Median Income
$136,824
household / year
Median Home Value
$684,800
owner-occupied
Median Rent
$2,648
gross / month
Cost of Living
112
national avg = 100

Is Paramus, NJ a Good Place to Live?

Paramus is a small city of 26,582 in New Jersey, with a median household income of $136,824 and a 7.6% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Paramus 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 Paramus is right for you depends on your priorities — the full breakdown is below.

All Paramus 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

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

Metric Paramus, NJ National Avg
Median Home Value $684,800 $244,900
Median Monthly Rent $2,648 $1,163
Homeownership Rate 81.5% 65.9%
Median Household Income $136,824 $74,755

Crime & Safety

Safer than Average

Paramus's violent crime rate is 29.9 per 100,000 residents — 92% lower than the national average of ~380 per 100,000.

Violent Crime
29.9 /100k
Property Crime
4898.1 /100k

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

Schools & Education

Paramus is served primarily by Paramus Public School District. The student-to-teacher ratio is 10.9:1 (better than the national average of ~16:1).

Metric Paramus, NJ National Avg
School District Paramus Public School District —
Elementary Schools 5 —
Middle Schools 2 —
High Schools 1 —
Student/Teacher Ratio 10.9:1 16:1
Bachelor's Degree or Higher 50.3% 35.4%
High School Diploma or Higher 94.6% 91.1%

Weather & Climate

Paramus sees average highs of 39.9°F in January and 87.0°F in July, with 49.2 inches of annual precipitation and 29.8 inches of snow per year.

MetricParamus, NJ
Average High — January39.9°F
Average High — July87.0°F
Annual Precipitation49.2"
Annual Snowfall29.8"

Demographics

MetricParamus, NJNational Avg
Population26,582—
Median Age49.038.9
Unemployment Rate7.6%3.7%
Avg Commute Time31.0 min26 min
White (non-Hispanic)62.1%59.3%
Black or African American3.4%13.6%
Hispanic or Latino8.6%18.9%
Asian23.9%6.3%
Under 1818.5%22.2%
65 and over25.7%16.8%

Nearby Cities

Oradell, NJ 2 mi River Edge, NJ 2 mi Fair Lawn, NJ 3 mi New Milford, NJ 3 mi Glen Rock, NJ 3 mi

ZIP Codes in Paramus

Paramus, NJ is covered by 1 ZIP code:

07652

Paramus vs Other Cities

Paramus, NJ vs Oradell, NJ Paramus, NJ vs River Edge, NJ Paramus, NJ vs Fair Lawn, NJ Paramus, NJ vs New Milford, NJ Paramus, NJ vs Glen Rock, NJ

Frequently Asked Questions

Paramus's cost of living index is 112, where 100 is the national average. That puts Paramus roughly 12% above the national average in cost. The median home price is $684,800 and median rent is $2,648/month.
Paramus's violent crime rate is 29.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 4898.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Paramus are operated by Paramus Public School District. The district has 5 elementary, 2 middle, and 1 high schools. The student-to-teacher ratio is 10.9:1. 50.3% of adults 25+ hold a bachelor's degree or higher.
Paramus, NJ has a population of 26,582, a median household income of $136,824, and an unemployment rate of 7.6%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Paramus averages 39.9°F in January and 87.0°F in July. Annual rainfall is 49.2 inches with about 29.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Paramus, NJ is covered by 1 ZIP code: 07652.
The population of Paramus, New Jersey is 26,582 with a median age of 49.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Paramus: cost of living index 112 (100 = US average), median home $684,800, median household income $136,824, crime index 98 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Paramus side by side with your current city to see the trade-offs.