Median Income
$93,250
household / year
Median Home Value
$671,400
owner-occupied
Median Rent
$1,897
gross / month
Cost of Living
112
national avg = 100

Is Palisades Park, NJ a Good Place to Live?

Palisades Park is a small city of 20,231 in New Jersey, with a median household income of $93,250 and a 5.8% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Palisades Park stands out for lower-than-average crime, solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes, an elevated unemployment rate. Whether Palisades Park is right for you depends on your priorities — the full breakdown is below.

All Palisades Park city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Palisades Park's overall cost of living index is 112.5, where 100 represents the US national average. Living in Palisades Park costs roughly 12% more than the average American city.

Metric Palisades Park, NJ National Avg
Median Home Value $671,400 $244,900
Median Monthly Rent $1,897 $1,163
Homeownership Rate 37.5% 65.9%
Median Household Income $93,250 $74,755

Crime & Safety

Very Safe

Palisades Park's violent crime rate is 24.4 per 100,000 residents — 94% lower than the national average of ~380 per 100,000.

Violent Crime
24.4 /100k
Property Crime
688.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Palisades Park is served primarily by Palisades Park School District. The student-to-teacher ratio is 11.8:1 (better than the national average of ~16:1).

Metric Palisades Park, NJ National Avg
School District Palisades Park School District —
Elementary Schools 2 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 11.8:1 16:1
Bachelor's Degree or Higher 54.8% 35.4%
High School Diploma or Higher 91.2% 91.1%

Weather & Climate

Palisades Park sees average highs of 39.9°F in January and 87.0°F in July, with 50.2 inches of annual precipitation and 29.8 inches of snow per year.

MetricPalisades Park, NJ
Average High — January39.9°F
Average High — July87.0°F
Annual Precipitation50.2"
Annual Snowfall29.8"

Demographics

MetricPalisades Park, NJNational Avg
Population20,231—
Median Age41.938.9
Unemployment Rate5.8%3.7%
Avg Commute Time32.7 min26 min
White (non-Hispanic)23.9%59.3%
Black or African American2.2%13.6%
Hispanic or Latino10.5%18.9%
Asian62.7%6.3%
Under 1813.4%22.2%
65 and over15.5%16.8%

Nearby Cities

Leonia, NJ 1 mi Ridgefield Park, NJ 1 mi Ridgefield, NJ 1 mi Fort Lee, NJ 1 mi Cliffside Park, NJ 2 mi

ZIP Codes in Palisades Park

Palisades Park, NJ is covered by 1 ZIP code:

07650

Palisades Park vs Other Cities

Palisades Park, NJ vs Leonia, NJ Palisades Park, NJ vs Ridgefield Park, NJ Palisades Park, NJ vs Ridgefield, NJ Palisades Park, NJ vs Fort Lee, NJ Palisades Park, NJ vs Cliffside Park, NJ

Frequently Asked Questions

Palisades Park's cost of living index is 112, where 100 is the national average. That puts Palisades Park roughly 12% above the national average in cost. The median home price is $671,400 and median rent is $1,897/month.
Palisades Park's violent crime rate is 24.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 688.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palisades Park are operated by Palisades Park School District. The district has 2 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 11.8:1. 54.8% of adults 25+ hold a bachelor's degree or higher.
Palisades Park, NJ has a population of 20,231, a median household income of $93,250, and an unemployment rate of 5.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palisades Park averages 39.9°F in January and 87.0°F in July. Annual rainfall is 50.2 inches with about 29.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Palisades Park, NJ is covered by 1 ZIP code: 07650.
The population of Palisades Park, New Jersey is 20,231 with a median age of 41.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palisades Park: cost of living index 112 (100 = US average), median home $671,400, median household income $93,250, crime index 17 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Palisades Park side by side with your current city to see the trade-offs.