Economy & Jobs — Paterson, New Jersey

Income & Employment

Median Household Income (Census)$55,997
Estimated 2026~$61,300
Per Capita Income$23,528
Poverty Rate21.2%
Unemployment Rate10.7%
In Labor Force75,025

Top Industries

IndustryShare
Education Healthcare21.2%
Manufacturing16.5%
Retail12.7%

Local Businesses (County)

TypeCount
Full Service Restaurants411
Physician Offices404
Fast Food389
Law Offices228
Dental Offices227
Grocery Stores218
Beauty Salons196
Commercial Banks146
Auto Repair145
Liquor Stores142
Child Day Care136
Coffee Shops116
Insurance Agencies115
Accounting Firms94
Real Estate Offices82
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.