types of crimes reported in Paterson include both property crimes and violent crimes. Property crimes, such as larceny, burglary, and motor vehicle theft, account for 72% of all offenses in Paterson. This prevalence of property crimes in Paterson is slightly higher than the national average. In 2019, there were 3,132 property crimes reported in Paterson, resulting in a property crime rate of 2,162 incidents per 100,000 residents.
On the other hand, violent crimes, including aggravated assault, robbery, rape, and murder, make up 28% of all reported crime in Paterson. The violent crime rate in Paterson is well above the national average. In 2019, there were 1,219 violent crimes reported in Paterson.
It is important to be aware of Paterson’s crime rate when considering a move to the city. Taking precautions and being mindful of your surroundings can help ensure your safety and the safety of your property.
Education
If you’re considering relocating to Paterson, NJ, you’ll want to be aware of the education system in the city. Paterson’s public schools have an average math proficiency score of 7% and a reading proficiency score of 27%. These scores are significantly lower than the statewide averages in New Jersey. The schools in Paterson have an average ranking of 1 out of 10, placing them in the bottom 50% of public schools in the state.
However, there are some top-rated public schools in Paterson, such as School 28, School Of Earth And Space Science, and Rosa L. Parks School Of Fine And Performing Arts.
If you have children, it’s important to research and consider the available educational options in Paterson. The city’s public school district consists of 50 schools, including 35 elementary schools and 13 high schools. Additionally, there are several universities near Paterson, such as Passaic County Community College, William Paterson University, and Montclair State University. These institutions offer a range of educational opportunities for students of all ages.
Healthcare Facilities
Now that you’ve learned about the education system in Paterson, let’s explore the healthcare facilities in the city.
When it comes to healthcare, Paterson offers several options to cater to the needs of its residents. St. Joseph’s University Medical Center is one of the prominent medical facilities in Paterson. It is rated high performing in one adult specialty and six procedures and conditions, making it a reliable choice for medical care. Moreover, there are other healthcare services available, such as Excellent Home Health Care, which provides home-based care for those in need.
In terms of the overall healthcare rank, St. Joseph’s University Medical Center is recognized as a general medical and surgical facility, ensuring quality care for the community. Additionally, according to US News Health, 15 hospitals in New Jersey meet high U.S. News standards and are ranked in the state.
Paterson is home to a total of five hospitals, providing a range of medical services to its residents. These hospitals include St. Joseph’s University Medical Center, St. Joseph’s Health, St. Joseph’s Health Outpatient Clinics, and more.
With a variety of healthcare options available, you can rest assured that you will have access to quality medical care in Paterson.
Housing Market
Looking to buy or rent a home in Paterson, NJ? The housing market in the city offers a range of options to suit your needs and budget. Whether you’re looking for a spacious house or a cozy apartment, Paterson has something for everyone.
Here are four key points about the housing market in Paterson:
- Affordable options: Paterson has a variety of affordable neighborhoods where you can find homes at reasonable prices. Northside Paterson, Totowa, Hillcrest, Eastside Park, and Stoney Road are some of the neighborhoods known for their affordability.
- Expensive neighborhoods: On the other hand, if you’re looking for a more upscale living experience, Paterson also has several expensive neighborhoods to choose from. Hillcrest, Eastside, Garrett Heights, Lakeview, and Riverside are among the most sought-after areas in the city.
- Variety of housing types: Paterson offers a diverse range of housing options, including single-family homes, townhouses, apartments, and condos. Whatever your preferences may be, you can find a property that suits your lifestyle.
- Affordable housing market: Paterson’s housing market is considered affordable compared to other cities in the area, including nearby New York City. The median home value in Paterson is $334,950, which is 12% lower than the national average. This makes it a great choice for those looking to invest in real estate or find a place to call home.
With its range of options and affordability, the housing market in Paterson is worth exploring if you’re considering a move to the area.
