Paramus, New Jersey, is a borough located in Bergen County, approximately 15 to 20 miles northwest of Midtown Manhattan and about 8 miles west of Upper Manhattan. Established in 1922, it covers an area of roughly 10.5 square miles and has a population of around 26,698 as of the 2020 census. This suburban community is characterized by....
Paramus, New Jersey, is a borough located in Bergen County, approximately 15 to 20 miles northwest of Midtown Manhattan and about 8 miles west of Upper Manhattan. Established in 1922, it covers an area of roughly 10.5 square miles and has a population of around 26,698 as of the 2020 census. This suburban community is characterized by its strategic location at the intersection of major highways, including the Garden State Parkway and Route 17, making it a convenient residential area for commuters to New York City. The name "Paramus" is believed to derive from the Unami language of the Lenape Native Americans, meaning "land of the turkeys" or "pleasant stream".
Paramus is renowned for its extensive shopping options, being one of the largest retail destinations in the United States. It generates over $6 billion in annual retail sales, primarily due to attractions like the Garden State Plaza mall. The borough also has some of the most restrictive blue laws in the nation, which limit retail operations on Sundays, yet this has not hindered its status as a shopping hub. Additionally, Paramus boasts numerous parks and recreational facilities, contributing to its reputation as a desirable place for families and outdoor enthusiasts.
Costs of Assisted Living in Paramus, NJ
The costs of assisted living in Paramus, New Jersey, are notably high, averaging around $7,343 per month. This figure is above the state average of $7,056 and significantly higher than the national average of $4,546. Various factors contribute to these costs, including the quality of facilities and services offered. Additionally, some facilities may provide flexible month-to-month rental agreements without buy-in fees, catering to different financial situations. Overall, Paramus presents a range of senior living options that align with varying budgetary needs while ensuring high-quality care and amenities for residents.
Average Income in Paramus, NJ
Paramus, New Jersey, has a robust economy reflected in its average household income of approximately $168,824 and a median household income of $134,733. This income level is significantly higher than the national median, placing Paramus in the 97th percentile for household incomes. The local economy benefits from a high educational attainment rate, with 54% of adults holding a bachelor's degree or higher. The community enjoys a high quality of life, characterized by excellent public services and amenities, making Paramus an attractive place for families and professionals alike.
Ranking of Paramus among Top Cities in New Jersey
Paramus, New Jersey, is consistently ranked among the top cities in the state due to its strong economic performance and quality of life. It is recognized for its excellent shopping options, including the famous Westfield Garden State Plaza. The borough's strategic location offers easy access to New York City while maintaining a suburban feel. With a low poverty rate of 4.88%, Paramus is celebrated for its well-regarded public schools and community services. These attributes contribute to its reputation as one of New Jersey's most desirable places to live.
Top Assisted Living Facilities in Paramus, NJ
Some of the top assisted living facilities in Paramus, NJ include:
- Juniper Village at Paramus
- Brightview Paramus
- Harmony Village at CareOne
- Fox Trail Memory Care Living
- CareOne at The Cupola
These facilities focus on providing personalized care and support while promoting independence for their residents.
