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Useful Statistics for businesses looking for office space in Passaic
  Passaic NJ State
2016 Estimated Population 70,536 8,915,456
Median Age 29 39.5
Housing Units 21,346 3,586,442
Occupied 19,350 3,195,014
Owned 4,507 2,047,794
Rented 14,843 1,147,220
Average Household Size 3.62 2.73
Rental Vacancy Rate 3.8% 5.7%
Homeowner Vacancy Rate 0.3% 1.7%
Median Home Value $303,600 $316,400
Median Monthly Rental Cost $1,122 $1,213
Estimated Mean Income $55,464 $118,771
Median Household Income $33,859 $73,702
Percent of Individuals below poverty level 31.9% 10.9%
Educational Attainment: Percent high school graduate or higher 65.8% 88.9%
Educational Attainment: Percent high school graduate 35.1% 28.2%
Educational Attainment: Percent with some College 12.6% 16.8%
Educational Attainment: Percent bachelor degree or higher 14.9% 37.5%
Average Commute time in minutes 26.2 31.2
Commute 26,505 4,233,592
Commute by car, truck or other vehicle - Drive Alone 12,333 3,035,507
Commute by car, truck or other vehicle - Carpool 5,623 342,456
Use Public Transportation 4,397 474,568
Work from Home 509 175,059
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