Census tract · Morris County
Census Tract 418.02, Morris County, New Jersey
Census Tract 418.02, GEOID 34027041802, in Morris County, New Jersey, mostly within Parsippany-Troy Hills Township (99% of its census blocks). 5,294 residents in the ACS 2020-2024 5-year estimates (±727); the 2020 Census counted 5,159.
Residents, 2020-2024
5,294
±727 (90% margin)
2020 Census count: 5,159
Median household income
$119,205
±$28,251 (90% margin)
Morris County: $137,326
Median home value
$512,800
±$46,058 (90% margin)
Morris County: $582,500
Median gross rent
not published
Morris County: $1,904
Where is Census Tract 418.02?
Census Tract 418.02 is one of 110 census tracts in Morris County, New Jersey. It covers 1.73 square miles of land, 2,980 residents per square mile in 2020. Its GEOID, 34027041802, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Parsippany-Troy Hills Township | 99% |
| Parsippany | 91% |
| Hanover Township | 1% |
6 census tracts border Census Tract 418.02: Tract 416.04 ($166,694), Tract 418.01 ($100,381), Tract 418.03 ($183,707), Tract 420 ($148,714), Tract 422 ($166,310) and Tract 423.02 ($154,202). 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 418.02?
The 2020-2024 American Community Survey puts Census Tract 418.02's population at 5,294 (±727) in 1,913 households; the 2020 Census counted 5,159 residents and 1,781 housing units.
| Measure | Tract 418.02 | Parsippany-Troy Hills Township |
|---|---|---|
| Total population | 5,294 ±727 | 56,397 |
| Households | 1,913 ±245 | 23,075 |
| Average household size | 2.76 ±0.23 | 2.40 |
| Housing units | 1,949 ±254 | 23,622 |
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 418.02?
The median resident of Census Tract 418.02 is 43.8 years old; 18.3% are under 18 and 22.7% are 65 or older. The largest group is non-Hispanic Asian residents at 44.7%, then non-Hispanic white residents at 38.5%. 47.8% of residents were born outside the United States.
| Measure | Tract 418.02 | Parsippany-Troy Hills Township |
|---|---|---|
| Median age | 43.8 ±3.8 | 42.5 |
| Under 18 years | 18.3% ±3.5 pts | 18.1% |
| 65 years and over | 22.7% ±4.8 pts | 19.0% |
| Hispanic or Latino (any race) | 13.8% ±3.9 pts | 9.2% |
| White alone, not Hispanic | 38.5% ±6.1 pts | 45.8% |
| Black or African American alone, not Hispanic | 0.6% ±1.0 pts | 3.0% |
| Asian alone, not Hispanic | 44.7% ±8.2 pts | 37.9% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.8 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Two or more races, not Hispanic | 2.2% ±1.6 pts | 3.5% |
| Some other race alone, not Hispanic | 0.2% ±0.7 pts | 0.4% |
| Born outside the United States | 47.8% ±7.1 pts | 37.9% |
| Speak a language other than English at home (age 5+) | 55.2% ±5.7 pts | 45.0% |
| Civilian veterans (age 18+) | 4.5% ±1.9 pts | 2.6% |
| With a disability | 11.7% ±3.6 pts | 9.9% |
| No health insurance coverage | 3.6% ±1.7 pts | 3.9% |
| High school graduate or higher (age 25+) | 89.2% ±3.9 pts | 93.3% |
| Bachelor's degree or higher (age 25+) | 50.5% ±6.3 pts | 60.5% |
| Graduate or professional degree (age 25+) | 21.9% ±4.8 pts | 26.5% |
| Lived in the same house a year earlier | 89.0% ±9.9 pts | 88.7% |
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 418.02 earn?
