07514 and 07504 receive effectively the same standardized Area Score. Which fits you better depends on which dimensions you weight — the differences below are where they actually diverge.
Signals
07514
07504
Opportunity
41 · Bottom 22%
vs44 · Bottom 27%
Growth
39 · Bottom 32%
vs39 · Bottom 32%
Climate
71 · Top 47%
vs71 · Top 47%
Physical resilience
36 · Bottom 28%
vs36 · Bottom 28%
Housing affordability
61 · Bottom 25%
vs64 · Bottom 28%
Schools
23 · Bottom 14%
vs22 · Bottom 13%
Access
94 · Top 44%
vs95 · Top 39%
Economic stability
56 · Bottom 44%
vs51 · Bottom 35%
Measured values
| Metric | 07514 | 07504 | Source period |
|---|---|---|---|
| Population | 20,647 | 13,123 | 2024 ACS 5-Year |
| Median household income | $70,205 | $76,659 | 2024 ACS 5-Year |
| Per capita income | $27,505 | $29,381 | 2024 ACS 5-Year |
| Population density | 22,249/sq mi | 15,773/sq mi | 2024 ACS 5-Year |
| Median home value | $342,900 | $381,600 | 2024 ACS 5-Year |
| Median gross rent | $1,495 | $1,526 | 2024 ACS 5-Year |
| Homeownership rate | 34.9% | 40.2% | 2024 ACS 5-Year |
| Unemployment rate | 6.9% | 6.9% | June 2026 |
| Employment change (year over year) | 1.6% | 1.6% | June 2026 |
| Bachelor's degree or higher | 12.5% | 14.3% | 2024 ACS 5-Year |
| Poverty rate | 13.6% | 15.6% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 260 | 260 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.6 | 1.6 | 12 months ending July 2026 |
| Permit change (year over year) | -13.0% | -13.0% | 12 months ending July 2026 |
| Average July high | 87°F | 87°F | 1991-2020 Normals |
| Average January low | 26°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 46.3" | 46.3" | 1991-2020 Normals |
| Distance to major airport | 16 mi | 15 mi | NASR current cycle |
| Average commute | 25.0 min | 25.4 min | 2024 ACS 5-Year |
| Median age | 38.9 | 36.8 | 2024 ACS 5-Year |
| Public schools | 5 | 4 | 2024-25 school year |
| Students per teacher | 12.67 | 11.78 | 2024-25 school year |
| Math proficiency | 4.9% | 5.0% | 2019-20 school year |
| Reading proficiency | 22.8% | 15.6% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 62.5% | 64.6% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
07514
Elevated or high exposure: inland flooding, earthquake.
07504
Elevated or high exposure: inland flooding, earthquake.
Full profiles: 07514 — Paterson, NJ · 07504 — Paterson, NJ · How this is calculated: methodology