Palisades Park, NJ Profile: Facts, Map & Data

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Palisades Park, New Jersey - Basic Facts

The Borough of Palisades Park had a population of 20,692 as of July 1, 2016. Palisades Park ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Palisades Park is located at latitude 40.847 and longitude -73.9971 in Bergen County. The formal boundaries for the Borough of Palisades Park (see map below) encompass a land area of 1.25 sq. miles and a water area of 0.03 sq. miles. Bergen County is in the Eastern time zone (GMT -5). The elevation is 95 feet.

The Borough of Palisades Park (GNIS ID: 885338) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Palisades Park population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Palisades Park: Palisade Park.


Neighborhood Data

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Borough of Palisades Park, NJ Boundary Map



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Palisades Park, NJ Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 20,692
Population in Households 20,688
Population in Familes 16,928
Population in Group Qrtrs 4
Population Density1 16,547
Diversity Index2 72
 

HOUSEHOLDS

Total Households 7,220
Average Household Size 2.87
Family Households 5,225
Average Family Size 3

HOUSING

Total Housing Units 7,631 (100%)
Owner Occupied HU 2,425 (31.8%)
Renter Occupied HU 4,795 (62.8%)
Vacant Housing Units 411 ( 5.4%)
Median Home Value $559,285
Average Home Value $571,052
 

INCOME

Median Household Income $63,420
Average Household Income $85,211
Per Capita Income $29,740
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.85% 0.96%
Households 0.65% 0.84%
Families 0.63% 0.83%
Median Household Income   1.55%
Per Capita Income   1.48%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Palisades Park, NJ - Peer Comparisons by Rank and Percentile

The table below compares Palisades Park to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 47 92nd
Population Density1 # 12 98th
Diversity Index2 # 82 85th
Median Household Income # 369 32nd
Per Capita Income # 402 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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