Palisades Park is a medium-sized borough located in the state of New Jersey. With a population of 20,106 people and four associated neighborhoods, Palisades Park is the 96th largest community in New Jersey. Palisades Park has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Palisades Park, where the median household income is $93,250.00.

Palisades Park home prices are not only among the most expensive in New Jersey, but Palisades Park real estate also consistently ranks among the most expensive in America.

Also of interest is that Palisades Park has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

Palisades Park, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.

One downside of living in Palisades Park, however, is that residents on average have to contend with a long commute, spending on average 31.98 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Like elsewhere in America, most people in Palisades Park use a private automobile to get to work. But notably, a substantial number of Palisades Park‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.

Do you like to read, write and learn? If you move to Palisades Park, you'll likely find that many of your neighbors like to as well. Palisades Park is one of the more educated communities in America, with a full 54.76% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Palisades Park in 2022 was $42,538, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $170,152 for a family of four. However, Palisades Park contains both very wealthy and poor people as well.

Palisades Park is an extremely ethnically-diverse borough. The people who call Palisades Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palisades Park residents report their race to be Asian, followed by White. Palisades Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.65% of the borough’s residents. Important ancestries of people in Palisades Park include Italian, Irish, German, French, and Dutch.

Foreign born people are also an important part of Palisades Park's cultural character, accounting for 60.18% of the borough’s population.

The most common language spoken in Palisades Park is Korean. Other important languages spoken here include English and Spanish.