Is Palermo, NJ a Good Place to Live?
Palermo is a small town of 2,998 in New Jersey, with a median household income of $96,970 and a 1.6% unemployment rate.
Strengths: Palermo stands out for a well-educated population, short average commutes.
Trade-offs: Potential downsides include high home prices. Whether Palermo is right for you depends on your priorities — the full breakdown is below.
All Palermo city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Palermo metro area.
| Metric | Palermo, NJ | National Avg |
|---|---|---|
| Median Home Value | $411,700 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 95.0% | 65.9% |
| Median Household Income | $96,970 | $74,755 |
Crime & Safety
Very SafePalermo's violent crime rate is 69.5 per 100,000 residents — 82% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Palermo, NJ | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 49.7% | 35.4% |
| High School Diploma or Higher | 99.0% | 91.1% |
Weather & Climate
Palermo sees average highs of 46.0°F in January and 88.1°F in July, with 48.2 inches of annual precipitation and 22.0 inches of snow per year.
| Metric | Palermo, NJ |
|---|---|
| Average High — January | 46.0°F |
| Average High — July | 88.1°F |
| Annual Precipitation | 48.2" |
| Annual Snowfall | 22.0" |
Demographics
| Metric | Palermo, NJ | National Avg |
|---|---|---|
| Population | 2,998 | — |
| Median Age | 42.8 | 38.9 |
| Unemployment Rate | 1.6% | 3.7% |
| Avg Commute Time | 24.3 min | 26 min |
| White (non-Hispanic) | 91.6% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 4.1% | 18.9% |
| Asian | 4.3% | 6.3% |
| Under 18 | 25.1% | 22.2% |
| 65 and over | 28.7% | 16.8% |