Small Business in Paterson

The city's median age is 33, and the average household size is 3.14, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $53,766, reflecting the community’s purchasing power and potential demand for various services. Paterson supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 5892 operating businesses.

Industries overview
Number of companies by home service industry in Paterson
New websites
490
+6.06%
in 2024 compared to 2023
Total websites
5,049
+10.85% (+490)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Paterson
Profile Launched
Kohan-Allen Electric Inc
Mar, 2025
First Roofing
Nov, 2023
Pacific Lawn Sprinkler Wayne NJ
Feb, 2020