Paterson vs Jersey City: Housing
| Paterson | Jersey City | |
|---|---|---|
| Median Home Value | $360,100 | $566,900 |
| Median Gross Rent | $1,548/mo | $2,007/mo |
| Homeownership Rate | 26.9% | 27.9% |
| Rent as Share of Income | 33.2% | 24.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.