Parsippany, NJ โ City Data, Demographics & Statistics
Morris County ยท New Jersey
City DNA
A unique fingerprint for Parsippany based on 8 key metrics โ compared to averages.
Quick Stats
Population
21,869
2023 ACS
Median Income
$102,152
2023
Median Home Value
$540,800
2023
Median Rent
$1,732
2023
Median Age
41.4
Unemployment
5.4%
Cost of Living Index
181.2
100 = national avg
Parsippany is a city in Morris County, New Jersey, with a population of 21,869 according to the 2023 American Community Survey. Parsippany is one of the communities in New Jersey.
The median household income in Parsippany is $102,152, and the median home value is $540,800. The cost of living index is 181.2 (where 100 = national average), and the median rent is $1,732 per month. The unemployment rate is 5.4%, and the median age is 41.4 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
21,869
Male
10,693
48.9%
Female
11,176
51.1%
Median Age
41.4
Education & Household
Bachelor's or Higher
45.7%
High School or Higher
58.3%
Foreign Born
44.3%
Veterans
1.9%
Married
53.9%
Avg Household Size
2.4
Marital Status by Age
Race & Ethnicity
Diversity Index
0.596
Simpson's Index (0-1)
Largest Group
Asian
45.5%
Foreign Born
44.3%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
8.7%
1,894 people
Not Hispanic/Latino
91.3%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
20,896
English Only
48.7%
#1 Non-English Language
Other Indo-European
4,919 speakers
Limited English
18.0%
Language Distribution
English Proficiency
Speaks English Very Well
82.0%
Limited English Proficiency
18.0%
Veterans & Military
Total Veterans
423
1.9% of population
Disability Rate
15.4%
65 with disability
Veteran Median Income
$46,944
Period of Service
Veteran Age Distribution
Male Veterans
386
91.3%
Female Veterans
37
8.7%
Veteran vs Non-Veteran Income
Veteran Income
$46,944
Non-Veteran Income
$58,789
Difference
-$11,845
-20.1% lower
Disability Status
With Disability
65
Without Disability
358
Disability Rate
15.4%
Ancestry & Heritage
Total Reporting Ancestry
11,432
#1 Ancestry
Italian
14.9% (3,268)
#2 Ancestry
Irish
10.0% (2,179)
#3 Ancestry
German
7.1% (1,556)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
9,021
Family Households
6,046
67.0%
Married Couples
5,204
57.7%
Non-Family Households
2,975
33.0%
Single Mother Households
518
5.7%
Single Father Households
324
3.6%
Living Alone
2,529
28.0%
Children Under 18
Total Children
3,638
In Married Couple
3,235
88.9%
With Single Mother
335
9.2%
With Single Father
68
1.9%
Family Income
Median Family Income
$130,949
Married Couple Income
$136,230
Single Mother Income
$89,028
Single Father Income
$94,630
Avg Family Size
2.4
Avg Non-Family Size
1.9
Grandparents w/ Grandchildren
319
Grandparents Responsible
47
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$102,152
+40% vs national
Per Capita Income
$55,467
+49% vs national
Poverty Rate
5.9%
-57% vs national
Gini Index
0.4306
0 = perfect equality
Unemployment
5.4%
+4% vs national
SNAP Recipients
7.4%
of households
How Parsippany Compares
Parsippany vs Similar Cities
Compared to cities with 10,000 - 25,000 residents. Parsippany is highlighted.
Median Household Income
Parsippany, NJ has a median household income of $102,152, making it the 4,554th highest median household income out of 28,123 cities in our database. This means that Parsippany has a higher median household income than 84% of all the cities we measured.
Per Capita Income
Parsippany, NJ has a per capita income of $55,467, making it the 3,325th highest per capita income out of 28,123 cities in our database. This means that Parsippany has a higher per capita income than 88% of all the cities we measured.
