What is the median household income in Palermo CDP?

The median household income in Palermo CDP is $98,000, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the poverty rate in Palermo CDP?

The poverty rate in Palermo CDP is 1.9%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the median home value in Palermo CDP?

The median home value in Palermo CDP is $393,900, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the unemployment rate in Palermo CDP?

The unemployment rate in Palermo CDP is 0.9%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

Palermo CDP, New Jersey

City

Population: 2,667 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Palermo CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

← Cities in New Jersey New Jersey →

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Palermo CDP

What is the median household income in Palermo CDP?: The median household income in Palermo CDP is $98,000 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Palermo CDP?: The poverty rate in Palermo CDP is 1.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Palermo CDP?: $393,900 (U.S. Census Bureau ACS 2023).
What percentage of Palermo CDP residents have a college degree?: 45.9% of adults in Palermo CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

2,667

Median Income

$98,000

Median Home Value

$393,900

Poverty Rate

1.9%

Unemployment (ACS 2023)

0.9%

Median Age

43.0 yrs

Demographics

Total Population 2,667

Median Age 43.0

Female 49.4%

Race & Ethnicity

Hispanic or Latino 2.4% White (non-Hisp.) 96.4% Asian 0.3% Two or More 1.2% Other 2.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $98,000 ±$12,080

-$3,050 vs. state

Per Capita Income $109,717

Median Family Income $113,641

Poverty Rate 1.9%

-5.1 pp vs. state

Child Poverty Rate 0.0%

Working-Age Poverty Rate —

SNAP Recipients 1.7%

Social Security Income —

Retirement Income 45.7%

Household Income Distribution

$10–15k

3.1%

$15–25k

2.3%

$25–35k

1.0%

$35–50k

5.0%

$50–75k

27.4%

$75–100k

14.6%

$100–150k

18.2%

$150–200k

10.7%

$200k+

17.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,259

Owner-Occupied 98.1%

Renter-Occupied 1.9%

Vacancy Rate 8.8%

Median Home Value $393,900

-$33,700 vs. state

Median Gross Rent —

Owner Cost Burden (30%+) 20.7%

Renter Cost Burden (30%+) 0.0%

Home Value Distribution

< $50k

0.9%

$50–100k

5.7%

$100–200k

1.7%

$200–300k

12.0%

$300–500k

57.1%

$500k–$1M

17.5%

Vehicle Availability

No vehicle

0.7%

1 vehicle

31.8%

2 vehicles

44.2%

23.3%

Housing Type

Single-fam. det.

71.4%

Single-fam. att.

15.3%

2–4 units

0.5%

Mobile home

12.8%

Housing Age

Pre-1940

3.5%

1970–1999

20.7%

2000–2009

13.0%

2010+

2.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 98.9%

Bachelor's or Higher 45.9%

+3.0 pp vs. state

Graduate Degree 14.5%

Some College / Associate 13.8%

Less Than High School 0.0%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 58.0%

Unemployment Rate 0.9%

-5.3 pp vs. state

Work from Home 13.9%

Self-Employed 10.8%

Government Workers 22.5%

Private For-Profit 66.7%

Industry

Edu/Health

28.7%

Finance

11.9%

Arts/Entmt.

10.6%

Prof. Services

9.7%

Public Admin

8.3%

Manufacturing

8.0%

Construction

7.4%

Retail

6.3%

Transportation

2.6%

Wholesale

2.3%

Agriculture

1.0%

Occupation

Management

45.2%

Sales

28.4%

Food Prep

11.0%

Construction

8.7%

Production

6.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.6 min

Drove Alone 84.0%

Carpool 2.1%

Public Transit 0.0%

Work from Home 13.9%

Walked 0.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,148

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 67.6%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 28.2%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

8.4%

5–9

7.7%

10–14

5.1%

15–19

3.0%

20–24

1.5%

25–34

11.6%

35–44

14.3%

45–54

3.9%

55–64

4.6%

65–74

5.5%

75–84

17.0%

85+

16.4%

Under 18: 23.7% Working age (18–64): 76.3% 65 and over: 34.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.6%

Naturalized Citizen 46.5%

Speaks English Less Than Very Well 1.4%

Foreign-Born Origin

Latin America

55.8%

Europe

23.3%

Asia

20.9%

Veterans & Disability

Veteran 8.8%

With a Disability 11.4%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 99.5%

Uninsured 0.5%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 94.7%

Has a Computer 96.5%

Same House 1 Year Ago 85.3%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Palermo CDP

Compare to another city →

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured