Census tract · Morris County
Census Tract 418.03, Morris County, New Jersey
Census Tract 418.03, GEOID 34027041803, in Morris County, New Jersey, entirely within Parsippany-Troy Hills Township. 5,179 residents in the ACS 2020-2024 5-year estimates (±490); the 2020 Census counted 5,092.
Residents, 2020-2024
5,179
±490 (90% margin)
2020 Census count: 5,092
Median household income
$183,707
±$12,378 (90% margin)
Morris County: $137,326
Median home value
$650,500
±$22,941 (90% margin)
Morris County: $582,500
Median gross rent
$3,108
±$944 (90% margin)
Morris County: $1,904
Where is Census Tract 418.03?
Census Tract 418.03 is one of 110 census tracts in Morris County, New Jersey. It covers 6.22 square miles of land, 818 residents per square mile in 2020. Its GEOID, 34027041803, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Parsippany-Troy Hills Township | 100% |
| Troy Hills | 68% |
| Parsippany | 16% |
7 census tracts border Census Tract 418.03: Tract 417.04 ($120,458), Tract 417.05, Tract 417.06 ($86,452), Tract 418.01 ($100,381), Tract 418.02 ($119,205), Tract 419.01 ($143,750) and Tract 420 ($148,714). 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 418.03?
The 2020-2024 American Community Survey puts Census Tract 418.03's population at 5,179 (±490) in 1,632 households; the 2020 Census counted 5,092 residents and 1,621 housing units.
| Measure | Tract 418.03 | Parsippany-Troy Hills Township |
|---|---|---|
| Total population | 5,179 ±490 | 56,397 |
| Households | 1,632 ±153 | 23,075 |
| Average household size | 3.06 ±0.23 | 2.40 |
| Housing units | 1,682 ±144 | 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 418.03?
The median resident of Census Tract 418.03 is 46.5 years old; 22.8% are under 18 and 20.1% are 65 or older. The largest group is non-Hispanic Asian residents at 50.1%, then non-Hispanic white residents at 43.4%. 41.6% of residents were born outside the United States.
| Measure | Tract 418.03 | Parsippany-Troy Hills Township |
|---|---|---|
| Median age | 46.5 ±2.0 | 42.5 |
| Under 18 years | 22.8% ±3.0 pts | 18.1% |
| 65 years and over | 20.1% ±2.5 pts | 19.0% |
| Hispanic or Latino (any race) | 3.1% ±2.8 pts | 9.2% |
| White alone, not Hispanic | 43.4% ±5.7 pts | 45.8% |
| Black or African American alone, not Hispanic | 0.5% ±0.6 pts | 3.0% |
| Asian alone, not Hispanic | 50.1% ±5.0 pts | 37.9% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.9 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.9 pts | 0.0% |
| Two or more races, not Hispanic | 2.8% ±3.0 pts | 3.5% |
| Some other race alone, not Hispanic | 0.0% ±0.9 pts | 0.4% |
| Born outside the United States | 41.6% ±5.4 pts | 37.9% |
| Speak a language other than English at home (age 5+) | 54.2% ±6.2 pts | 45.0% |
| Civilian veterans (age 18+) | 3.0% ±1.6 pts | 2.6% |
| With a disability | 6.2% ±2.4 pts | 9.9% |
| No health insurance coverage | 2.9% ±2.2 pts | 3.9% |
| High school graduate or higher (age 25+) | 94.4% ±2.5 pts | 93.3% |
| Bachelor's degree or higher (age 25+) | 63.5% ±5.4 pts | 60.5% |
| Graduate or professional degree (age 25+) | 34.4% ±6.3 pts | 26.5% |
| Lived in the same house a year earlier | 95.6% ±2.3 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 418.03 earn?