Poverty Rate
Parsippany, NJ has a poverty rate of 5.9%, making it the 22,547th highest poverty rate out of 31,262 cities in our database. This means that Parsippany has a higher poverty rate than 28% of all the cities we measured.
Unemployment Rate
Parsippany, NJ has a unemployment rate of 5.4%, making it the 10,643rd highest unemployment rate out of 31,012 cities in our database. This means that Parsippany has a higher unemployment rate than 66% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Parsippany. The median household income here is $102,152.
Income Distribution
Employment Snapshot
Unemployment Rate
5.4%
-5% vs NJ avg
Labor Force
12,625
Employed
11,944
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
45.7%
of adults 25+
High School Diploma+
58.3%
of adults 25+
Median Age
41.4
Work from Home
16.2%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the New York-Newark-Jersey City, NY-NJ metro area
Highest-Paying Job
Software Developers
Top Median Wage
$162.0K
per year
Occupations Tracked
20
Cost of Living
Overall Index
181.2
100 = national avg
+81.2 vs national average
Living Wage (1 Adult)
$79,737
per year
Living Wage (Family of 4)
$188,469
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The median household income in Parsippany, NJ is $102,152, which is 39.5% above the national average of $73,224. Per capita income is $55,467. The poverty rate of 5.9% is lower than the NJ state average of 7.7%. The Gini index of income inequality is 0.4306, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.4%, compared to the state average of 5.7%. The labor force is 12,625. 45.7% of adults hold a bachelor's degree or higher. About 69.1% of workers drive alone to work. The overall cost of living index is 181.2, which is 81.2% above the national average. Housing costs are above the national average at an index of 252.0. A single adult needs to earn approximately $79,737 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin โ January 2026
Median Sale Price
$770,500
Median List Price
$640,000
Price Per Sq Ft
$393
Days on Market
63
Active Inventory
10
Months of Supply
1.4
Seller's market
Zillow Rent Index
$2,700
ZORI โ January 2026
Market CompetitivenessRedfin
Sold Above List
57.1%
Off Market in 2 Weeks
20.0%
Sale-to-List Ratio
105.5%
Seller's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
7
New Listings
8
Pending Sales
5
Price Per Square FootRedfin
Median Sale $/SF
$393
Median List $/SF
$348
Parsippany vs Similar CitiesCensus ACS / Redfin
Compared to cities with 10,000 - 25,000 residents. Parsippany is highlighted.
Median Home Value
Parsippany, NJ has a median home value of $540,800, making it the 2,666th highest median home value out of 27,993 cities in our database. This means that Parsippany has a higher median home value than 90% of all the cities we measured.
Median Rent
Parsippany, NJ has a median rent of $1,732, making it the 2,766th highest median rent out of 22,337 cities in our database. This means that Parsippany has a higher median rent than 88% of all the cities we measured.
Median Price Per Sq Ft
Parsippany, NJ has a price per square foot of $393, making it the 1,990th highest price per square foot out of 20,748 cities in our database. This means that Parsippany has a higher price per square foot than 90% of all the cities we measured.
Rent Burden
Parsippany, NJ has a rent burden of 20.3%, making it the 8,335th highest rent burden out of 21,928 cities in our database. This means that Parsippany has a higher rent burden than 62% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$540,800
Median Rent
$1,732
Total Housing Units
9,331
Vacancy Rate
3.3%
Owner Occupied
49.3%
Renter Occupied
50.7%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,444
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$10,001
per year
Effective Tax Rate
1.85%
of home value
Median Home Value
$540,800
Estimated Mean Tax
$10,605
The effective property tax rate is calculated by dividing the median annual property tax ($10,001) by the median home value ($540,800). In Parsippany, NJ, this works out to an effective rate of 1.85%. This is above the national average of approximately 1.1%.
