Paramus is a city in New Jersey state in USA with a population of 26403 residents.. The poverty rate of Paramus is 3.5%, which is 75% lower than national average. The typical household in Paramus earns $130273 a year, compared to the national median of $67,500. Nearly 21% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Paramus, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Paramus remained 5.9%, which is 26% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Paramus, only 49% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Paramus is 159, which is 59% higher than national average. Median home value in Paramus is $614900 , which is 168% higher than national average. While median income in Paramus remained $130273, which is 93% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.