Palisades Park vs Morristown
Side-by-side comparison
How does Palisades Park, NJ compare to Morristown, NJ? Palisades Park has a population of 20,192 with a median household income of $101,295, while Morristown has 20,256 residents and a median income of $115,409. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Palisades Park, NJ | Morristown, NJ | Difference |
|---|---|---|---|
| Population | 20,192 | 20,256 | -0.3% |
| Median Age | 43.2 | 34 | +27.1% |
| Foreign Born % | 60.1% | 20.9% | +187.6% |
| Metric | Palisades Park | Morristown | Difference |
|---|---|---|---|
| Median Income | $101,295 | $115,409 | -12.2% |
| Unemployment | 5.4% | 5% | +8.0% |
| Poverty Rate | 10% | 9.2% | +8.7% |
| Bachelor's+ | 53.7% | 57.5% | -6.6% |
| Metric | Palisades Park | Morristown | Difference |
|---|---|---|---|
| Home Value | $704,400 | $552,800 | +27.4% |
| Median Rent | $1976/mo | $2171/mo | -9.0% |
| Housing Units | 7,612 | 9,318 | -18.3% |