The current median sale price in Parsippany, NJ is $770,500 according to Redfin data. Homes spend a median of 63 days on the market. 57.1% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $393. Zillow's observed rent index is $2,700/month. About 49.3% of housing units are owner-occupied. The median year homes were built is 1968. There are 9,331 total housing units. Homeowners pay a median annual property tax of $10,001. The effective tax rate is 1.85%, above the national average.
Crime data is not yet available for Parsippany. The FBI UCR/NIBRS program does not cover all jurisdictions.
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
92.9
Relatively Moderate
Expected Annual Loss
95.8
Score (0-100)
Social Vulnerability
10.6
Score (0-100)
Community Resilience
89.5
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
33
Public Assistance
$65.1M
Individual Assistance
$41.2M
Most Common Type
Hurricane
10 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Remnants of Hurricane Ida โ | Hurricane | Sep 2021 | $1.5M | $7.4M |
| Remnants of Hurricane Ida โ | Hurricane | Sep 2021 | โ | โ |
| Severe Winter Storm and Snowstorm โ | Snowstorm | Apr 2021 | $4.9M | โ |
| Tropical Storm Isaias โ | Hurricane | Dec 2020 | $3.9M | โ |
| Covid-19 Pandemic โ | Biological | Mar 2020 | $8.6M | $11.4M |
| Covid-19 โ | Biological | Mar 2020 | โ | โ |
| Severe Winter Storm and Snowstorm โ | Severe Storm | Jun 2018 | $7.2M | โ |
| Severe Winter Storm and Snowstorm โ | Severe Storm | Mar 2016 | $2.6M | โ |
| Hurricane Sandy โ | Hurricane | Oct 2012 | $14.1M | $577K |
| Hurricane Sandy โ | Hurricane | Oct 2012 | โ | โ |
| Severe Storm โ | Severe Storm | Nov 2011 | $4.0M | โ |
| Hurricane Irene โ | Hurricane | Aug 2011 | $15.3M | $19.3M |
| Hurricane Irene โ | Hurricane | Aug 2011 | โ | โ |
| Severe Winter Storm and Snowstorm โ | Snowstorm | Feb 2011 | $1.9M | โ |
| Severe Storms and Flooding โ | Severe Storm | Apr 2010 | $1.0M | $1.3M |
| Severe Storms and Inland and Coastal Floโฆ โ | Severe Storm | Apr 2007 | โ | $1.0M |
| Hurricane Katrina Evacuation โ | Hurricane | Sep 2005 | โ | โ |
| Severe Storms and Flooding โ | Severe Storm | Apr 2005 | โ | $207K |
| Snow โ | Snowstorm | Mar 2003 | โ | โ |
| Fires and Explosions โ | Fire | Sep 2001 | โ | โ |
Showing 20 of 35 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
9,459
Total Claims Paid
$201,033,559
Avg Claim Payout
$21,253
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
47
Federal Funding
$39,675,705
Properties Protected
219
Avg Benefit-Cost Ratio
1.82
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 601.2: Generators - Regular; 602.1: Other Equipment Purchase and Installation | 16 | $1,837,955 |
| 601.2: Generators - Regular | 9 | $453,235 |
| 601.1: Generators; 602.1: Other Equipment Purchase and Installation | 4 | $243,945 |
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 4 | $11,498,379 |
| 91.1: Local Multihazard Mitigation Plan | 3 | $183,661 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Parsippany has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are strong wind, winter weather, cold wave. The area has had 33 federal disaster declarations. The most common disaster type is hurricane (10 declarations). 9,459 flood insurance claims have been filed in the area. FEMA has obligated $65,079,451 in public assistance recovery funding. $41,229,430 has been distributed in individual assistance to disaster-affected residents. 47 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
18.8%
17.3pp below the national average
Depression Rate
12.3%
