Real Estate details: Montgomery IL vs Paterson NJ
RE Insights
| Metric | Montgomery | Paterson |
|---|---|---|
| Population | 21,799 | 156,661 |
| Median Home Price | $260,000 | $357,000 |
| Rent | 24% | 74% |
| Own | 76% | 26% |
Real Estate Insights Comparison: Montgomery vs Paterson
- The population in Paterson is greater at 156,661 compared to 21,799 in Montgomery.
- The median home price in Paterson is higher at $357,000 compared to $260,000 in Montgomery.
- The rent percentage in Paterson is higher at 74% compared to 24% in Montgomery.
- A greater percentage of homeowners in Montgomery at 76% compared to 26% in Paterson.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.