Population

Parsippany

21,869

Miami Lakes

30,731

Median Income

Parsippany

$102,152

Miami Lakes

$97,255

Home Value

Parsippany

$540,800

Miami Lakes

$577,300

Rent

Parsippany

$1,732

Miami Lakes

$2,024

Crime Rate

Parsippany

N/A

Miami Lakes

1.02

Cost of Living

Parsippany

181.2

Miami Lakes

176.4

Avg Temp

Parsippany

N/A

Miami Lakes

N/A

Unemployment

Parsippany

5.4%

Miami Lakes

3.5%

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How Similar Are Parsippany & Miami Lakes?

Miami Lakes is Parsippany's #18 most similar city

5/8

5 of 8 key metrics match within 10%

Population

👥

Parsippany

21,869

vs

Miami Lakes

30,731

Different · 29% difference

Miami Lakes has a 29% larger population than Parsippany.

Political Leaning

Parsippany

50.4%

vs

Miami Lakes

55.4%

Match · 9% difference
🗳️

Both cities lean Republican with similar vote shares — 9% difference.

Unemployment

💼

Parsippany

5.4%

vs

Miami Lakes

3.5%

Different · 35% difference

Parsippany has a 35% higher unemployment than Miami Lakes.

Median Income

Parsippany

$102,152

vs

Miami Lakes

$97,255

Match · 5% difference
💰

Both cities have similar median income — just a 5% difference.

Home Values

🏠

Parsippany

$540,800

vs

Miami Lakes

$577,300

Match · 6% difference

Both cities have similar home values — just a 6% difference.

Education

Parsippany

45.7%

vs

Miami Lakes

30.9%

Different · 32% difference
🎓

Parsippany has a 32% higher education than Miami Lakes.

Demographics

🌍

Parsippany

43.0%

vs

Miami Lakes

38.8%

Match · 10% difference

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

Cost of Living

Parsippany

181.2

vs

Miami Lakes

176.4

Match · 3% difference
💵

Both cities have similar cost of living — just a 3% difference.

5 out of 8 key metrics match within 10%. Parsippany and Miami Lakes share several key characteristics.

At a Glance

0

Parsippany

vsof 8

0

Miami Lakes

Parsippany leads in 3 of 8 categories

Cost of Living & Affordability — Miami Lakes leads

Source: City Stats Index / HUD

Parsippany has a fair market rent (2br) of $2,205 vs $2,436 in Miami Lakes (9% lower). Parsippany has a fair market rent (1br) of $1,822 vs $1,995 in Miami Lakes (9% lower). Miami Lakes scores 148.7 on the transportation index (100 = national avg) vs 156.2 in Parsippany.

Overall Cost Index

Parsippany181.2
Miami Lakes176.4

Housing Index

Parsippany252.0
Miami Lakes247.8

Food Index

Parsippany128.1
Miami Lakes124.3

Transportation Index

Parsippany156.2
Miami Lakes148.7

Healthcare Index

Parsippany122.5
Miami Lakes119.5

Utilities Index

Parsippany147.2
Miami Lakes144.2

Living Wage (1 Adult)

Parsippany$79,737
Miami Lakes$77,596

Living Wage (Family of 4)

Parsippany$188,469
Miami Lakes$183,408

Fair Market Rent (1BR)

Parsippany$1,822
Miami Lakes$1,995

Fair Market Rent (2BR)

Parsippany$2,205
Miami Lakes$2,436

Housing Market — Miami Lakes leads

Source: U.S. Census Bureau ACS

Miami Lakes has a median property tax of $4,706 vs $10,001 in Parsippany (113% lower). Miami Lakes has a single-family homes of 65.4% compared to 51.3% in Parsippany. Miami Lakes has a owner-occupied of 62.2% compared to 49.3% in Parsippany.

Median Home Value

Parsippany$540,800
Miami Lakes$577,300

Median Rent

Parsippany$1,732
Miami Lakes$2,024

Median Property Tax

Parsippany$10,001
Miami Lakes$4,706

Owner-Occupied

Parsippany49.3%
Miami Lakes62.2%

Vacancy Rate

Parsippany3.3%
Miami Lakes3.5%

Single-Family Homes

Parsippany51.3%
Miami Lakes65.4%

Jobs & Economy — Parsippany leads

Source: U.S. Census Bureau ACS

Miami Lakes has a unemployment rate of 3.5% compared to 5.4% in Parsippany. Parsippany has a work from home of 16.2% compared to 10.7% in Miami Lakes. Miami Lakes has a poverty rate of 4.5% compared to 5.9% in Parsippany.

