Census tract · Morris County
Census Tract 418.01, Morris County, New Jersey
Census Tract 418.01, GEOID 34027041801, in Morris County, New Jersey, entirely within Parsippany and Parsippany-Troy Hills Township. 2,635 residents in the ACS 2020-2024 5-year estimates (±279); the 2020 Census counted 2,877.
Residents, 2020-2024
2,635
±279 (90% margin)
2020 Census count: 2,877
Median household income
$100,381
±$6,348 (90% margin)
Morris County: $137,326
Median home value
$468,900
±$25,945 (90% margin)
Morris County: $582,500
Median gross rent
$1,855
±$59 (90% margin)
Morris County: $1,904
Where is Census Tract 418.01?
Census Tract 418.01 is one of 110 census tracts in Morris County, New Jersey. It covers 0.50 square miles of land, 5,754 residents per square mile in 2020. Its GEOID, 34027041801, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Parsippany | 100% |
| Parsippany-Troy Hills Township | 100% |
4 census tracts border Census Tract 418.01: Tract 416.03 ($91,364), Tract 416.04 ($166,694), Tract 418.02 ($119,205) and Tract 418.03 ($183,707). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 418.01?
The 2020-2024 American Community Survey puts Census Tract 418.01's population at 2,635 (±279) in 1,202 households; the 2020 Census counted 2,877 residents and 1,191 housing units.
| Measure | Tract 418.01 | Parsippany |
|---|---|---|
| Total population | 2,635±279 | 21,345 |
| Households | 1,202±115 | 9,095 |
| Average household size | 2.19±0.16 | 2.34 |
| Housing units | 1,202±115 | 9,400 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 418.01?
The median resident of Census Tract 418.01 is 35.3 years old; 12.8% are under 18 and 15.0% are 65 or older. The largest group is non-Hispanic Asian residents at 45.9%, then non-Hispanic white residents at 36.2%. 44.6% of residents were born outside the United States.
| Measure | Tract 418.01 | Parsippany |
|---|---|---|
| Median age | 35.3±3.6 | 42.2 |
| Under 18 years | 12.8%±2.2 pts | 16.6% |
| 65 years and over | 15.0%±3.2 pts | 21.4% |
| Hispanic or Latino (any race) | 10.6%±7.3 pts | 10.4% |
| White alone, not Hispanic | 36.2%±8.5 pts | 37.0% |
| Black or African American alone, not Hispanic | 6.2%±4.7 pts | 4.8% |
| Asian alone, not Hispanic | 45.9%±7.7 pts | 45.2% |
| American Indian and Alaska Native alone, not Hispanic | 0.0%±1.7 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±1.7 pts | 0.0% |
| Two or more races, not Hispanic | 1.0%±1.0 pts | 2.5% |
| Some other race alone, not Hispanic | 0.0%±1.7 pts | 0.1% |
| Born outside the United States | 44.6%±6.7 pts | 44.7% |
| Speak a language other than English at home (age 5+) | 57.4%±8.2 pts | 53.0% |
| Civilian veterans (age 18+) | 1.1%±1.1 pts | 2.8% |
| With a disability | 15.0%±5.2 pts | 12.5% |
| No health insurance coverage | 5.8%±4.8 pts | 4.7% |
| High school graduate or higher (age 25+) | 96.8%±2.3 pts | 91.6% |
| Bachelor's degree or higher (age 25+) | 70.0%±5.1 pts | 59.8% |
| Graduate or professional degree (age 25+) | 33.7%±7.3 pts | 25.5% |
| Lived in the same house a year earlier | 84.4%±6.2 pts | 86.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 418.01 earn?
Half of the 1,202 households in Census Tract 418.01 earn less than $100,381 a year (±$6,348), against $137,326 across Morris County: 92nd highest of the county's 109 tracts with a reliable estimate.
| Measure | Tract 418.01 | Parsippany |
|---|---|---|
| Median household income | $100,381±$6,348 | $99,405 |
| Mean household income | $117,259±$14,187 | $132,945 |
| Per capita income | $54,544±$7,530 | $57,518 |
| People below the poverty line | 1.9%±1.4 pts | 6.7% |
| Children under 18 below the poverty line | 0.0%±12.5 pts | 3.4% |
| Households receiving SNAP | 6.4%±5.1 pts | 7.7% |
| Households with a computer | 98.5%±1.8 pts | 94.2% |
| Households with a broadband subscription | 95.8%±3.7 pts | 93.4% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 418.01?
