Parsippany CDP, New Jersey
CityPopulation: 21,869 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Parsippany CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Parsippany CDP
- What is the median household income in Parsippany CDP?
- The median household income in Parsippany CDP is $102,152 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Parsippany CDP?
- The poverty rate in Parsippany CDP is 5.6% (U.S. Census Bureau ACS 2023).
- What is the median home value in Parsippany CDP?
- $540,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in Parsippany CDP?
- The median gross rent in Parsippany CDP is $1,732 per month (U.S. Census Bureau ACS 2023).
- What percentage of Parsippany CDP residents have a college degree?
- 60.0% of adults in Parsippany CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
21,869
Median Income
$102,152
Median Home Value
$540,800
Poverty Rate
5.6%
Unemployment (ACS 2023)
5.4%
Median Age
41.0 yrs
Demographics
Total Population
21,869
Median Age
41.0
Female
51.1%
Race & Ethnicity
Hispanic or Latino 8.7%
White (non-Hisp.) 40.3%
Black 3.9%
Asian 45.5%
Two or More 5.1%
Other 2.2%
Asian Subgroups (% of total pop.)
Indian
33.0%
Chinese
7.3%
Filipino
1.8%
Korean
0.8%
Vietnamese
0.6%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.7%
Mexican
0.4%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$102,152
±$7,231
+$1,102 vs. state
Per Capita Income
$145,172
Median Family Income
$130,949
Poverty Rate
5.6%
-1.4 pp vs. state
Child Poverty Rate
2.1%
Working-Age Poverty Rate
—
SNAP Recipients
7.4%
Social Security Income
—
Retirement Income
19.0%
Household Income Distribution
< $10k
6.5%
$10–15k
2.0%
$15–25k
3.0%
$25–35k
4.2%
$35–50k
5.1%
$50–75k
12.1%
$75–100k
15.0%
$100–150k
20.2%
$150–200k
11.3%
$200k+
20.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
9,331
Owner-Occupied
49.3%
Renter-Occupied
50.7%
Vacancy Rate
3.3%
Median Home Value
$540,800
+$113,200 vs. state
Median Gross Rent
$1,732
Owner Cost Burden (30%+)
21.8%
Renter Cost Burden (30%+)
28.8%
Home Value Distribution
< $50k
0.9%
$50–100k
1.1%
$100–200k
2.4%
$200–300k
3.4%
$300–500k
33.0%
$500k–$1M
58.2%
$1M+
0.4%
Gross Rent Distribution
< $500
6.1%
$500–1k
3.4%
$1–1.5k
16.5%
$1.5–2k
51.8%
$2–2.5k
15.5%
$2.5–3.5k
2.6%
$3.5k+
4.2%
Vehicle Availability
No vehicle
14.2%
1 vehicle
34.5%
2 vehicles
40.6%
3+
10.7%
Housing Type
Single-fam. det.
47.3%
Single-fam. att.
4.0%
2–4 units
4.5%
5–19 units
5.0%
20+ units
26.7%
Mobile home
0.1%
Housing Age
Pre-1940
3.5%
1940–1969
5.2%
1970–1999
18.8%
2000–2009
4.7%
2010+
3.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
92.4%
Bachelor's or Higher
60.0%
+17.1 pp vs. state
Graduate Degree
23.8%
Some College / Associate
10.9%
Less Than High School
3.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
67.9%
Unemployment Rate
5.4%
-0.8 pp vs. state
Work from Home
16.2%
Self-Employed
2.4%
Government Workers
10.6%
Private For-Profit
86.8%
Industry
Prof. Services
21.5%
Edu/Health
19.8%
Manufacturing
12.9%
Retail
10.3%
Finance
9.6%
Arts/Entmt.
6.4%
Construction
3.4%
Information
3.3%
Transportation
3.1%
Public Admin
3.1%
Wholesale
2.8%
Agriculture
0.1%
Occupation
Management
61.4%
Sales
19.6%
Food Prep
10.0%
Production
6.0%
Construction
3.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.8 min
Drove Alone
69.1%
Carpool
9.2%
Public Transit
3.4%
Work from Home
16.2%
Walked
0.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
9,021
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
57.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.4%
5–9
5.3%
10–14
4.4%
15–19
4.0%
20–24
5.7%
25–34
14.5%
35–44
16.9%
45–54
10.9%
55–64
7.0%
65–74
7.3%
75–84
9.6%
85+
6.7%
Under 18: 16.9%
Working age (18–64): 83.1%
65 and over: 19.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
44.2%
Naturalized Citizen
52.2%
Speaks English Less Than Very Well
18.0%
Foreign-Born Origin
Asia
77.2%
Latin America
10.9%
Europe
6.9%
Africa
4.0%
Veterans & Disability
Veteran
2.3%
With a Disability
11.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.3%
Uninsured
3.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.4%
Has a Computer
94.4%
Same House 1 Year Ago
86.4%
Moved from Abroad
1.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023