Parsippany-Troy Hills Twp., NJ Overview

The active, bustling community of Parsippany-Troy Hills features six major residential areas where a complete complement of housing features a wide range of styles and price ranges.  Four major highways bisect the township, which has seen rapid growth in recent decades in both residential and business sectors.  More than 70 major firms have chosen Parsippany-Troy Hills as the place to expand or relocate.  An excellent education system, local cultural amenities, attractive recreational facilities, and strong sense of community pride continue to attract newcomers to this thriving area.  Transportation efficiencies include Interstates 287, 280 and 80 as well as commuter bus to New York City. Recreational opportunities are diverse and include lush parks, playgrounds, athletic fields, league sports, private sports clubs, and a golf course.


Population Growth (since 2000) 7%
Population Density (ppl / mile) 2,292.00
Household Size (ppl) 2.549
Households w/ Children 30%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 39%
Median Year in Residency 3.85

Housing Inventory

Parsippany-Troy Hills Twp., NJ Housing Inventory 13,077 1,100 7,775 13,077 1,100 7,775

Market Overview

145 listings with an estimated median price of $599,000

Price Count
$0 - 100K 17
$100K - 200K 3
$200K - 300K 17
$300K - 400K 8
$400K - 500K 14
$500K - 600K 16
$600K - 700K 15
$700K - 800K 24
$800K - 900K 5
$900K - 1M 6
$1M - Max 20
Property Type Count
Single Family 86
Condo 27
Commercial 24
Rental 32
Lots and Land 8

(Data as of 5/25/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Parsippany-Troy Hills Twp., NJ Population Demographics

Total: 54,015


Median Age: 42.55

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Parsippany-Troy Hills Twp., NJ Temperature

Weather Risk

Parsippany-Troy Hills Twp., NJ Weather Risk


The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Parsippany-Troy Hills Twp., NJ Education Climate Index

Highest Education Level Attained

Parsippany-Troy Hills Twp., NJ Highest Education Level Attained 8,013 4,587 2,260 1,429 1,154 8,552 12,309 8,013 4,587 2,260 1,429 1,154 8,552

Employment and Finance


Parsippany-Troy Hills Twp., NJ Workforce

Income by dollar range (Median Income: $91,644)

Parsippany-Troy Hills Twp., NJ Income by dollar range 623 461 504 575 482 547 548 551 551 1,437 2,030 3,030 2,593 1,922 2,786 1,239 531 442

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

One Bedroom
Two Bedroom
Three Bedroom
Four Bedroom

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.



The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Parsippany-Troy Hills Twp., NJ Crime

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