Palisades Park, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Palisades Park, New Jersey had a total population of 20,290, the 58th largest borough in New Jersey, with a median household income of $94,743, which is 9% lower than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing affordability is a challenge — homes cost 7.6x the median household income.
Palisades Park Quick Facts
How Palisades Park Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 20,192 | 20,290 | +0.5% |
| Median household income | $101,295 | $94,743 | -6.5% |
| Median home value | $704,400 | $719,600 | +2.2% |
How Palisades Park Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Palisades Park Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Bergen County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hackensack | 46,057 | $84,277 | 12.1% | $393,700 |
| Fort Lee | 40,067 | $107,274 | 7.8% | $448,000 |
| Fair Lawn | 35,610 | $144,574 | 6.1% | $564,700 |
| Garfield | 32,783 | $79,700 | 13.4% | $475,500 |
| Englewood | 29,638 | $102,571 | 9.2% | $544,100 |
| Bergenfield | 28,450 | $130,045 | 7.1% | $491,500 |
| Paramus | 26,568 | $144,349 | 4.7% | $813,900 |
| Ridgewood | 26,308 | $208,211 | 4.2% | $891,200 |
| Lodi | 26,082 | $89,305 | 15.4% | $475,000 |
| Cliffside Park | 25,781 | $93,452 | 10.8% | $588,200 |
Cities Similar to Palisades Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Harrison | 20,369 | $93,013 | $505,800 | 50.7% | 11.8% |
| Woodbridge | 20,756 | $104,926 | $390,000 | 36.2% | 11.1% |
| Parsippany | 21,345 | $99,405 | $555,400 | 59.8% | 6.7% |
| Elmwood Park | 21,412 | $101,740 | $483,700 | 35.1% | 11.6% |
| Hawthorne | 19,628 | $110,237 | $533,700 | 47.0% | 4.0% |
Population Overview
Palisades Park is a small city located in New Jersey, within Bergen County. The total population is 20,290. It ranks as the 58th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Palisades Park is 42.9 years. This is 7% higher than the state median of 40.1 years. Only 14.6% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Palisades Park is $94,743. This is 9% lower than the state median of $103,556. It is also 17% higher than the national median of $80,734. The poverty rate stands at 9.4%. This is 3% lower than the state poverty rate of 9.7%. The unemployment rate is 5.6%. This is 11% lower than the state rate of 6.3%. The median home value is $719,600. Housing costs are 58% higher than the state median of $454,400. The home-value-to-income ratio of 7.6x suggests that housing affordability is a significant concern for many residents. 35.5% of occupied housing units are owner-occupied. This homeownership rate is 44% lower than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Palisades Park is Asian, making up 54.5% of the population. Hispanic or Latino residents account for 22.3%. The White (non-Hispanic) population (19.2%) is well below the state average of 50.9%. The Black or African American population (2.6%) is well below the state average of 12.2%. The Asian population is significantly higher than the state average (54.5% vs 10.1%).
Education
51.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.2%.
Data Sources & Methodology
All demographic data for Palisades Park, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palisades Park, New Jersey?
Palisades Park, New Jersey has a population of 20,290 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palisades Park, NJ?
The median household income in Palisades Park is $94,743, which is 17% higher than the national median of $80,734.
What is the poverty rate in Palisades Park, NJ?
The poverty rate in Palisades Park is 9.4%. This means approximately 1,908 residents live below the federal poverty line.
What is the racial makeup of Palisades Park, New Jersey?
Palisades Park's population is 19.2% White, 2.6% Black, 22.3% Hispanic/Latino, and 54.5% Asian.
What is the median home value in Palisades Park, NJ?
The median home value in Palisades Park is $719,600. The home-value-to-income ratio is 7.6x.
How educated is Palisades Park, New Jersey?
51.0% of adults (25+) in Palisades Park hold a bachelor's degree or higher, and 12.9% hold a graduate or professional degree.