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Parsippany, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Parsippany.

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Community Insights

Highly Educated
36% bachelor's · 20% graduate
top 3% nationally
Amenity Score
78/100
highly walkable area
Leading Industries
Arts, Food & Hospitality · Healthcare · Professional Services
20% arts, food & hospitality
Home Value Growth⬆⬆⬆
+22.3% over 2 years
Young Adults
31% of residents
above average nationally
Renters
54% of occupied units

People & Demographics

Total Population21,560
Households—
Under 18
15.0%
Age 18–34
31.0%
Age 35–64
31.0%
Age 65+
23.0%
Veterans
2.0%
Active Duty
0.0%

Housing & Living

Median Home Value$564,302
Median Gross Rent$1,490/mo
Owner Occupied
45.9%
Renter Occupied
54.1%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$105,667
Poverty Rate—

Key Industries

Healthcare23.0%
Professional Services4.0%
Manufacturing0.0%
Retail14.0%
Education2.0%

Amenities & Transit

Transit Score74 / 100
Walkability / Amenities78 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
36.0%
Master's or Higher
20.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Parsippany?›

The total population of Parsippany is approximately 21,560. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Parsippany walkable and transit-friendly?›

Based on local geographic data, Parsippany has an amenity and walkability score of 78/100 and a transit score of 74/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Parsippany?›

The housing market in Parsippany is predominantly driven by renters, with 46% of housing units being owner-occupied and 54% being renter-occupied.

What is the education level of residents in Parsippany?›

In Parsippany, approximately 36% of adult residents hold a bachelor's degree or higher. Additionally, 20% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.