Top Industries in Paterson
Paterson is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Paterson include:
Healthcare
Healthcare remains a cornerstone of Paterson's economy, with a steady demand for medical professionals and support staff.
Range: $50-$120k
Growth rate: 5%
Manufacturing
Paterson's rich history in manufacturing continues to thrive, with opportunities in textiles and advanced manufacturing.
Range: $40-$90k
Growth rate: 3%
Technology
The technology sector in Paterson is expanding, with a focus on software development and IT services.
Range: $70-$150k
Growth rate: 8%
Education
Education is a vital sector in Paterson, offering numerous opportunities for educators and administrative staff.
Range: $45-$100k
Growth rate: 4%
Retail
Retail continues to be a significant employer in Paterson, with a variety of roles in sales and management.
Range: $30-$70k
Growth rate: 2%
Employment Trends and Growth Rates
Paterson is witnessing a steady job growth rate, particularly in technology and healthcare sectors.
The city's employment trends indicate a shift towards more specialized roles, with a growing demand for skilled professionals.
Income inequality remains a concern, with efforts underway to bridge the gap through education and training programs.
Job turnover rates are moderate, with many workers seeking stability in emerging industries.
Job Market for Remote and Freelance Workers in Paterson
Remote work is gaining popularity in Paterson, with approximately 35% of the workforce engaged in remote roles.
The technology and marketing sectors are leading the charge in offering remote positions.
Local companies like Tech Innovators LLC are increasingly providing remote work options to attract top talent.
City-specific job boards are beginning to feature more remote opportunities, reflecting national trends.
Job Resources and Networking
Paterson offers a variety of job resources, including local job boards and career fairs.
The Paterson Career Center provides workshops and job placement programs to assist job seekers.
Verified local job boards include PatersonJobs.com and NJJobMarket.com.
Entrepreneurial hubs and incubators are available for those interested in starting their own businesses.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings