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The total population of Paterson is estimated to be 157,864 with 78,130 males (49.49%) and 79,734 females (50.51%). There are 1,604 more females than males in Paterson.
The median household income in Paterson was $52,467 in 2021, which marked an an increase of 1,316(2.57%) from $51,151 in 2020. This income is 70.33% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Paterson sees its highest median household income among householders in the age group of 45 to 64 years old, at $60,048. Overall, the median household income for the city of Paterson stands at $47,373.
In Paterson, the median income for all workers aged 15 years and older, regardless of work hours, was $34,346 for males and $21,821 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,628 for males and $39,267 for females.
In Paterson, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $80,125, while Black or African American households represent the opposite end with the lowest median household income of $42,617.
In 2022, the population of Paterson was 156,661, a 0.79% decrease year-by-year from 2021. Previously, in 2021, Paterson's population was 157,905, a decline of 0.78% compared to a population of 159,153 in 2020.
The median age in Paterson, NJ is 33.1, as per 2021 ACS 5-Year Estimates. Of the total population, 23.07% were under the age of 15, 22.40% aged 15 to 29, 43.23% aged 30 to 64, 10.27% aged 65 to 84, and 1.04% were 85 years of age and older.
Racial distribution of Paterson population: 22.90% are White, 24.73% are Black or African American, 0.23% are American Indian and Alaska Native, 4.41% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 35.77% are some other race and 11.93% are multiracial.