Half of the 1,913 households in Census Tract 418.02 earn less than $119,205 a year (±$28,251), against $137,326 across Morris County: 80th highest of the county's 109 tracts with a reliable estimate.
| Measure | Tract 418.02 | Parsippany-Troy Hills Township |
|---|---|---|
| Median household income | $119,205 ±$28,251 | $112,327 |
| Mean household income | $147,279 ±$18,456 | $146,673 |
| Per capita income | $54,271 ±$5,861 | $61,016 |
| People below the poverty line | 4.6% ±3.4 pts | 4.8% |
| Children under 18 below the poverty line | 3.9% ±5.8 pts | 3.4% |
| Households receiving SNAP | 3.5% ±2.6 pts | 4.9% |
| Households with a computer | 95.8% ±3.5 pts | 96.6% |
| Households with a broadband subscription | 96.8% ±3.4 pts | 95.5% |
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 418.02?
Owners occupy 92.5% of Census Tract 418.02's occupied homes and renters 7.5%. The median owner-occupied home is valued at $512,800 by its owner (±$46,058).
| Measure | Tract 418.02 | Parsippany-Troy Hills Township |
|---|---|---|
| Median home value (owner-occupied) | $512,800 ±$46,058 | $536,200 |
| Renters paying 35% or more of income on rent | 68.4% ±41.7 pts | 28.2% |
| Median monthly owner costs, with a mortgage | $2,686 ±$421 | $3,148 |
| Owner-occupied homes | 92.5% ±5.9 pts | 59.6% |
| Renter-occupied homes | 7.5% ±5.9 pts | 40.4% |
| Housing units | 1,949 ±254 | 23,622 |
| Single-family detached homes | 96.0% ±5.2 pts | 51.5% |
| Mobile homes | 0.0% ±2.3 pts | 0.1% |
| Built 2020 or later | 0.0% ±2.3 pts | 0.3% |
| Built 2010 to 2019 | 9.4% ±7.2 pts | 3.2% |
| Built 1939 or earlier | 5.7% ±2.9 pts | 5.4% |
| Households with no vehicle | 7.7% ±6.4 pts | 6.7% |
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 418.02 get to work?
57.4% of Census Tract 418.02's workers drive alone and 20.6% work from home. The average trip to work takes 27.2 minutes. The unemployment rate in 2020-2024 averaged 5.1%.
| Measure | Tract 418.02 | Parsippany-Troy Hills Township |
|---|---|---|
| In the labor force (age 16+) | 64.9% ±6.5 pts | 69.0% |
| Unemployment rate | 5.1% ±2.7 pts | 5.4% |
| Drove alone to work | 57.4% ±9.0 pts | 65.6% |
| Carpooled | 14.8% ±7.1 pts | 7.1% |
| Public transportation | 2.8% ±2.1 pts | 3.3% |
| Walked | 0.1% ±0.3 pts | 1.1% |
| Worked from home | 20.6% ±6.8 pts | 21.6% |
| Mean travel time to work | 27.2 min ±4.5 | 27.6 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 418.02 compare with the other tracts in Morris County?
Among Morris County's tracts with a reliable estimate, Census Tract 418.02 ranks as shown below (1 = highest).
| Measure | In Morris County |
|---|---|
| Population | 36th of 110 |
| Residents per square mile | 34th of 110 |
| Median household income | 80th of 109 |
| Per capita income | 92nd of 110 |
| Median home value | 69th of 110 |
| Bachelor's degree or higher | 82nd of 110 |
| Median age | 44th of 110 |
| Owner-occupied share | 22nd of 110 |
The tracts next to it on Morris County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 416.06 | 77th | $120,470±$18,651 · within the margin of this tract |
| Tract 417.04 | 78th | $120,458±$28,935 · within the margin of this tract |
| Tract 452 | 79th | $119,583±$16,169 · within the margin of this tract |
| Tract 418.02 | 80th | $119,205±$28,251 |
| Tract 446.02 | 81st | $114,179±$33,057 · within the margin of this tract |
| Tract 454.02 | 82nd | $112,679±$24,016 · within the margin of this tract |
| Tract 453 | 83rd | $112,598±$14,722 · 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 418.02?
2 of the 17 figures for Census Tract 418.02 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