Job Market and Employment Opportunities
The job market in Paterson, NJ offers a range of employment opportunities for job seekers. Whether you’re looking for a career in healthcare, retail, or food services, there are options available in Paterson. According to Data USA, the primary industries for residents of Paterson include Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services. In terms of job demand, positions such as Customer Service Representative, Warehouse Associate, and Sales Associate are in high demand, as reported by Glassdoor and Zippia. Additionally, the most common job in Paterson is a cashier, followed by administrative assistant, sales associate, and customer service representative. If you’re looking for a high-paying job, ZipRecruiter lists various opportunities in the Paterson area that can pay up to $185,621 per year. Some of the top employers in Paterson include the City of Paterson, PCSST, and Brownstone Investment Group. Check out the table below for a quick overview of the job market in Paterson.
| Industries | Demand | Common Jobs | Top Employers |
|---|---|---|---|
| Health Care & Social Assistance | Customer Service Representative | Cashier | City of Paterson |
| Retail Trade | Warehouse Associate | Administrative Assistant | PCSST |
| Accommodation & Food Services | Sales Associate | Sales Associate | Brownstone Investment Group |
| Customer Service Representative | Catholic Family & Community Services |
Public Transportation Options
There are several transportation options available in Paterson, NJ, including buses, shuttles, taxis, and cars. Here are four ways you can get around the city:
- Buses: NJ TRANSIT operates a bus system in Paterson, providing convenient and reliable transportation. You can plan your trip using their website or check the Yellow Pages for more information.
- Shuttles: Some hotels and venues in Paterson offer shuttle services for their guests or event attendees. These shuttles can take you to popular destinations within the city.
- Taxis: Taxis are readily available in Paterson, allowing you to travel quickly and conveniently. You can hail a taxi on the street or call a local taxi company for pick-up.
- Cars: If you prefer the flexibility and convenience of driving, you can rent a car or use your own vehicle to get around Paterson. The city is conveniently located near major highways like I-80 and I-95, making it easy to navigate.
Whether you choose to take a bus, shuttle, taxi, or drive your own car, you’ll have various transportation options to explore Paterson, NJ.
Tax Rates
If you’re considering buying a property in Paterson, NJ, you should be aware that the property tax rate is 0.92%. This means that if you own a property worth $100,000, you will pay $920 in property taxes each year. It’s important to factor in this cost when budgeting for your new home.
While the property tax rate in Paterson may seem high, it’s important to consider the overall cost of living in the area. Paterson offers lower costs compared to other cities in the area, including New York. Additionally, the city is emerging as a popular area for real estate investment, with two of its ZIP codes among North Jersey’s fastest-appreciating real estate markets.
Paterson’s rich history, diverse population, and abundance of attractions make it an attractive place to live. However, it’s also important to note that the city does have a higher crime rate compared to the national average.
Overall, if you’re willing to weigh the pros and cons, Paterson could be a great place to call home.
Pros and Cons of Living in
One of the pros of living in Paterson, NJ is the lower cost of living compared to other cities in the area. Here are four reasons why this is advantageous:
- Affordable Housing: Paterson offers more affordable housing options compared to neighboring cities like New York City. Despite the higher housing costs than the national average, it is still more affordable than other major cities in the region.
- Lower Utility Costs: While utility costs in Paterson are slightly higher than the national average, they are still lower compared to cities like New York City. This means you can save on your monthly utility bills and have more disposable income.
- Transportation Savings: Paterson’s transportation costs are also lower than the national average. This means you can save on commuting expenses, whether you’re using public transportation or driving your own car.
- Overall Cost of Living: With a cost of living index of 113, which is 13% higher than the U.S. average, Paterson still offers a more affordable lifestyle compared to neighboring cities. This means you can enjoy a lower cost of living without sacrificing access to amenities and opportunities.
Living in Paterson, NJ can provide you with financial advantages and a more affordable lifestyle compared to other cities in the area.
Things to Do
You can explore various attractions, such as the Paterson Great Falls National Historical Park and the Paterson Museum, in Paterson, NJ. Paterson offers a range of activities for you to enjoy during your time in the city. Whether you’re interested in history, art, outdoor recreation, or shopping, there’s something for everyone. Check out the table below for some of the top attractions in Paterson:
| Category | Attractions |
|---|---|
| Historical | Paterson Great Falls National Historical Park |
| Paterson Museum | |
| Lambert Castle | |
| Passaic County Court House | |
| Outdoor Recreation | Saddle River County Park |
| Eastside Park | |
| Garret Mountain Reservation | |
| Entertainment | Ice Vault Arena |
| Fabian 8 Cinema | |
| Pauls Bar and Bowling | |
| Cultural Enclaves | Little Lima |
| Shopping | Westfield Garden State Plaza |
| Center City Mall | |
| Dining | Bonfire Mofongo House |
| Al-Basha Restaurant |
From the stunning Paterson Great Falls to the fascinating exhibits at the Paterson Museum, there is plenty to see and do in Paterson. Whether you’re interested in history, nature, or cultural experiences, Paterson has something to offer. Don’t forget to explore the local dining scene, where you can indulge in a variety of cuisines. And if you’re looking for some retail therapy, head over to Westfield Garden State Plaza or Center City Mall for a shopping spree.
Bars and Restaurants in the Area
There are numerous bars and restaurants in the area where you can enjoy a variety of cuisines and drinks. Whether you’re craving Italian, Mexican, Turkish, or Middle Eastern food, Paterson has it all. Here are four top options to consider:
- Amore Ristorante: This cozy and intimate Italian restaurant offers delicious dishes made with fresh ingredients. From homemade pasta to flavorful sauces, you’re sure to find something to satisfy your cravings.
- La Hacienda: If you’re in the mood for vibrant Mexican cuisine, La Hacienda is the place to go. Their flavorful dishes and lively atmosphere will transport you to Mexico.
- Toros: Experience the taste of Turkey at Toros, a Turkish restaurant that serves traditional dishes bursting with flavor. From kebabs to baklava, you won’t be disappointed.
- Al-Mazaq Restaurant & Bakery: For a taste of Middle Eastern cuisine, head to Al-Mazaq. Their flavorful kebabs and fresh baked goods are sure to delight your taste buds.
These are just a few of the many options available in Paterson. So whether you’re looking for a casual dining experience or a night out on the town, you’ll find plenty of bars and restaurants to choose from. Cheers to exploring the culinary delights of Paterson!
Best Neighborhoods to Live in
Consider exploring the diverse neighborhoods of Paterson to find the best place to live that suits your preferences and needs. Paterson is divided into six wards, each with its own unique neighborhoods.
One notable neighborhood is the Eastside Park Historic District, which offers a variety of architectural styles and is a registered historic place. If you’re looking for a middle-class neighborhood, Lakeview is located in the southern part of Paterson and might be the perfect fit. Another option is Hillcrest, a desirable residential neighborhood with a mix of upper and middle-class homes.
Each neighborhood in Paterson has its own charm and character, so take the time to explore and find the one that resonates with you. Whether you prefer historic homes, a family-friendly environment, or a vibrant community, there is a neighborhood in Paterson that will meet your needs.
It’s important to consider factors such as safety, proximity to amenities, and the overall atmosphere of the neighborhood. By doing your research and visiting in person, you can make an informed decision and find the perfect place to call home in Paterson.
Conclusion
So, if you’re considering moving to Paterson, NJ, you’ll find a diverse and vibrant city with a rich history and plenty to offer.
Although the cost of living is higher than the national average, it’s still more affordable than neighboring cities.
With an emerging job market and a range of attractions, Paterson is a great place to invest in real estate.
Keep in mind the higher crime rates, but don’t let that discourage you.
Paterson is like a diamond in the rough, waiting to be discovered and polished to shine brightly.