Half of the 1,632 households in Census Tract 418.03 earn less than $183,707 a year (±$12,378), against $137,326 across Morris County: 24th highest of the county's 109 tracts with a reliable estimate. 6.0% of residents live below the poverty line.
| Measure | Tract 418.03 | Parsippany-Troy Hills Township |
|---|---|---|
| Median household income | $183,707 ±$12,378 | $112,327 |
| Mean household income | $189,308 ±$15,697 | $146,673 |
| Per capita income | $60,728 ±$6,109 | $61,016 |
| People below the poverty line | 6.0% ±3.5 pts | 4.8% |
| Children under 18 below the poverty line | 6.0% ±7.3 pts | 3.4% |
| Households receiving SNAP | 1.1% ±1.4 pts | 4.9% |
| Households with a computer | 98.6% ±1.5 pts | 96.6% |
| Households with a broadband subscription | 98.5% ±1.6 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 418.03?
Owners occupy 92.8% of Census Tract 418.03's occupied homes and renters 7.2%. The median owner-occupied home is valued at $650,500 by its owner (±$22,941). The median renter pays $3,108 a month including utilities.
| Measure | Tract 418.03 | Parsippany-Troy Hills Township |
|---|---|---|
| Median home value (owner-occupied) | $650,500 ±$22,941 | $536,200 |
| Median gross rent | $3,108 ±$944 | $1,736 |
| Renters paying 35% or more of income on rent | 33.0% ±30.7 pts | 28.2% |
| Median monthly owner costs, with a mortgage | $3,432 ±$282 | $3,148 |
| Owner-occupied homes | 92.8% ±3.9 pts | 59.6% |
| Renter-occupied homes | 7.2% ±3.9 pts | 40.4% |
| Housing units | 1,682 ±144 | 23,622 |
| Single-family detached homes | 81.3% ±6.2 pts | 51.5% |
| Mobile homes | 0.0% ±2.6 pts | 0.1% |
| Built 2020 or later | 0.0% ±2.6 pts | 0.3% |
| Built 2010 to 2019 | 8.7% ±4.8 pts | 3.2% |
| Built 1939 or earlier | 1.5% ±2.2 pts | 5.4% |
| Households with no vehicle | 2.7% ±2.1 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 418.03 get to work?
60.9% of Census Tract 418.03's workers drive alone and 22.7% work from home. The average trip to work takes 29.0 minutes.
| Measure | Tract 418.03 | Parsippany-Troy Hills Township |
|---|---|---|
| In the labor force (age 16+) | 66.2% ±4.4 pts | 69.0% |
| Unemployment rate | 0.9% ±1.1 pts | 5.4% |
| Drove alone to work | 60.9% ±6.7 pts | 65.6% |
| Carpooled | 5.8% ±3.2 pts | 7.1% |
| Public transportation | 5.9% ±4.0 pts | 3.3% |
| Walked | 3.3% ±4.7 pts | 1.1% |
| Worked from home | 22.7% ±5.4 pts | 21.6% |
| Mean travel time to work | 29.0 min ±3.9 | 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 418.03 compare with the other tracts in Morris County?
Among Morris County's tracts with a reliable estimate, Census Tract 418.03 ranks as shown below (1 = highest).
| Measure | In Morris County |
|---|---|
| Population | 39th of 110 |
| Residents per square mile | 90th of 110 |
| Median household income | 24th of 109 |
| Per capita income | 71st of 110 |
| Median home value | 39th of 110 |
| Median gross rent | 9th of 97 |
| Poverty rate | 21st of 46 |
| Bachelor's degree or higher | 46th of 110 |
| Median age | 21st of 110 |
| Owner-occupied share | 21st of 110 |
The tracts next to it on Morris County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 416.05 | 21st | $184,469±$23,832 · within the margin of this tract |
| Tract 425 | 22nd | $184,261±$43,336 · within the margin of this tract |
| Tract 415 | 23rd | $184,141±$29,506 · within the margin of this tract |
| Tract 418.03 | 24th | $183,707±$12,378 |
| Tract 462.97 | 25th | $183,594±$46,473 · within the margin of this tract |
| Tract 407.01 | 26th | $183,563±$48,672 · within the margin of this tract |
| Tract 434.01 | 27th | $182,235±$40,310 · 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 418.03?
2 of the 18 figures for Census Tract 418.03 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