CensusEasy
CITY · 2020 ACS

Palermo

New Jersey · 3,183 residents · 3.112 sq mi
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The short version

Palermo is wealthier than most US places, with a median household income of $76,441. Population has held roughly steady since 2021. Median home value is $317,900. With a median age of 50.5, the population is older than the US median of 38.8. Poverty is rare here, at 2.6% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 50.5
US median: 38.8
More educated
45% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

3,183
+13%vs 2021
vs 2,827 in 2021
2020 – 2024
1,023 / sq mi
+13%vs 2021
vs 908 / sq mi in 2021
US average: 280
50.5
+3%vs 2021
vs 49.0 in 2021
US average: 38.8
Population, 20202024
3K3K3K3K3K20202024Palermo
20243K
20202024
Section 02

Income & economy

$76,441
Unchangedinflation adjusted, since 2021
vs $79,844 in 2021
US average: $66,278
2020 – 2024
$42,536
Unchangedvs 2021
vs $42,331 in 2021
US average: $35,364
Households earning $100K+
53.0%
Unchangedvs 2021
vs 53.1% in 2021
US average: 43.9%
2.6%
+0.2 ptsvs 2021
vs 2.4% in 2021
US average: 12.8%
Workforce by industry, 2020
Other services13%
US avg: 6.6%
Wholesale trade9.6%
US avg: 6.7%
Public administration8.5%
US avg: 4.7%
Information8%
US avg: 11.1%
Retail trade3.6%
US avg: 10%
Finance & insurance2.2%
US avg: 5.5%
Professional, scientific, technical2.2%
US avg: 4.7%
Transportation & warehousing1.9%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$317,900
−2%inflation adjusted, since 2021
vs $339,300 in 2021
US average: $265,253
2020 – 2024
89.8%
−6.7 ptsvs 2021
vs 96.5% in 2021
10.2% rent
4.2
−2%vs 2021
vs 4.2 in 2021
2020 – 2024
RELATED:See current rent listings in Palermo on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic89.5%(2,529)
Black0%(0)
Hispanic / Latino5.7%(162)
Asian4.8%(136)
Other0%(0)
Diversity Score24.3%(686)
2020
White, non-Hispanic92.9%(2,956)
Black0.5%(17)
Hispanic / Latino2.3%(74)
Asian0.9%(28)
Other2.7%(85)
Diversity Score15.5%(492)
15
−36%vs 2021
vs 24 in 2021
2020 – 2024
Section 05

Education

45.0%
+3.2 ptsvs 2021
vs 41.7% in 2021
US average: 32.9%
High school or higher
98.7%
+1.1 ptsvs 2021
vs 97.7% in 2021
US average: 88.5%
13.3%
−2.3 ptsvs 2021
vs 15.6% in 2021
US average: 12.7%
Section 06

Commute & transportation

26.8 min
+4%vs 2021
vs 25.7 min in 2021
US average: 26.9
91.3%
+3.0 ptsvs 2021
vs 88.3% in 2021
US average: 75.1%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.4%
Section 07

Work & employment

5.0%
+0.9 ptsvs 2021
vs 4.0% in 2021
US average: 5.4%
55.6%
−2.3 ptsvs 2021
vs 57.9% in 2021
US average: 63.4%
46.4%
+2.0 ptsvs 2021
vs 44.5% in 2021
US average: 39.3%
Section 08

People & community

48.2%
−0.2 ptsvs 2021
vs 48.4% in 2021
51.8%
+0.2 ptsvs 2021
vs 51.6% in 2021
1.8%
−1.7 ptsvs 2021
vs 3.6% in 2021
US average: 13.5%
1.5%
+0.4 ptsvs 2021
vs 1.1% in 2021
US average: 8.8%
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Frequently asked

How many people live in Palermo, New Jersey?

Palermo, New Jersey has about 3,183 residents according to the 2020 American Community Survey.

What is the median household income in Palermo, New Jersey?

The typical household in Palermo, New Jersey earns about $76,441 a year. Half of households make more than that, and half make less.

Is Palermo, New Jersey expensive?

In Palermo, New Jersey, the median home is worth about $317,900.

How educated are people in Palermo, New Jersey?

About 45.0% of adults age 25 and over in Palermo, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Palermo, New Jersey?

About 2.6% of people in Palermo, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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