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Place dossier plate
SheetNJ-PARSIPPANY-NJ · Parsippany, NJ 21,869 pop · income 79th pct · 110 tracts
Instrument codes from this place’s ACS population and household income, BEA state COL, FBI safety, national income percentile, photo-finish peer city, home-value band, and matched Census-tract book - not a moving recommendation.
Income neighbourhood around Parsippany
Lowest/highest poles plus peers nearest Parsippany on median household income. Full ladder: /browse and /rankings.
median HH income
Klamath Falls · lowest
47,268
Klamath Falls · lowest
47,268 median HH income
23.7% of the leader · rank #1
Orangetree · near
102,133
Orangetree · near
102,133 median HH income
51.3% of the leader · rank #2
Pray · near
102,143
Pray · near
102,143 median HH income
51.3% of the leader · rank #3
Oakley · near
102,143
Oakley · near
102,143 median HH income
51.3% of the leader · rank #4
Parsippany · this city
102,152
Parsippany · this city
102,152 median HH income
51.3% of the leader · rank #5
Whitmore · near
102,155
Whitmore · near
102,155 median HH income
51.3% of the leader · rank #6
Summit · highest
199,107
Summit · highest
199,107 median HH income
100.0% of the leader · rank #7
What this shows Neighbourhood peers only - not a full nationwide city board. Open a near peer when the gap is small; open the poles when the spread is wide.
Compare beyond this state
Nationwide peers by population, income
Out-of-state nearest neighbors for Parsippany on ACS population and median household income
. Link sets are deduped so each column is a distinct comparison path, not a forecast that peers share a labor market or climate.
Similar population
Nearest out-of-state cities by ACS population. This city: 21,869.
Out of every US city with 1,000+ residents, Parsippany places in the 79th percentile for household income. Source: Census ACS.
79th
percentile, household income
87th
percentile, home value
94th
percentile, median rent
📝 How we sourced this
Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.
Data Snapshot: Parsippany, NJ
New Jersey's Parsippany is a small city, with 21,869 residents per the latest Census Bureau ACS figures. The typical household in Parsippany brings in $102,152 a year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 5.6%. Parsippany's housing stock carries a median value of $540,800, and the median resident age is 41.4 years. About 60.0% of adults hold a bachelor's degree or higher, while 64.2% of working-age residents are in the labor force.
The city is served by 5 public schools according to NCES Common Core of Data.
New Jersey carries a cost-of-living premium: on BEA's 100-equals-national-average cost index, New Jersey scores 108.8 (Well Above Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $2,132 per month statewide. Monthly utility costs average around $275 across New Jersey, per EIA 2023 residential energy estimates. Natural-hazard exposure scores 90.8 out of 100 on FEMA's National Risk Index (Very High).
A decision-led reading path
Useful questions to ask of Parsippany's data
How this reading path is ordered
This is not a composite city score. It is a city-specific route through the available public records, ordered for this profile so the page starts with questions the joined data can actually answer. The route here runs from schools and households to comparison shortlist to housing and income to within-city variation to work and mobility; another city can have a different sequence or fewer supported layers because the source joins are not uniform.
For Parsippany, city-specific coverage includes matched public-school count, commute-mode shares, within-city Census tract profiles.
No matched row is reported here for local building permits, annual population history, FBI reported-crime rates; the page leaves those layers out instead of substituting a statewide or national value.
Question 1
What does the education layer cover for Parsippany?
The NCES join finds 5 public schools within the city match. 60.0% of adults age 25+ hold a bachelor's degree or higher in the ACS estimate. These measures answer different questions: the school count describes local institutions, while adult attainment describes residents and cannot be used as a school-quality rating.
The city has a broader matched school footprint, but count alone does not describe performance, capacity, program availability, or attendance boundaries. This profile deliberately avoids converting it into an unsupported family-friendliness score.
Which cities make useful reference points for Parsippany?
