Palisades Park is a medium-sized borough located in the state of New Jersey. With a population of 20,106 people and four associated neighborhoods, Palisades Park is the 96th largest community in New Jersey. Much of the housing stock in Palisades Park was built relatively recently. The construction of new real estate can often be taken as an indication that the local Palisades Park economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Palisades Park, where the median household income is $93,250.00.

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

Also of interest is that Palisades Park has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Palisades Park telecommute to their jobs. Overall, about 8.47% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.

Palisades Park, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.

One downside of living in Palisades Park is that it can take a long time to commute to work. In Palisades Park, the average commute to work is 31.98 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.

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

If knowledge is power, Palisades Park is a pretty powerful place. 54.76% of the adults in Palisades Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Palisades Park in 2022 was $42,538, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $170,152 for a family of four. However, Palisades Park contains both very wealthy and poor people as well.

Palisades Park is an extremely ethnically-diverse borough. The people who call Palisades Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palisades Park residents report their race to be Asian, followed by White. Palisades Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.65% of the borough’s residents. Important ancestries of people in Palisades Park include Italian, Irish, German, French, and Dutch.

Foreign born people are also an important part of Palisades Park's cultural character, accounting for 60.18% of the borough’s population.

The most common language spoken in Palisades Park is Korean. Other important languages spoken here include English and Spanish.