Parsippany, NJ vs Fort Lee, NJ — Compare Cost of Living, Housing, Crime & More

Population

Parsippany

21,869

Fort Lee

39,818

Median Income

Parsippany

$102,152

Fort Lee

$105,535

Home Value

Parsippany

$540,800

Fort Lee

$422,200

Rent

Parsippany

$1,732

Fort Lee

$2,255

Crime Rate

Parsippany

N/A

Fort Lee

1.31

Cost of Living

Parsippany

181.2

Fort Lee

183.0

Avg Temp

Parsippany

N/A

Fort Lee

N/A

Unemployment

Parsippany

5.4%

Fort Lee

5.0%

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How Similar Are Parsippany & Fort Lee?

Fort Lee is Parsippany's #4 most similar city

6/8

6 of 8 key metrics match within 10%

Population

👥

Parsippany

21,869

Fort Lee

39,818

Different · 45% difference

Fort Lee has a 45% larger population than Parsippany.

Political Leaning

Parsippany

50.4%

Fort Lee

47.3%

Match · 6% difference

🗳️

Parsippany leans Republican while Fort Lee leans Democratic.

Unemployment

💼

Parsippany

5.4%

Fort Lee

5.0%

Match · 8% difference

Both cities have similar unemployment — just a 8% difference.

Median Income

Parsippany

$102,152

Fort Lee

$105,535

Match · 3% difference

💰

Both cities have similar median income — just a 3% difference.

Home Values

🏠

Parsippany

$540,800

Fort Lee

$422,200

Different · 22% difference

Parsippany has a 22% higher home values than Fort Lee.

Education

Parsippany

45.7%

Fort Lee

50.5%

Match · 10% difference

🎓

Both cities have similar education — just a 10% difference.

Demographics

🌍

Parsippany

43.0%

Fort Lee

40.5%

Match · 6% difference

Both cities have similar demographics — just a 6% difference.

Cost of Living

Parsippany

181.2

Fort Lee

183.0

Match · 1% difference

💵

Both cities have similar cost of living — just a 1% difference.

6 out of 8 key metrics match within 10%. Parsippany and Fort Lee share several key characteristics.

At a Glance

Parsippany

vsof 8

Fort Lee

Fort Lee leads in 3 of 8 categories

Cost of Living & Affordability

Parsippany

Housing Market

Parsippany

Jobs & Economy

Fort Lee

Crime & Safety

Tied

Weather & Climate

Tied

Schools & Education

Fort Lee

Healthcare

Tied

Transportation & Commute

Fort Lee

Cost of Living & Affordability — Parsippany leads

Source: City Stats Index / HUD

Fort Lee scores 139.9 on the transportation index (100 = national avg) vs 156.2 in Parsippany. Parsippany has a fair market rent (1br) of $1,822 vs $2,024 in Fort Lee (10% lower). Parsippany has a fair market rent (2br) of $2,205 vs $2,324 in Fort Lee (5% lower).

Overall Cost Index

Parsippany181.2

★

Fort Lee183.0

Housing Index

Parsippany252.0

★

Fort Lee259.3

Food Index

Parsippany128.1

★

Fort Lee130.7

Transportation Index

Parsippany156.2

Fort Lee139.9

★

Healthcare Index

Parsippany122.5

★

Fort Lee124.5

Utilities Index

Parsippany147.2

★

Fort Lee150.3

Living Wage (1 Adult)

Parsippany$79,737

★

Fort Lee$80,533

Living Wage (Family of 4)

Parsippany$188,469

★

Fort Lee$190,351

Fair Market Rent (1BR)

Parsippany$1,822

★

Fort Lee$2,024

Fair Market Rent (2BR)

Parsippany$2,205

★

Fort Lee$2,324

Housing Market — Parsippany leads

Source: U.S. Census Bureau ACS

Parsippany has a single-family homes of 51.3% compared to 20.2% in Fort Lee. Parsippany has a vacancy rate of 3.3% compared to 6.2% in Fort Lee. Parsippany has a median home value of $540,800 vs $422,200 in Fort Lee (28% higher).

Median Home Value

Parsippany$540,800

★

Fort Lee$422,200

Median Rent

Parsippany$1,732

★

Fort Lee$2,255

Median Property Tax

Parsippany$10,001

Fort Lee$8,899

★

Owner-Occupied

Parsippany49.3%

Fort Lee57.5%

★

Vacancy Rate

Parsippany3.3%

★

Fort Lee6.2%

Single-Family Homes

Parsippany51.3%

★

Fort Lee20.2%

Jobs & Economy — Fort Lee leads

Source: U.S. Census Bureau ACS

Fort Lee: 21,329 vs Parsippany: 12,625 for labor force. Parsippany has a poverty rate of 5.9% compared to 8.4% in Fort Lee. Fort Lee has a work from home of 19.6% compared to 16.2% in Parsippany.

