HomeNew JerseyPassaic County
Passaic County, New Jersey: commercial real estate data.
Passaic County, New Jersey has a population of 521,012 across 185 square miles, up 0.3 percent since the 2020 census base. County output reached $29.07 bn in 2024, 12,406 establishments operate here, and the SBA record carries 689 7(a) approvals worth $283.4 m.
123 sourced county values · tier FULL · 11 sections
Passaic County
How many people live in Passaic County
- Population521,012
- Households178,936
- Average household size2.91
- Median household income$87,522
- Median age38.1
- Median gross rent$1,621 per month
- Median owner-occupied home value$459,500
- Home value to household income5.3 times
- Annual rent as a share of median income22.2 percent
- Adults 25 and over with a bachelor degree or higher30.9 percent
- Adults 25 and over with a graduate degree10.5 percent
- Adults 25 and over349,460
- Population under 18123,141
- Share under 1823.6 percent
- Population 65 and over82,632
- Share 65 and over15.9 percent
- Working age population, 18 to 64315,239
- Civilian labor force272,856
- Unemployment rate8.0 percent
- Labor force participation, adults 18 and over68.6 percent
- Rank by population among New Jersey counties9th of 21
- Rank by population among US county-equivalents139th
Passaic County is the 9th largest of 21 New Jersey counties by population. A median home costs 5.3 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 23.6 percent against 15.9 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Passaic County
Is Passaic County growing
- Population change since the 2020 census base0.29 percent
- Census 2020 base population525,066
- Births, 20246,351
- Deaths, 20243,842
- Natural change, 20242,509
- Net domestic migration, 2024-5,848
- Net international migration, 20249,710
- Total net migration, 20243,862
- Cumulative net domestic migration, 2021 to 2024-30,394
- Rank by growth among US county-equivalents1722nd
The county has grown 0.29 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Passaic County
Where people moving to Passaic County come from
- Tax returns filed by households arriving10,629
- People arriving, from those returns17,955
- Adjusted gross income arriving$790.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$74,324
- Largest single originPassaic County Non-migrants (206,286 households)
- Largest single destination (206,286 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Passaic County Non-migrants | 206,286 | 406,250 | $16.23 bn |
| Bergen County | 2,845 | 4,911 | $216.2 m |
| Other flows - Different State | 1,382 | 2,248 | $74.9 m |
| Essex County | 1,175 | 1,921 | $89.8 m |
| Hudson County | 885 | 1,550 | $77.5 m |
| Morris County | 750 | 1,151 | $75.3 m |
| Other flows - South | 688 | 1,154 | $34.3 m |
| Bronx County | 585 | 1,093 | $25.4 m |
The largest single source of arrivals is Passaic County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Passaic County
What the Passaic County economy runs on
- County GDP, 2024$29.07 bn
- County GDP, 2023$27.67 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years34.0 percent
- Rank by GDP among New Jersey counties13th
- Rank by GDP among US county-equivalents200th
- GDP per resident$55,803
Output grew 5.1 percent in the latest year and 34.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Passaic County
Who employs people in Passaic County
- Covered employment, annual average170,830
- Establishments reporting15,191
- Average annual pay$63,668
- Average weekly wage$1,224
- Sector 62, employment30,642
- Sector 62, average annual pay$58,201
- Sector 44-45, employment22,488
- Sector 44-45, average annual pay$43,994
- Sector 31-33, employment18,322
- Sector 31-33, average annual pay$78,204
- Sector 56, employment12,990
- Sector 56, average annual pay$47,579
- Sector 72, employment11,394
- Sector 42, employment9,156
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 30,642 | 4,235 | $58,201 |
| Sector 44-45 | 22,488 | 1,686 | $43,994 |
| Sector 31-33 | 18,322 | 662 | $78,204 |
| Sector 56 | 12,990 | 871 | $47,579 |
| Sector 72 | 11,394 | 1,025 | $29,621 |
| Sector 42 | 9,156 | 711 | $78,647 |
| Sector 23 | 7,851 | 1,196 | $85,195 |
| Sector 81 | 6,933 | 1,144 | $42,496 |
The largest sector is the biggest private employer group at 30,642 jobs, 17.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Passaic County
What businesses operate in Passaic County
- Establishments, all industries12,406
- Employment at those establishments146,956
- Annual payroll$8.96 bn
- Establishments per 1,000 residents23.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Passaic County
What is being built in Passaic County
- Housing units authorised by permit, 2024852
- Declared construction value permitted$82.5 m
- Single family units authorised209
- Multifamily units authorised643
- Multifamily share of units75.5 percent
- Average declared value per unit$96,778
- Units authorised per 1,000 households4.8
Multifamily is 75.5 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Passaic County
How much SBA lending happens in Passaic County