Within New Jersey, the closest population matches are Lindenwold (21,534 residents, $55,099 income); Secaucus (21,437 residents, $134,746 income); Hillsborough (22,302 residents, $142,275 income). Outside the state, the closest population matches in this dataset are Sedalia, MO (21,869 residents); Shelby, NC (21,868 residents); Klamath Falls, OR (21,879 residents). A third, income-matched reference set of 6 out-of-state cities sits in the income neighbourhood chart near the Place Dossier plate. These are mechanical peer sets, not claims that the places share a labor market, climate, culture, or metro context.
Use the in-state set to hold state policy and broad price conditions more nearly constant. Use the nationwide size set to ask whether cities with a similar resident count produce different housing, income, or commute outcomes. The income set is a third lens, deliberately separate from population matching.
How far does income reach against housing in Parsippany?
The home-value-to-income reference is comparatively stretched: the ACS median home value is 5.3 times median household income. The ACS poverty estimate is 5.6%, which keeps the citywide median from describing every household.
This is a citywide price-to-income reference, not a mortgage-affordability test; it does not include interest rates, taxes, insurance, household size, or an individual buyer's down payment. Housing value is high relative to the citywide income median. That flags a question for comparison, not a verdict: tenure, household composition, financing costs, and the age of the ACS estimate can all change what a resident actually pays.
What can 110 Census tracts reveal inside Parsippany?
That layer breaks the citywide income, rent, and home-value medians into smaller Census geographies, which can reveal differences that one municipal median necessarily hides. A tract is a statistical area, not a locally defined neighborhood or a promise about conditions on a particular block. Start with the city profile for the broad comparison, then use the tract layer to test whether the same housing and income pattern is consistent across the city. Large within-city spreads are a reason to avoid treating any citywide median as a universal resident experience.
PlainCities matches 110 Census tracts to this city.
These joined records add useful context, but they do not need another full-size panel. Each remains a separate measure with its own geography and source boundary.
Work and mobility
What does the journey to work look like in Parsippany?
Mode share answers how workers usually travel; it does not measure congestion, reliability, distance to a particular job, or the quality of transit service. Remote work has a visible role in the local pattern. That can reduce commute exposure for some workers, but it says nothing about job availability or broadband quality; read it alongside income and housing rather than as a stand-alone lifestyle score.
Driving alone is the largest reported mode at 69.1%. A reliable mean commute time is not available for this row, so the mode shares carry the comparison.
Public transit
3.4%
Work from home
16.2%
Drive alone
69.1%
City-level Census ACS commuting estimates covering 11,773 workers age 16+.
Comparative score against U.S. cities with population of 1,000 or more on Census ACS medians
(income, poverty, bachelor's share, cost of living) and FBI UCR violent-crime rates when
published. Higher means a stronger standing on those published figures, not a livability
rating, not a recommendation to move, buy, or pick a "best" city. Missing inputs drop out
and redistribute weight.
How it is calculated.
Bachelor's+ share A+
60.0%
Adults with a bachelor's degree or higher; ACS.
Household income B+
$102,152
Median household income vs U.S. cities (pop ≥1,000); ACS.
Poverty rate C+
5.6%
Share of residents below the poverty line; lower scores better on this axis.
Cost of living F
108.8 index
BEA state Regional Price Parities index (100 ≈ national average); lower is stronger on this axis. Same value for every city in the state.
Violent crime N/A
N/A
No FBI UCR violent-crime rate for this place (coverage is incomplete).
Parsippany profile (scored ACS/FBI dimensions)Read the chart values
Bachelor's+ share: 92/100 (A+) · 60.0%
Household income: 78/100 (B+) · $102,152
Poverty rate: 62/100 (C+) · 5.6%
Cost of living: 10/100 (F) · 108.8 index
How does Parsippany compare to other US cities?
Here's how Parsippany stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.
Household income79% higher than other cities
Home value87% pricier than other cities
Median rent94% pricier than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
How we calculate these percentiles & ranks
Each percentile compares Parsippany against every qualifying US city; each in-state rank narrows that to New Jersey only. Full formula and direction notes: methodology.
