Paramus is a medium-sized borough located in the state of New Jersey. With a population of 26,359 people and six associated neighborhoods, Paramus is the 66th largest community in New Jersey.

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

Also of interest is that Paramus 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: 19.45% 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.

Because of many things, Paramus is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Paramus really has some of the features that families look for when choosing a good community to raise children. Is Paramus perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

In Paramus, however, the average commute to work is quite long. On average, people spend 30.77 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.

For the size of the borough, public transportation in Paramus is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Paramus, the benefits are reduced air pollution and congestion on the highways.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Paramus. 50.28% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Paramus in 2022 was $55,747, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $222,988 for a family of four.

Paramus is an extremely ethnically-diverse borough. The people who call Paramus home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paramus residents report their race to be White, followed by Asian. Paramus also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.29% of the borough’s residents. Important ancestries of people in Paramus include Italian, Irish, German, Polish, and Russian.

Foreign born people are also an important part of Paramus's cultural character, accounting for 30.47% of the borough’s population.

The most common language spoken in Paramus is English. Other important languages spoken here include Spanish and Langs. of India.