Paterson, New Jersey Mortgage and Housing Information

Population: 149,222
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

A comparison of the average prices of homes in Paterson, New Jersey and the U.S.
	U.S.	New Jersey	Paterson
Median home value in year 2006	$185,200	$366,600	$351,500

Median owner costs for owner-occupied houses and condos in year **2006**
	U.S.	New Jersey	Paterson
With a mortgage	$1,402	$2,130	$2,146
Without a mortgage	$399	$787	$760

Types of mortgages for owner-occupied Houses and Condos in Paterson (2006)
Mortgage Type	Number of Houses and Condos	Percent of total
Without a mortgage	3,587	26.0%
First Mortgage Only	8,185	59.4%
Second Mortgage and/or Home Equity Loan	1,998	14.5%
Total	13,770	100%

Median age for males and females (2000).
Males	29
Females	31

Females earn $13 (0.1%) more than Males in Paterson.

Level of higher education for people over 25 years in Paterson (2006).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	6,050	14.0%	6,723	15.6%
Associate Degree	894	2.1%	1,977	4.6%
Bachelor's Degree	2,215	5.1%	2,929	6.8%
Master's Degree	549	1.3%	933	2.2%
Professional Degree	270	0.6%	266	0.6%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	9,978	23.1%	12,828	26.7%
Total over 25	43,184	100%	48,059	100%

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