Also See Paramus, NJ: ZIP Codes & Maps
The Borough of Paramus had a population of 26,455 as of July 1, 2023.
The primary coordinate point for Paramus is located at latitude 40.9445 and longitude -74.0754 in Bergen County. The formal boundaries for the Borough of Paramus encompass a land area of 10.47 sq. miles and a water area of 0.05 sq. miles. Bergen County is in the Eastern time zone (GMT -5).
The Borough of Paramus 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.
|Total Population||26,455 (100%)|
|Population in Households||25,287 (95.6%)|
|Population in Families||23,121 (87.4%)|
|Population in Group Quarters1||1,168 ( 4.4%)|
|Median Household Income||$131,621|
|Average Household Income||$179,319|
|% of Income for Mortgage4||31%|
|Per Capita Income||$57,000|
|Socioeconomic Status Index6||Moderate (60.4)|
|Total HU (Housing Units)||8,708 (100%)|
|Owner Occupied HU||7,364 (84.6%)|
|Renter Occupied HU||1,036 (11.9%)|
|Vacant Housing Units||308 ( 3.5%)|
|Median Home Value||$672,937|
|Average Home Value||$730,941|
|Housing Affordability Index3||73|
|Average Household Size||3.01|
|Average Family Size||3.00|
GROWTH RATE / YEAR
|Median Household Income||2.67%|
|Per Capita Income||2.65%|
|Owner Occupied HU||-0.06%|
The table below compares Paramus to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 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.
|Total Population||# 38||95th|
|Population Density||# 306||56th|
|Median Household Income||# 149||79th|
|Housing Affordability Index||# 228||33rd|
|Per Capita Income||# 283||60th|
|Diversity Index||# 205||71st|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.