11.2pp below the national average
Diabetes Rate
9.6%
2.3pp below the national average
Uninsured Rate
7.5%
3.1pp below the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
40.1%
Arthritis
18.4%
Cancer (excl. skin)
6.9%
Teeth Lost (65+)
6.5%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
11.7%
14+ days in past month
Depression
12.3%
Loneliness
32.7%
Lack of Support
25.0%
Disability Prevalence
Any Disability
19.2%
Mobility
8.3%
Cognitive
8.6%
Hearing
5.0%
Vision
3.4%
Self-Care
2.2%
Independent Living
4.7%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Parsippany has an obesity rate of 18.8%, which is 17.3pp below the national average. The depression rate is 12.3%, 11.2pp below the national average. About 7.5% of adults lack health insurance. 78.3% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
3
Avg CMS Rating
3.7 / 5
Nearest Hospital
3.9 mi
Greystone Park Psychiatric Hos...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Greystone Park Psychiatric Hospital | 3.9 mi | Psychiatric | โ | โ |
| Chilton Medical Center | 9.0 mi | Acute Care Hospitals | 4/5 | Yes |
| Overlook Medical Center | 10.6 mi | Acute Care Hospitals | 4/5 | Yes |
| Summit Oaks Hospital | 10.6 mi | Psychiatric | โ | โ |
| Va New Jersey Health Care System | 12.6 mi | Acute Care - Veterans Administration | 3/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
2
Pop. Served
50,640
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| PARSIPPANY-TROY HILLS WATER DEPARTMENT | 50,400 | 0 |
| ROLLING HILLS CONDMINIUM ASSOCIATION | 240 | 0 |
There are 2 water systems serving the area.
Infrastructure
Commute Overview2023 ACS
Drive Alone
69.1%
-12% vs national
Public Transit
3.4%
+277% vs national
Work From Home
16.2%
+75% vs national
Carpool
9.2%
Walk / Bike
1.2%
combined
How Parsippany's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
5
2023
6-Year Avg
3
fatalities/yr
Pedestrian
1
Nighttime
4
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 5 | 5 | 0 | 1 | 0 |
| 2022 | 1 | 1 | 0 | 0 | 0 |
| 2021 | 3 | 3 | 0 | 1 | 0 |
| 2020 | 1 | 1 | 0 | 0 | 0 |
| 2019 | 4 | 6 | 3 | 0 | 0 |
| 2018 | 3 | 3 | 1 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Parsippany, NJ covers travel times and transportation modes. 69.1% of workers drive alone, compared to the national average of 78.7%. 16.2% work from home, which is above the NJ state average of 12.2%. Public transit is used by 3.4% of commuters, compared to the national average of 0.9%. 9.2% of workers carpool. 0.6% commute by bicycle. In 2023, there were 5 traffic fatalities from 5 fatal crashes. 1 was a pedestrian.
Internet & Broadband Access
Source: Census ACSBroadband Access
93.4%
of households
Cable / Fiber / DSL
83.3%
of households
No Internet
5.6%
of households
Total Households
9,021
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
94.4%
of households
Smartphone
89.3%
of households
Desktop / Laptop
83.6%
of households
Tablet
67.8%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
19.3ยข
per kWh
+1% vs 10,000 - 25,000 avg
Commercial Rate
14.6ยข
per kWh
-5% vs 10,000 - 25,000 avg
Industrial Rate
11.9ยข
per kWh
+0% vs 10,000 - 25,000 avg
Avg Monthly Bill
$128
residential
-13% vs 10,000 - 25,000 avg
13% above the national average of 17.1ยข/kWh
Residential electricity in New Jersey averages 19.3ยข per kWh, compared to the national average of 17.1ยข. The average monthly electric bill is $128. State-level averages from EIA Electric Sales & Revenue data (2024).
Parsippany vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (10,000 - 25,000). Each city represents its state's average rate.
