Population
Parsippany
21,869
Palisades Park
20,192
Median Income
Parsippany
$102,152
Palisades Park
$101,295
Home Value
Parsippany
$540,800
Palisades Park
$704,400
Rent
Parsippany
$1,732
Palisades Park
$1,976
Crime Rate
Parsippany
N/A
Palisades Park
0.24
Cost of Living
Parsippany
181.2
Palisades Park
196.3
Avg Temp
Parsippany
N/A
Palisades Park
N/A
Unemployment
Parsippany
5.4%
Palisades Park
5.4%
How Similar Are Parsippany & Palisades Park?
Palisades Park is Parsippany's #3 most similar city
6 of 8 key metrics match within 10%
Population
Parsippany
21,869
Palisades Park
20,192
Both cities have similar populations — Parsippany at 21,869 and Palisades Park at 20,192.
Political Leaning
Parsippany
50.4%
Palisades Park
47.3%
Parsippany leans Republican while Palisades Park leans Democratic.
Unemployment
Parsippany
5.4%
Palisades Park
5.4%
Both cities have similar unemployment — just a 1% difference.
Median Income
Parsippany
$102,152
Palisades Park
$101,295
Both cities have similar median income — just a 1% difference.
Home Values
Parsippany
$540,800
Palisades Park
$704,400
Palisades Park has a 23% higher home values than Parsippany.
Education
Parsippany
45.7%
Palisades Park
42.0%
Both cities have similar education — just a 8% difference.
Demographics
Parsippany
43.0%
Palisades Park
24.7%
Parsippany has a 43% higher demographics than Palisades Park.
Cost of Living
Parsippany
181.2
Palisades Park
196.3
Both cities have similar cost of living — just a 8% difference.
6 out of 8 key metrics match within 10%. Parsippany and Palisades Park share several key characteristics.
At a Glance
0
Parsippany
0
Palisades Park
Parsippany leads in 5 of 8 categories
Cost of Living & Affordability — Parsippany leads
Source: City Stats Index / HUDParsippany scores 252.0 on the housing index (100 = national avg) vs 294.3 in Palisades Park. Parsippany has a fair market rent (1br) of $1,822 vs $2,024 in Palisades Park (10% lower). Parsippany scores 181.2 on the overall cost index (100 = national avg) vs 196.3 in Palisades Park.
Overall Cost Index
Housing Index
Food Index
Transportation Index
Healthcare Index
Utilities Index
Living Wage (1 Adult)
Living Wage (Family of 4)
Fair Market Rent (1BR)
Fair Market Rent (2BR)
Housing Market — Parsippany leads
Source: U.S. Census Bureau ACSParsippany has a single-family homes of 51.3% compared to 38.3% in Palisades Park. Parsippany has a owner-occupied of 49.3% compared to 37.1% in Palisades Park. Palisades Park has a median home value of $704,400 vs $540,800 in Parsippany (23% higher).
Median Home Value
Median Rent
Median Property Tax
Owner-Occupied
Vacancy Rate
Single-Family Homes
Jobs & Economy — Parsippany leads
Source: U.S. Census Bureau ACSParsippany has a work from home of 16.2% compared to 9.9% in Palisades Park. Parsippany has a poverty rate of 5.9% compared to 10.0% in Palisades Park. Parsippany has a per capita income of $55,467 vs $47,618 in Palisades Park (16% higher).
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Labor Force
Mean Commute
Work from Home
Private Sector
Government Sector
Crime & Safety
Source: FBI UCRViolent Crime Rate (per 1K)
Property Crime Rate (per 1K)
Murder Rate (per 1K)
Robbery Rate (per 1K)
Assault Rate (per 1K)
Burglary Rate (per 1K)
Larceny Rate (per 1K)
Violent Crime Clearance
Property Crime Clearance
Weather & Climate
Source: NOAA / Open-MeteoAvg Annual Temperature
Avg Annual High
Avg Annual Low
Sunny Days per Year
Annual Rainfall
Annual Snowfall
Avg Humidity
Schools & Education — Parsippany leads
Source: NCES / U.S. Census BureauParsippany has a bachelor's degree or higher of 45.7% compared to 42.0% in Palisades Park.
Public Schools
Avg Student-Teacher Ratio
Colleges & Universities
Bachelor's Degree or Higher
High School Diploma or Higher
Demographics & Community
Source: U.S. Census Bureau ACSParsippany has a population of 21,869, about 1.1x the size of Palisades Park (20,192). Parsippany skews younger with a median age of 41.4 vs 43.2.
Population
Median Age
Avg Household Size
Married Population
Foreign Born
White
Black
Hispanic
Asian
Parsippany
Palisades Park
Healthcare
Source: CMS Hospital ComparePalisades Park: 4 vs Parsippany: 3 for with emergency services. Parsippany: 3.7 vs Palisades Park: 3.3 for avg cms rating (out of 5).
Nearby Hospitals
Avg CMS Rating (out of 5)
With Emergency Services
Transportation & Commute — Parsippany leads
Source: U.S. Census Bureau ACSPalisades Park has a public transit of 18.9% compared to 3.4% in Parsippany. Parsippany has a work from home of 16.2% compared to 9.9% in Palisades Park. Parsippany has a drive alone of 69.1% compared to 54.8% in Palisades Park.
Mean Commute Time
Drive Alone
Public Transit
Bicycle
Work from Home
Airports
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.