Palisades Park, NJ Utility & Living Guide

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Palisades Park, NJ Utility & Living Guide

Palisades Park is a borough in Bergen County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 20,292, an increase of 670 (+3.4%) from the 2010 census count of 19,622, which in turn reflected an increase of 2,549 (+14.9%) from the 17,073 counted in t

Last updated: June 30, 2026
Total Utilities$305/mo
1BR Rent$1707/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$671,400
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

PSE&G
🔥 Gas

$50/mo

PSE&G
💧 Water

$45/mo

Palisades Park Water Department
🗑️ Garbage

$25/mo

Palisades Park Department of Public Works
📶 Internet

$65/mo

Combined Average Overhead$305/month

Housing Market

Rent & Property
1 Bedroom$1707/mo
2 Bedrooms$1897/mo
3 Bedrooms$2371/mo
Median Home Price$671,400
Property Tax Rate1.2%
Avg Childcare/mo$1000

The housing market in Palisades Park is competitive, with a mix of older homes and newer developments. Prices have been rising due to its proximity to NYC.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.2%
<p>State 6.625% + County 0% + City 0.875%</p>

New Jersey has a progressive income tax system with rates ranging from 1.4% to 10.75%.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+3% (growing)
Political Climate
Blue
Business Momentum
Moderate with key industries in retail, healthcare, and food services.
Top Local Concerns
Traffic congestion, rising property taxes, school funding
🚌 Transit for Families

Public transit is accessible but crowded during peak hours. Some stations have elevators.

🎡 Top Kid Attractions
  • 🎯
    Palisades Park Public Library
  • 🎯
    Overpeck County Park
  • 🎯
    Palisades Park Recreation Center

Best Neighborhoods for Families

The area near Overpeck County Park is popular for families due to its green spaces and good schools. Central Palisades Park offers more affordable housing options.

Household Budget Calculator

Estimate your real monthly cost of living in Palisades Park based on your household profile.

📰 Live Local News

Residents must obtain permits for home renovations and adhere to strict noise ordinances.

Financial Tools

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Planning Tools

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📊 Palisades Park — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$93,250
👤 Median Age
40.9
🏠 Homeownership Rate
37.5%
🔑 Renter Rate
62.5%
📉 Poverty Rate
12.1%
💼 Unemployment Rate
5.8%
📡 Internet Access
91.0%
🎓 College Educated
47.4%

☀️ Seasonal Utility Costs

Utility costs peak in winter due to heating needs and in summer due to air conditioning usage. Spring and fall typically see lower utility bills.

🏛️ Local Tax Details

Key ZIP code level tax info: property tax millage rates vary by neighborhood, with an average of 1.2%. No local surtaxes specific to Palisades Park county.

👶 Family & Stroller Friendliness

Score 7/10 with explanation: Sidewalks are generally well-maintained, and parks are accessible. Some transit stations lack elevators, but family infrastructure is improving.

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