Passaic

Community Profile

People

The total population of the City of Passaic is 71,658. The median age is 29.72

71,658

Total Population

50.29%

Male

49.71%

Female

Age Distribution

Median Age

30

Educational Attainment

The majority of the population in Passaic has completed at least a high school degree, and 20.27% has a College Degree.

< Grade 9

20.39%

Grade 9-12

10.62%

High School

35.75%

Some College

12.98%

Assoc Degree

3.84%

Bach Degree

10.34%

Grad Degree

6.09%

2

in the community

196

within 50 miles

offer Associate’s Degree or Certificate

1

in the community

184

within 50 miles

offer Bachelor’s Degree or Higher

Labor Force

Passaic has a labor force of 31,185 people, with an unemployment rate of 6.2%.

31,185

Labor Force

6.2%

Unemployment Rate

-11.43%

Unemployment Rate Change (1 year)

Where are the top jobs by occupation?

Office and Administrative support

16.24%

2,916

Sales

12.3%

2,208

Executive, Managers, and Administrators

8.79%

1,578

Education, Training/Library

8.22%

1,475

Health Diagnosing and Treating Practitioners

5.3%

951

The work distribution of total employees in Passaic is:

32%

Blue Collar

67%

White Collar

Total Establishments

2,570

Total Employees

17,954

Businesses and Jobs

Passaic has a total of 2,570 businesses. In 2016, the leading industries in Passaic were Health Care and Social Services, Retail, Education, and Manufacturing.

What are the top industries by jobs?

1

Health Care and Social Services

4,021

Jobs

321

Establishments

2

Retail

2,841

Jobs

540

Establishments

3

Education

2,412

Jobs

55

Establishments

4

Manufacturing

2,240

Jobs

133

Establishments

How many employees do businesses in Passaic have?

1-4

Employees

1-4 Employees

75.18%

5-9 Employees

13.77%

10-19 Employees

5.56%

20-49 Employees

3.23%

50-99 Employees

1.28%

100+ Employees

0.98%

Incentives

Known business incentives.

$10,330,000

0.174%

of incentives within New Jersey

#50

ranked city within New Jersey

Source: www.IncentivesMonitor.com (2016)
A service from WAVTEQ

Income and Spending

Households in Passaic earn a median yearly income of 34,707. 29.57% of the households earn more than the national average each year. Household expenditures average 44,035 per year. The majority of earnings get spent on Shelter, Transportation, Food and Beverages, Health Care, and Utilities.

$34,707

Median Household Income

Income Distribution

How do people spend most of their money?

PER HOUSEHOLD

Shelter

$9,046

Transportation

$8,288

Food and Beverages

$6,721

Health Care

$3,623

Utilities

$3,517

$44,035

Median Household Expenditure

Housing

There are 194% more households who rent their homes than there are homeowners.

Owners vs. Renters

Transportation

Residents spend an average of 26 minutes commuting to work. Passaic is served by 26 airports within 50 miles. Rail can be accessed within the community. Interstates can be accessed 2 miles away.

26min

Commute Travel Time

0 + 26(+50 miles)

Airports in Community

2

Distance to Interstate

Freight Rail

In Community

Taxes

Top State Corporate Income Tax

9%

Top State Corporate Capital Gains Tax

9%

Top State Personal Income Tax

8.97%

Top State Personal Capital Gains Tax

9%

State Sales Tax

7%

Community Served By

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The Greater Meadowlands

Joseph Garavente

Managing Editor/Marketing & Communications Manager

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