Median Household Income
$99,405 ± $4,789
Median Home Value
$555,400 ± $20,373
Median Gross Rent
$1,742 ± $41/mo
Per Capita Income
$57,518
Poverty Rate
6.7%
Unemployment Rate
6.2%
Homeownership Rate
48.4%
Bachelor's Degree or Higher
59.8%
Median Age
42.2
Average Commute
22 min
Households
9,095
Veterans
502
Population Over Time
Parsippany grew 4.4% from 2020 to 2024.
2020
20,439
2022
21,806
2024
21,345
Population by Race & Ethnicity
White
39.0%
Hispanic or Latino
10.4%
Black or African American
5.2%
Asian
45.2%
Nearby Cities in New Jersey
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.