New Jersey-relative analysis
Median Gross Rent places Parsippany near the bottom of New Jersey's cities
Among the 686 New Jersey cities PlainCities tracks with reported median gross rent data, Parsippany ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Parsippany only against its own state's cities, not the full US field.
Median Household Income
#350 of 659
47th percentile in New Jersey
Median Gross Rent
#1 of 686
0th percentile in New Jersey
Median Home Value
#187 of 672
72nd percentile in New Jersey
Poverty Rate
#207 of 680
69th percentile in New Jersey
Bachelor's Degree or Higher
#161 of 686
76th percentile in New Jersey
How in-state ranks are ordered
Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within New Jersey only, not a livability score. See the methodology for the source and calculation.
Gauge source note
79th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.
How Parsippany's home value compares nationally
Median home value vs. every US city (population 1,000+)
$540,80013th percentilemore affordable than 13% of 15,600 US cities
Show national distribution
Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau ACS 5-Year Estimates · 2023
Parsippany's home-value-to-income ratio: 5.3×
ACS median home value divided by median household income.
Band
pressured
> 5.0×
National rank
#13,311 of 15,516
More affordable than 14% of tracked cities (pop. 1,000+)
Size class
#2,738 of 3,317
Small cities (10,000–49,999)
At 5.3×, Parsippany sits in the pressured band:
national rank #13,311 of 15,516 and #2,738 of 3,317small cities (10,000–49,999).
Housing value is high relative to the citywide income median, a comparison flag, not a verdict on any household.
How this ratio is calculated
Ratio = Census ACS 2023 median home value ÷ median household income for cities with both fields and population ≥ 1,000.
Rank 1 = lowest ratio (most compact). Bands match the fleet affordability thresholds used on guides (<3.0 / 3.0–5.0 / >5.0).
This is not a mortgage payment estimate and does not include rates, taxes, insurance, or down payment.
Income distribution context
$102,152Parsippany, NJ median household income (Census ACS)
Show U.S. national quintile / Lorenz context Parsippany, NJ median household income (Census ACS 5-year) with U.S. national quintile shares for context. Diagonal = equality; the curve is national, not computed for Parsippany, NJ.
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+)60.0%
Census ACS S1501, educational attainment
Poverty rate (households below FPL)5.6%
Census ACS S1701, poverty status
Labor force participation (adults 16+)64.2%
Census ACS S2301, share of working-age residents in the labor force
Population
21,869
Median Income
$102,152
Median Home Value
$540,800
Median Age
41.4
Poverty Rate
5.6%
Labor force participation
64.2%
Bachelor's Degree+
60.0%
Schools
Total Schools
5
Public schools in this city
Commute Patterns
Commute source
How workers travel to work, Census ACS 2023
Drive Alone
69.1%
Carpool
9.2%
Public Transit
3.4%
Walk
0.6%
Work from Home
16.2%
Other
1.5%
Based on 11,773 workers 16 and over.
Monthly Utility Costs
New Jersey statewide monthly utility average (EIA 2023): $275
EIA 2023 residential energy data puts average monthly utilities across New Jersey at $275 (electricity about $120 , water and sewer about $60 ).
These are New Jersey statewide averages, not a meter reading for Parsippany. Actual bills vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
New Jersey's BEA cost-of-living index is 108.8 (Well Above Average; US average = 100, RPP 2024). HUD Fair Market Rent for a typical two-bedroom in the county around Parsippany is $2,132/mo. FEMA's National Risk Index, averaged to New Jersey statewide on PlainCities, rates natural-hazard exposure at 90.8 / 100 (Very High).
Cost/risk geography note
Cost of living is a New Jersey statewide BEA average; rent is a county-level HUD Fair Market Rent for the county Parsippany sits in; the FEMA hazard score shown here is a statewide average of county NRI inputs, not a parcel-level reading.
How Parsippany compares to similar-size New Jersey cities
Same-state peer method
Closest same-state population matches, not geographic neighbors. Population + median household income come from Census Bureau ACS 5-year B01001 and B19013.
Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.