William Paterson University of New Jersey, NJ
Population 1,240 · New Jersey
About William Paterson University of New Jersey, NJ
William Paterson University of New Jersey is a small town located in New Jersey with a population of 1,240 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 19.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in William Paterson University of New Jersey features a median home value of $0, which is 100% below the national median of $244,900. This makes William Paterson University of New Jersey one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 0 total housing units, NaN% are owner-occupied (0 units) and NaN% are renter-occupied (0 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in William Paterson University of New Jersey shows an unemployment rate of 9.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in William Paterson University of New Jersey have an average one-way commute time of 24.6 minutes.
Education & Demographics
73.9% of William Paterson University of New Jersey residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.5% White, 1.9% Hispanic or Latino, 2.9% Black or African American, and 11.9% Asian residents, with 11.9% of the population being foreign-born.
Cost of Living in William Paterson University of New Jersey, NJ
Compared to national averages, William Paterson University of New Jersey has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, William Paterson University of New Jersey's income is 100% below the state average of $115,667, and home values are 100% below the state median of $469,644.
Why Live in William Paterson University of New Jersey, NJ?
William Paterson University of New Jersey offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a well-educated community where 73.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, William Paterson University of New Jersey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
William Paterson University of New Jersey has a population of 1,240 with a median age of 19.8 years. Compare William Paterson University of New Jersey with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near William Paterson University of New Jersey
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dorothy | 1,255 | $104,102 | $306,900 | Compare |
| Surf City | 1,225 | $118,333 | $967,900 | Compare |
| Crandon Lakes | 1,258 | $92,434 | $279,500 | Compare |
| Auburn | 1,209 | $201,648 | $440,300 | Compare |
| Bay Head | 1,201 | $145,417 | $1,679,000 | Compare |
| Newfoundland | 1,281 | $127,674 | $439,600 | Compare |
| Brookside | 1,287 | $250,001 | $892,500 | Compare |
| Silver Ridge | 1,176 | $35,056 | $213,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare William Paterson University of New Jersey With Other Cities
Frequently Asked Questions about William Paterson University of New Jersey
What is the population of William Paterson University of New Jersey, NJ?
The population of William Paterson University of New Jersey, NJ is 1,240 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in William Paterson University of New Jersey?
The median household income in William Paterson University of New Jersey, NJ is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in William Paterson University of New Jersey?
The median home value in William Paterson University of New Jersey, NJ is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in William Paterson University of New Jersey?
The median monthly rent in William Paterson University of New Jersey, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in William Paterson University of New Jersey?
The unemployment rate in William Paterson University of New Jersey, NJ is 9.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is William Paterson University of New Jersey, NJ a good place to live?
William Paterson University of New Jersey offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,240 and a median age of 19.8, the city appeals to young professionals and families.
How educated is William Paterson University of New Jersey, NJ?
73.9% of residents in William Paterson University of New Jersey aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in William Paterson University of New Jersey?
Key cost-of-living indicators for William Paterson University of New Jersey, NJ: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in William Paterson University of New Jersey?
The poverty rate in William Paterson University of New Jersey, NJ is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is William Paterson University of New Jersey, NJ?
William Paterson University of New Jersey's population is 5.5% White, 1.9% Hispanic or Latino, 2.9% Black or African American, 11.9% Asian, and 34.0% two or more races. 11.9% of residents are foreign-born.