Owners occupy 31.6% of Census Tract 418.01's occupied homes and renters 68.4%. The median owner-occupied home is valued at $468,900 by its owner (±$25,945). The median renter pays $1,855 a month including utilities, and 25.1% of renters pay 35% or more of their income on rent.
| Measure | Tract 418.01 | Parsippany |
|---|---|---|
| Median home value (owner-occupied) | $468,900±$25,945 | $555,400 |
| Median gross rent | $1,855±$59 | $1,742 |
| Renters paying 35% or more of income on rent | 25.1%±9.9 pts | 32.3% |
| Median monthly owner costs, with a mortgage | $2,811±$195 | $3,145 |
| Owner-occupied homes | 31.6%±6.9 pts | 48.4% |
| Renter-occupied homes | 68.4%±6.9 pts | 51.6% |
| Housing units | 1,202±115 | 9,400 |
| Single-family detached homes | 31.4%±6.7 pts | 47.7% |
| Mobile homes | 0.0%±3.7 pts | 0.1% |
| Built 2020 or later | 0.5%±0.9 pts | 0.1% |
| Built 2010 to 2019 | 3.1%±2.9 pts | 4.1% |
| Built 1939 or earlier | 0.3%±0.6 pts | 3.8% |
| Households with no vehicle | 3.9%±3.2 pts | 12.6% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 418.01 get to work?
66.1% of Census Tract 418.01's workers drive alone and 22.4% work from home. The average trip to work takes 27.3 minutes. The unemployment rate in 2020-2024 averaged 5.5%.
| Measure | Tract 418.01 | Parsippany |
|---|---|---|
| In the labor force (age 16+) | 77.0%±4.6 pts | 67.1% |
| Unemployment rate | 5.5%±3.2 pts | 6.2% |
| Drove alone to work | 66.1%±10.4 pts | 66.1% |
| Carpooled | 7.5%±5.0 pts | 8.8% |
| Public transportation | 2.9%±3.0 pts | 3.3% |
| Walked | 0.0%±2.7 pts | 0.6% |
| Worked from home | 22.4%±8.9 pts | 19.7% |
| Mean travel time to work | 27.3 min±7.5 | 27.5 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 418.01 compare with the other tracts in Morris County?
Among Morris County's tracts with a reliable estimate, Census Tract 418.01 ranks as shown below (1 = highest).
| Measure | In Morris County | In Parsippany |
|---|---|---|
| Population | 104th of 110 | 6th of 7 |
| Residents per square mile | 10th of 110 | 1st of 7 |
| Median household income | 92nd of 109 | 4th of 6 |
| Per capita income | 90th of 110 | 6th of 7 |
| Median home value | 81st of 110 | 7th of 7 |
| Median gross rent | 59th of 97 | 2nd of 6 |
| Bachelor's degree or higher | 27th of 110 | 1st of 7 |
| Median age | 102nd of 110 | 7th of 7 |
| Owner-occupied share | 107th of 110 | 6th of 7 |
The tracts next to it on Morris County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 417.02 | 89th | $103,050±$25,404 · within the margin of this tract |
| Tract 404 | 90th | $102,950±$10,103 · within the margin of this tract |
| Tract 417.01 | 91st | $100,417±$19,471 · within the margin of this tract |
| Tract 418.01 | 92nd | $100,381±$6,348 |
| Tract 405 | 93rd | $99,452±$17,994 · within the margin of this tract |
| Tract 403.01 | 94th | $99,276±$20,635 · within the margin of this tract |
| Tract 461.08 | 95th | $96,370±$21,051 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 418.01?
3 of the 18 figures for Census Tract 418.01 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections