Everything You Need to Know About the City of Passaic New Jersey

In 2017, Passaic, NJ had a population of 71.1k people with a median age of 29.8 and a median household income of $34,920  dollars. Between 2016 and 2017 the population of Passaic, New Jersey grew from 70,536 to 71,057, a 0.739 percent increase and its median household income grew from $33,859 dollars to $34,920 dollars, a 3.13 percent increase.

The population of Passaic, NJ is 73.2 percent Hispanic or Latino, 15.7 percent White Alone, and 6.9 percent Black or African American Alone. N/A% of the people in Passaic, NJ speak a non-English language, and 77.4 percent are U.S. citizens.

The median property value in Passaic, NJ is $309,700 dollars, and the homeownership rate is 23.4 percent. Most people in Passaic, NJ commute by Drove Alone, and the average commute time is 26.3 minutes. The average car ownership in Passaic, NJ is 1 car per household.

 

Health in Passaic

75.1 percent of the population of Passaic, NJ has health coverage, with 24.6 percent on employee plans, 38.8 percent on Medicaid, 5.85 percent on Medicare, 5.53 percent on non-group plans, and 0.289 percent on military or VA plans.

Per capita personal health care spending in the place of Passaic, NJ was $8,859 dollars in 2014. This is a 4.91 percent increase from the previous year ($8,444 dollars).

Primary care physicians in Passaic, NJ see 1686 patients per year on average, which represents a 0.59 percent decrease from the previous year (1696 patients). Compare this to dentists who see 1355 patients per year, and mental health providers who see 958 patients per year.

Comparing across all counties in the state, Salem County has the highest prevalence of diabetes (12.1 percent). Additionally, Cumberland County has the highest prevalence of adult obesity (34.7 percent)

 

Economy in Passaic

The economy of Passaic, NJ employs 27.5k people and Passaic has an unemployment rate of 5.8 percent. Passaic has seen the job market decreased by -0.5 percent over the last year. Future job growth over the next ten years is predicted to be 20.5 percent, which is lower than the US average of 33.5 percent. The largest industries in Passaic, NJ are Manufacturing (5,513 people), and Retail Trade (2,833 people), Health Care & Social Assistance (3,165 people), and the highest paying industries are Public Administration ($61,771 dollars), Professional, Scientific, & Technical Services ($59,167 dollars), and Finance & Insurance ($54,484 dollars).

Households in Passaic, NJ have a median annual income of $34,920 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $33,859 dollars in 2016, which represents a 3.13 percent annual growth.

 

Tax Rates for Passaic

– The Sales Tax Rate for Passaic is 6.6 percent.

– The Income Tax Rate for Passaic is 5.5 percent. 

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Passaic

– The average earnings of a Passaic resident are $15,193 dollars a year.

– The Median household earnings of a Passaic resident is $33,081 dollars a year.