Median Household Income

Parsippany$102,152

Fort Lee$105,535

★

Per Capita Income

Parsippany$55,467

Fort Lee$65,753

★

Poverty Rate

Parsippany5.9%

★

Fort Lee8.4%

Unemployment Rate

Parsippany5.4%

Fort Lee5.0%

★

Labor Force

Parsippany12,625

Fort Lee21,329

★

Mean Commute

ParsippanyN/A

Fort Lee28 min

Work from Home

Parsippany16.2%

Fort Lee19.6%

★

Private Sector

ParsippanyN/A

Fort Lee95.1%

Government Sector

Parsippany48.8%

★

Fort Lee44.8%

Crime & Safety

Source: FBI UCR

Violent Crime Rate (per 1K)

ParsippanyN/A

Fort Lee1.31

Property Crime Rate (per 1K)

ParsippanyN/A

Fort Lee11.00

Murder Rate (per 1K)

ParsippanyN/A

Fort Lee0.00

Robbery Rate (per 1K)

ParsippanyN/A

Fort Lee0.35

Assault Rate (per 1K)

ParsippanyN/A

Fort Lee0.82

Burglary Rate (per 1K)

ParsippanyN/A

Fort Lee1.53

Larceny Rate (per 1K)

ParsippanyN/A

Fort Lee7.99

Violent Crime Clearance

ParsippanyN/A

Fort Lee41.5%

Property Crime Clearance

ParsippanyN/A

Fort Lee7.6%

Weather & Climate

Source: NOAA / Open-Meteo

Avg Annual Temperature

ParsippanyN/A

Fort LeeN/A

Avg Annual High

ParsippanyN/A

Fort LeeN/A

Avg Annual Low

ParsippanyN/A

Fort LeeN/A

Sunny Days per Year

ParsippanyN/A

Fort LeeN/A

Annual Rainfall

ParsippanyN/A

Fort LeeN/A

Annual Snowfall

ParsippanyN/A

Fort LeeN/A

Avg Humidity

ParsippanyN/A

Fort LeeN/A

Schools & Education — Fort Lee leads

Source: NCES / U.S. Census Bureau

Fort Lee has a bachelor's degree or higher of 50.5% compared to 45.7% in Parsippany. Fort Lee has a high school diploma or higher of 62.1% compared to 58.3% in Parsippany.

Public Schools

Parsippany0

Fort Lee0

Avg Student-Teacher Ratio

ParsippanyN/A

Fort LeeN/A

Colleges & Universities

Parsippany0

Fort Lee0

Bachelor's Degree or Higher

Parsippany45.7%

Fort Lee50.5%

★

High School Diploma or Higher

Parsippany58.3%

Fort Lee62.1%

★

Demographics & Community

Source: U.S. Census Bureau ACS

Fort Lee has a population of 39,818, about 1.8x the size of Parsippany (21,869). Parsippany skews younger with a median age of 41.4 vs 47.2.

Population

Parsippany21,869

Fort Lee39,818

Median Age

Parsippany41

Fort Lee47

Avg Household Size

Parsippany2.4

Fort Lee2.2

Married Population

Parsippany53.9%

Fort Lee47.9%

Foreign Born

Parsippany44.3%

Fort Lee50.4%

White

Parsippany43.0%

Fort Lee40.5%

Black

Parsippany3.9%

Fort Lee2.8%

Hispanic

Parsippany8.7%

Fort Lee12.4%

Asian

Parsippany45.5%

Fort Lee44.1%

Parsippany

Fort Lee

Healthcare

Source: CMS Hospital Compare

Parsippany: 3.7 vs Fort Lee: 2.8 for avg cms rating (out of 5). Fort Lee: 4 vs Parsippany: 3 for with emergency services.

Nearby Hospitals

Parsippany5

Fort Lee5

Avg CMS Rating (out of 5)

Parsippany3.7

★

Fort Lee2.8

With Emergency Services

Parsippany3

Fort Lee4

★

Transportation & Commute — Fort Lee leads

Source: U.S. Census Bureau ACS

Fort Lee has a public transit of 20.7% compared to 3.4% in Parsippany. Parsippany has a drive alone of 69.1% compared to 47.0% in Fort Lee. Fort Lee has a work from home of 19.6% compared to 16.2% in Parsippany.

Mean Commute Time

ParsippanyN/A

Fort Lee28 min

Drive Alone

Parsippany69.1%

★

Fort Lee47.0%

Public Transit

Parsippany3.4%

Fort Lee20.7%

★

Bicycle

Parsippany0.6%

Fort Lee0.6%

★

Work from Home

Parsippany16.2%

Fort Lee19.6%

★

Airports

Parsippany0

Fort Lee0

Cities Similar to Parsippany, NJ

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🧬

City Comparison

8-axis fingerprint: population, income, housing, crime, education, age, climate, and cost of living. Click legend items to toggle.

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