New Jersey / Morris County

Moving to Parsippany, NJ

Thinking of making a move to Parsippany, NJ? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Parsippany, NJ

Considering a move to Parsippany, NJ? This welcoming community of 56,162 residents offers a blend of suburban charm and convenience, with median home prices around $495,000 and average rents near $1,800. Commute times average 31 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Parsippany's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Parsippany, NJ

Parsippany has a population of 56,162 residents, offering a diverse community with a median age of nearly 41 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 52% White, 5% Black, and 33% Asian residents, and over 18% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
56,162
Density
2,400 per sq mi
Median Age
41.0
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
18.0%

Ethnic Composition

White
52.1%
Black
4.8%
Asian
32.6%
Others
10.5%

Cost Of Living

What is the average cost of living in Parsippany, NJ?

The cost of living in Parsippany is higher than the national average, with a cost of living index of 132.0. Median home values are around $495,000 and average rents for a two-bedroom apartment are approximately $1,800. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$495,000
Gross Rent
$1,800
Monthly Electricity Charges
$137
Auto Insurance
$1,890
House Owner Cost With Mortgage
$2,550
House Owner Cost Without Mortgage
$780
State Taxes
Low: 1.4%| High: 10.75%
Cost Of Living Index
132.0
Grocery
124.0
Housing
145.8
Utilities
114.2
Transportation
126.0
Health Care
112.3
Miscellaneous
114.1

Crime

Is Parsippany, NJ a safe place to live?

Parsippany is considered a safe community, with a low violent crime rate of 61 incidents per 100,000 residents and a property crime chance of 1 in 140. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New Jersey.

Violent Crimes Per 100k
61
Property Crimes Per 100k
711
Crime Index
772
Chance Of Violent Crime
1 in 1,640
Chance Of Property Crime
1 in 140

Weather

What is the weather like in Parsippany, NJ year-round?

Parsippany experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 23°F. The area receives about 50 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
23°F
Max
38°F

Summer

Min
64°F
Max
84°F

Spring

Min
43°F
Max
66°F

Fall

Min
47°F
Max
68°F
Average Rainfall Inches
50.0 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $107,000 and a low poverty rate of 5.3%. Over 94% of residents have at least a high school diploma, and nearly 53% hold a bachelor's degree or higher. Commute times average 31 minutes, and almost 8% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$50,200
Household Income
$107,000
Family Income
$120,500
Per Capita Income
$51,600
Income Male
$60,500
Income Female
$51,000
Poverty Rate
5.3%
Non English Speakers
32.0%
Rent
$1,800
Unemployment Rate
3.5%
Public Transport Usage
7.8%
Commute Time
31.2 minutes

Education

High School or Higher
94.1%
Bachelors or More
53.2%

Education

How are the schools in Parsippany, NJ?

Parsippany offers quality education options, with public schools like Parsippany High School and Parsippany Hills High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including County College of Morris and Fairleigh Dickinson University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Parsippany High School
Street
309 Baldwin Rd
Phone
973-263-7001
Students
870
Student Teacher Ratio
13.0
Name
Parsippany Hills High School
Street
20 Rita Dr
Phone
973-682-2815
Students
1,050
Student Teacher Ratio
12.5

Private Schools

Name
All Saints Academy
Street
189 Baldwin Rd
Phone
973-334-4704
Students
220

Colleges

Name
County College of Morris
City
Randolph
State
NJ
Distance
7 miles
Students
8,500
Name
Fairleigh Dickinson University
City
Madison
State
NJ
Distance
6 miles
Students
7,200

Healthcare

Parsippany residents have access to quality healthcare, with major hospitals like Morristown Medical Center and Saint Clare's Hospital - Denville nearby. The community benefits from a high physician-to-resident ratio of 3.1 per 1,000 people and 94.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Morristown Medical Center
Address
100 Madison Ave, Morristown, NJ 07960
Phone
(973) 971-5000
Type
General & Surgical
Emergency Services
Yes
Name
Saint Clare's Hospital - Denville
Address
25 Pocono Rd, Denville, NJ 07834
Phone
(973) 625-6000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.1
Health Insurance Coverage
94.5%
Health Care Index
77.3

Housing Market

What is the housing market like in Parsippany, NJ?

The local housing market is strong, with a median home price of $495,000 and an owner-occupied rate of nearly 64%. The market has seen a 6.0% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Parsippany offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$495,000
Average Rent For 2 Bedroom
$1,800
Owner Occupied Rate
64.0%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
6.0%
New Construction Rate
2.1%
Foreclosure Rate
0.4%

DMV Information

Residents of Parsippany handle vehicle services through the New Jersey Motor Vehicle Commission, conveniently located in Trenton. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New Jersey
Department
New Jersey Motor Vehicle Commission
Address
225 E. State Street, Trenton, NJ 08666
Phone
1-609-292-6500

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Parsippany, NJ

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Parsippany, review the core fields on this page: population 56,162, median home value $495,000, average rent for 2 bedroom $1,800, commute time 31.2 minutes, and sunny days percentage 54%.

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