2024 Compare Cities Economy:
Paterson, NJ vs Homestead, FL

Change Cities
Highlights
- Household income in Homestead, is 8% more than it is in Paterson and is 32% below the National Average.
- Paterson unemployment rate is 14.8%.
- Homestead unemployment rate is 8.7%.
 Paterson, NJHomestead, FLUnited States
 Unemployment Rate14.8%8.7%6.0%
 Recent Job Growth-0.5%0.8%1.6%
 Future Job Growth17.9%40.7%33.5%
 Sales Taxes6.6%7.0%6.2%
 Income Taxes5.5%0.0%4.6%
 Income per Cap.$21,064$20,444$37,638
 Household Income$48,540$52,334$69,021
 Family Median Income$53,159$51,797$85,028
 space
 Est. Households By Income
 Paterson, NJHomestead, FLUnited States
 Income Less Than 15K16.9%13.1%9.4%
 Income between 15K and 20K6.2%4.5%3.8%
 Income between 20K and 30K9.5%9.7%8.1%
 Income between 30K and 40K9.9%10.6%8.0%
 Income between 40K and 50K8.6%9.7%7.6%
 Income between 50K and 60K7.4%10.2%7.2%
 Income between 60K and 75K9.8%9.4%9.6%
 Income between 75K and 100K12.3%13.8%12.8%
 Income between 100K and 150K11.8%12.1%16.3%
 Income between 150K and 200K4.6%4.4%7.8%
 Income greater than 200K3.1%2.5%9.5%
 space1
 Population By Occupation
 Paterson, NJHomestead, FLUnited States
 Management, business, finance7.2%10.4%16.4%
 Engineering, computers, science2.4%2.0%6.5%
 Community, social services1.5%1.7%1.8%
 Legal0.3%0.1%1.2%
 Education, library3.0%4.5%6.2%
 Arts, design, media, sports, entertainment0.4%0.9%2.0%
 Healthcare practitioners and technology3.0%5.8%6.2%
 Healthcare support6.4%2.6%3.3%
 Firefighters, law enforcement1.8%4.8%2.1%
 Food preparation, serving4.7%5.4%5.4%
 Building maintenance6.2%7.1%3.6%
 Personal care2.5%2.9%2.6%
 Sales, office, administrative support20.5%22.8%20.9%
 Farming, fishing, forestry0.2%6.0%0.6%
 Construction, extraction, maintenance/repair8.7%13.8%8.1%
 Production, transportation, material moving31.2%9.1%13.1%
Reviews for Paterson    1 Reviews

Over 19 years ago

your murder rate for paterson,n j is lower than what the fbi reported .petersburg is higher than what the fbi  More

   |    Reply

Start Your Review of Paterson

Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

   |    Reply

Over 6 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

   |    Reply

Over 6 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

   |    Reply

Start Your Review of Homestead


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.