Paramus is a medium-sized borough located in the state of New Jersey. With a population of 26,282 people and six associated neighborhoods, Paramus is the 66th largest community in New Jersey.
Paramus home prices are not only among the most expensive in New Jersey, but Paramus real estate also consistently ranks among the most expensive in America.
Also of interest is that Paramus has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 21.50% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Paramus is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Paramus really has some of the features that families look for when choosing a good community to raise children. Is Paramus perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Paramus is that it can take a long time to commute to work. In Paramus, the average commute to work is 30.33 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
For the size of the borough, public transportation in Paramus is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Paramus, the benefits are reduced air pollution and congestion on the highways.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Paramus. 50.24% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Paramus in 2022 was $55,503, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $222,012 for a family of four.
Paramus is an extremely ethnically-diverse borough. The people who call Paramus home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paramus residents report their race to be White, followed by Asian. Paramus also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.20% of the borough’s residents. Important ancestries of people in Paramus include Italian, Irish, German, Polish, and English.
Foreign born people are also an important part of Paramus's cultural character, accounting for 29.02% of the borough’s population.
The most common language spoken in Paramus is English. Other important languages spoken here include Spanish and Langs. of India.