Residential Rate (ยข/kWh)
Commercial Rate (ยข/kWh)
Industrial Rate (ยข/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
2
Population Served
50,640
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| PARSIPPANY-TROY HILLS WATER DEPARTMENT | Community | Purchased surface water | 50,400 | 0 |
| ROLLING HILLS CONDMINIUM ASSOCIATION | Community | Ground water | 240 | 0 |
93.4% of households in Parsippany have broadband internet access. 83.3% have cable, fiber, or DSL service. 9.4% rely solely on cellular data without a wired connection. 5.6% of households have no internet access. 5.5% use only a smartphone without a desktop or laptop. The area is served by 2 water systems, providing water to 50,640 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Parsippany is located in Morris County, NJ. Results reflect all voters in the county, not just those in Parsippany.
Election Overview
Source: Morris County (2024)2024 Winner
Republican
Dem Votes
135,672
47.7%
GOP Votes
143,439
50.4%
Total Votes
284,666
Margin
R+2.7%
Shift from 2020
R+7.0pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 135,672 | 143,439 | 284,666 | 47.7% | 50.4% | R+2.7 |
| 2020 | 153,881 | 141,134 | 300,917 | 51.1% | 46.9% | D+4.2 |
| 2016 | 114,437 | 125,376 | 248,848 | 46.0% | 50.4% | R+4.4 |
In the 2024 presidential election, Morris County recorded 284,666 total votes. Republicans won the county with 50.4% of the vote compared to 47.7% for Democrats, a margin of R+2.7%. Compared to 2020, the margin shifted R+7.0pp from the previous election. Since 2016, Morris County has shifted 1.7 percentage points toward Democrats.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
197
Total Assets
$461.7M
Total Income
$411.0M
Per 10K Residents
90.1
nonprofits
+35.9% vs peers avg
Orgs with >$1M Assets
28
Median Assets
$197K
Oldest Active
1946
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $405.3M of $461.7M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 10,000 - 25,000
Largest Nonprofits in Parsippany
Source: IRS Exempt Organizations BMFParsippany, NJ has 197 registered 501(c)(3) nonprofit organizations with combined assets of $461.7M. The most common category is Philanthropy & Grantmaking, with 33 organizations. 28 nonprofits have assets exceeding $1 million. That works out to 90.1 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1946.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
293
Total Approved
$129.7M
Jobs Supported
3,310
Per 10K Residents
134.0
SBA loans
+5.2% vs peers avg
Unique Lenders
63
Top Lender
TD Bank, National Association
40 loans
Top Industry
Professional & Technical Services
Data Span
1992โ2026
Loan Program Breakdown
Source: SBA FOIALoans
284
Total Amount
$120.4M
Avg Loan
$423,871
Median Loan
$150,000
SBA Guaranteed
$88.1M(73%)
Jobs Supported
3,180
Loans
9
Total Amount
$9.3M
Avg Loan
$1,031,889
Median Loan
$896,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
42
14% of all-time total
Recent Amount
$30.9M
24% of all-time total
Avg Recent Loan
$734,802
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 10,000 - 25,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Shree Meldi Krupa Llc | 3 | $4.8M |
| Agadia Systems Inc. | 1 | $4.7M |
| Jiyaan Hospitality Inc | 1 | $4.1M |
| Statewide Striping Corporation | 4 | $4.0M |
| Caggiano Orthodontics Llc | 1 | $3.8M |