- 7(a) approvals recorded689
- 7(a) gross approval dollars$283.4 m
- Average 7(a) approval$411,356
- Median 7(a) approval$120,000
- 10th percentile approval$20,000
- 90th percentile approval$1,260,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)5,926
- Jobs per approval8.6
- Distinct 7(a) lenders active78
- Distinct industries receiving approvals229
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.5 percent
- Loans on real estate terms93
- Loans on working capital terms, 120 months or shorter580
- Franchise loans36
- Franchise share of approvals5.2 percent
- Leading industry by approval countResidential Remodelers (26)
- Most active lenderTD Bank, National Association (183)
- 504 approvals recorded108
- 504 gross approval dollars$134.7 m
- Average 504 approval$1,247,093
- Median 504 approval$887,000
- Distinct CDCs active6
- 504 jobs per approval14.0
- 504 jobs per million dollars approved11.2
- Most active CDCTrenton Business Assistance Corporation (58)
- 7(a) share of SBA approvals86.4 percent
- Combined SBA approval dollars$418.1 m
The average approval of $411,356 sits well above the median of $120,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 13.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Passaic County
Do SBA loans in Passaic County get paid back
- Loans with a final outcome recorded126
- Paid in full95
- Charged off31
- Charge off rate on resolved loans24.6 percent
- Status: Paid in full95
- Status: Cancelled109
- Status: Exempt from disclosure404
- Status: Charged off31
- Status: Committed, not yet disbursed50
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 236118 | Residential Remodelers | 10 | 2 | 20.0% |
Of the 126 loans that have reached a final outcome, 24.6 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, Residential Remodelers carries the highest charge off rate at 20.0 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Passaic County
Which parts of Passaic County get the lending
- Places in the county with recorded lending31
- PATERSON, approvals169
- CLIFTON, approvals144
- Wayne, approvals88
- PASSAIC, approvals74
- HAWTHORNE, approvals40
- Totowa, approvals23
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PATERSON | 169 | $74,684,800 |
| CLIFTON | 144 | $57,642,600 |
| Wayne | 88 | $42,570,700 |
| PASSAIC | 74 | $27,435,200 |
| HAWTHORNE | 40 | $12,478,700 |
| Totowa | 23 | $8,787,600 |
| Little Falls | 22 | $8,934,700 |
| WOODLAND PARK | 19 | $9,615,700 |
PATERSON accounts for 169 approvals against 144 in CLIFTON. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Passaic County
How big is Passaic County
- Land area185 sq mi
- Rank by land area among New Jersey counties18th of 21
- Width, east to west19.5 mi
- Height, north to south26.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land2,816
- Establishments per square mile67.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Passaic County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Passaic County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population521,012
- Households178,936
- Average household size2.91
- Median household income$87,522
- Median age38.1
Common questions
Passaic County questions, answered from the record.
How many people live in Passaic County, New Jersey?
521,012, in 178,936 households, ranking 9th of 21 New Jersey counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Passaic County growing?
The population has grown 0.29 percent since the 2020 census base. In 2024 there were 6,351 births against 3,842 deaths, with net migration of 3,862. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Passaic County?
$87,522. The median owner-occupied home is valued at $459,500, which is 5.3 times income, and median gross rent is $1,621 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Passaic County?
12,406 establishments, employing 146,956 people with an annual payroll of $8.96 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Passaic County?
Average annual pay is $63,668, or $1,224 a week, across 170,830 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Passaic County?
689 7(a) approvals totalling $283.4 m since FY2020, across 78 lenders, with a median approval of $120,000, plus 108 504 approvals worth $134.7 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Passaic County get paid back?
Of the 126 loans that have reached a final outcome, 95 were paid in full and 31 charged off, a charge off rate of 24.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Passaic County?
852 housing units were authorised by permit in 2024, with a declared construction value of $82.5 m. Multifamily was 75.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Passaic County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Passaic County come from?
The largest single origin is Passaic County Non-migrants, with 206,286 households. Arriving households report an average income of $74,324 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Passaic County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Passaic County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.