United States › New Jersey › Parsippany CITY · 2020 ACS
Parsippany New Jersey · 22,778 residents · 6.09 sq mi
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The short version
Parsippany is a city of 22,778 people in New Jersey. The foreign-born share is 47%. This is an unusually credentialed place: 59% of adults have a four-year degree. 48% of homes are owner-occupied. The typical home is worth $446,000. Median household income runs $94,349, well clear of the $66,278 US median.
At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 40.3
US median: 38.8
More educated
59% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth vs 40.0 in 2021
US average: 38.8
Population, 2020 – 2024
21K 22K 22K 22K 23K 2020 2024 Parsippany Age distribution, 2020
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Section 02
Income & economy $94,349
+3%inflation adjusted, since 2021
vs $96,096 in 2021
US average: $66,278
vs $49,004 in 2021
US average: $35,364
Households earning $100K+
vs 64.5% in 2021
US average: 43.9%
vs 5.8% in 2021
US average: 12.8%
Workforce by industry, 2020
Public administration 7.6%
Professional, scientific, technical 3.8%
Arts, entertainment, food 3.3%
Transportation & warehousing 3.3%
Education & health services 0.4%
Agriculture, forestry, fishing 0.1%
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$446,000
+3%inflation adjusted, since 2021
vs $454,400 in 2021
US average: $265,253
$1,408
−4%inflation adjusted, since 2021
vs $1,543 in 2021
US average: $1,124
vs 48.6% in 2021
52.4% rent
vs 2.52 people in 2021
US average: 2.61
vs 4.7 in 2021
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2021
White, non-Hispanic 38.3%(8,391)
Hispanic / Latino 10.6%(2,332)
2020
White, non-Hispanic 38.6%(8,784)
Hispanic / Latino 10.1%(2,304)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Hispanic origin
+ 5 more hispanic origin groups with data Ancestry
+ 34 more ancestry groups with data vs 60.0% in 2021
US average: 32.9%
High school or higher
vs 92.4% in 2021
US average: 88.5%
vs 23.1% in 2021
US average: 12.7%
Section 06
Commute & transportation vs 26.9 min in 2021
US average: 26.9
vs 75.5% in 2021
US average: 75.1%
vs 10.5% in 2021
US average: 8.4%
Section 07
Work & employment vs 5.0% in 2021
US average: 5.4%
vs 68.3% in 2021
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
vs 57.4% in 2021
US average: 39.3%
Section 08
People & community vs 47.1% in 2021
US average: 13.5%
vs 4.8% in 2021
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
Men 15+
Never married 26.7%(2,489)
Women 15+
Never married 24.1%(2,206)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage vs 4.8% in 2021
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 12.4%(47)
Share of the 379 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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PARSIPPANY VS
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PARSIPPANY VS
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Frequently asked
How many people live in Parsippany, New Jersey? Parsippany, New Jersey has about 22,778 residents according to the 2020 American Community Survey.
What is the median household income in Parsippany, New Jersey? The typical household in Parsippany, New Jersey earns about $94,349 a year. Half of households make more than that, and half make less.
Is Parsippany, New Jersey expensive? In Parsippany, New Jersey, the median home is worth about $446,000, and the typical rent is about $1,408 a month.
How educated are people in Parsippany, New Jersey? About 58.8% of adults age 25 and over in Parsippany, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Parsippany, New Jersey? About 5.0% of people in Parsippany, New Jersey live below the federal poverty line.
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