| Romes Urgent Care Services Llc | 2 | $3.6M |
| L & M Architectural Graphics Inc. | 1 | $3.4M |
| Wine Amphorae Wines & Liquors Llc | 1 | $3.4M |
| Dunkin Donuts | 4 | $3.1M |
| Point of Care Network Llc | 2 | $3.0M |
Parsippany, NJ has received 293 SBA loans totaling $129.7M in approved funding between 1992 and 2026. The 7(a) program accounts for 284 loans (97% of the total), supporting 3,180 jobs. The 504 program, focused on real estate and large equipment, has funded 9 loans totaling $9.3M. The most common industry receiving SBA funding is Professional & Technical Services. The most active SBA lender in Parsippany is TD Bank, National Association with 40 loans. That works out to 134.0 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
39
Total Population
531,590
Avg Median Income
-$68,238,099
Avg Home Value
-$67,793,753
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 07004 | 7,712 | $113,750 | $651,800 | $2,576 | 10.1 |
| 07005 | 15,240 | $126,411 | $565,900 | $1,779 | 18.3 |
| 07006 | 26,417 | $148,645 | $667,300 | $1,973 | 9.3 |
| 07009 | 13,317 | $153,654 | $600,800 | $1,693 | 4.3 |
| 07021 | 2,320 | $250,001 | $976,300 | $3,501 | 1.4 |
| 07034 | 10,406 | $101,500 | $402,500 | $1,426 | 1.3 |
| 07035 | 11,085 | $117,929 | $422,700 | $1,824 | 6.7 |
| 07039 | 31,128 | $218,416 | $746,100 | $2,953 | 13.8 |
| 07044 | 14,441 | $159,044 | $595,000 | $2,125 | 2.8 |
| 07045 | 10,206 | $179,279 | $647,200 | $3,501 | 6.6 |
| 07046 | 4,535 | $250,001 | $915,100 | $2,941 | 2.7 |
| 07052 | 48,323 | $131,456 | $527,200 | $1,791 | 12.0 |
| 07054 | 30,139 | $107,955 | $569,000 | $1,725 | 13.8 |
| 07058 | 5,933 | $147,207 | $686,300 | $2,360 | 3.0 |
| 07068 | 6,211 | $160,644 | $640,600 | $3,293 | 3.6 |
| 07078 | 14,183 | $250,001 | $1,627,300 | $3,363 | 8.0 |
| 07082 | 5,688 | $194,464 | $686,800 | $2,726 | 6.1 |
| 07405 | 17,859 | $127,500 | $552,500 | $1,526 | 19.8 |
| 07440 | 4,810 | $147,976 | $514,600 | $981 | 1.6 |
| 07444 | 10,766 | $113,661 | $488,200 | $3,297 | 5.2 |
| 07801 | 26,725 | $78,053 | $369,400 | $1,747 | 12.9 |
| 07803 | 3,993 | $113,861 | $377,800 | $1,873 | 2.9 |
| 07834 | 18,203 | $162,644 | $552,300 | $1,707 | 11.6 |
| 07842 | 52 | N/A | N/A | N/A | 0.3 |
| 07866 | 22,632 | $123,828 | $434,200 | $1,604 | 23.0 |
| 07869 | 25,919 | $170,862 | $636,400 | $1,772 | 20.1 |
| 07878 | 712 | $113,875 | $436,000 | N/A | 0.1 |
| 07926 | 72 | N/A | N/A | N/A | 0.3 |
| 07927 | 4,754 | $166,077 | $610,100 | $2,802 | 2.1 |
| 07928 | 19,667 | $236,000 | $965,800 | $2,441 | 9.3 |
| 07932 | 11,498 | $147,009 | $719,400 | $3,009 | 6.7 |
| 07935 | 597 | $104,519 | $690,300 | $2,870 | 2.6 |
| 07936 | 11,106 | $144,792 | $668,500 | $2,745 | 7.9 |
| 07940 | 17,675 | $168,520 | $883,200 | $2,248 | 4.9 |
| 07950 | 21,576 | $148,469 | $571,300 | $2,549 | 9.1 |
| 07960 | 46,178 | $149,462 | $701,100 | $2,173 | 34.6 |
| 07961 | 342 | N/A | N/A | N/A | 0.2 |
| 07970 | 262 | N/A | N/A | N/A | 0.3 |
| 07981 | 8,908 | $153,329 | $611,300 | $2,619 | 6.0 |
Parsippany, NJ has 39 ZIP codes with a combined population of 531,590. The average median household income across all ZIP codes is -$68,238,099. The average median home value is -$67,793,753. The average median monthly rent is -$85,468,047.
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