Median Household Income

Parsippany$102,152
Miami Lakes$97,255

Per Capita Income

Parsippany$55,467
Miami Lakes$47,600

Poverty Rate

Parsippany5.9%
Miami Lakes4.5%

Unemployment Rate

Parsippany5.4%
Miami Lakes3.5%

Labor Force

Parsippany12,625
Miami Lakes17,869

Mean Commute

ParsippanyN/A
Miami LakesN/A

Work from Home

Parsippany16.2%
Miami Lakes10.7%

Private Sector

ParsippanyN/A
Miami Lakes91.5%

Government Sector

Parsippany48.8%
Miami Lakes40.8%

Crime & Safety

Source: FBI UCR

Violent Crime Rate (per 1K)

ParsippanyN/A
Miami Lakes1.02

Property Crime Rate (per 1K)

ParsippanyN/A
Miami Lakes13.14

Murder Rate (per 1K)

ParsippanyN/A
Miami Lakes0.00

Robbery Rate (per 1K)

ParsippanyN/A
Miami Lakes0.16

Assault Rate (per 1K)

ParsippanyN/A
Miami Lakes0.79

Burglary Rate (per 1K)

ParsippanyN/A
Miami Lakes0.60

Larceny Rate (per 1K)

ParsippanyN/A
Miami Lakes9.58

Violent Crime Clearance

ParsippanyN/A
Miami Lakes18.8%

Property Crime Clearance

ParsippanyN/A
Miami Lakes2.4%

Weather & Climate

Source: NOAA / Open-Meteo

Avg Annual Temperature

ParsippanyN/A
Miami LakesN/A

Avg Annual High

ParsippanyN/A
Miami LakesN/A

Avg Annual Low

ParsippanyN/A
Miami LakesN/A

Sunny Days per Year

ParsippanyN/A
Miami LakesN/A

Annual Rainfall

ParsippanyN/A
Miami LakesN/A

Annual Snowfall

ParsippanyN/A
Miami LakesN/A

Avg Humidity

ParsippanyN/A
Miami LakesN/A

Schools & Education — Parsippany leads

Source: NCES / U.S. Census Bureau

Parsippany has a bachelor's degree or higher of 45.7% compared to 30.9% in Miami Lakes. Parsippany has a high school diploma or higher of 58.3% compared to 46.2% in Miami Lakes.

Public Schools

Parsippany0
Miami Lakes0

Avg Student-Teacher Ratio

ParsippanyN/A
Miami LakesN/A

Colleges & Universities

Parsippany0
Miami Lakes0

Bachelor's Degree or Higher

Parsippany45.7%
Miami Lakes30.9%

High School Diploma or Higher

Parsippany58.3%
Miami Lakes46.2%

Demographics & Community

Source: U.S. Census Bureau ACS

Miami Lakes has a population of 30,731, about 1.4x the size of Parsippany (21,869). Parsippany skews younger with a median age of 41.4 vs 43.3.

Population

Parsippany21,869
Miami Lakes30,731

Median Age

Parsippany41
Miami Lakes43

Avg Household Size

Parsippany2.4
Miami Lakes2.7

Married Population

Parsippany53.9%
Miami Lakes43.5%

Foreign Born

Parsippany44.3%
Miami Lakes50.5%

White

Parsippany43.0%
Miami Lakes38.8%

Black

Parsippany3.9%
Miami Lakes2.1%

Hispanic

Parsippany8.7%
Miami Lakes88.6%

Asian

Parsippany45.5%
Miami Lakes1.7%

Parsippany

Miami Lakes

Healthcare

Source: CMS Hospital Compare

Miami Lakes: 4 vs Parsippany: 3 for with emergency services. Parsippany: 3.7 vs Miami Lakes: 3.0 for avg cms rating (out of 5).

Nearby Hospitals

Parsippany5
Miami Lakes5

Avg CMS Rating (out of 5)

Parsippany3.7
Miami Lakes3.0

With Emergency Services

Parsippany3
Miami Lakes4

Transportation & Commute — Parsippany leads

Source: U.S. Census Bureau ACS

Parsippany has a public transit of 3.4% compared to 1.6% in Miami Lakes. Parsippany has a work from home of 16.2% compared to 10.7% in Miami Lakes. Miami Lakes has a drive alone of 76.3% compared to 69.1% in Parsippany.

Mean Commute Time

ParsippanyN/A
Miami LakesN/A

Drive Alone

Parsippany69.1%
Miami Lakes76.3%

Public Transit

Parsippany3.4%
Miami Lakes1.6%

Bicycle

Parsippany0.6%
Miami Lakes0.0%

Work from Home

Parsippany16.2%
Miami Lakes10.7%

Airports

Parsippany0
Miami Lakes0

Cities Similar to Parsippany, NJ

Compare Parsippany against its closest statistical matches across demographics, income, crime, health, and more.

🧬

City Comparison

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

PopulationIncomeHome ValueSafetyEducationMedian AgeClimateCost of Living

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