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Moving to Parsippany Troy Hills, NJ

Thinking of making a move to Parsippany Troy Hills, 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 Troy Hills, NJ

Considering a move to Parsippany Troy Hills, NJ? This welcoming community of 56,162 residents offers a blend of suburban charm and convenience, with median home prices around $468,000 and average rents near $1,850. Commute times average 29 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 Troy Hills's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Parsippany Troy Hills, NJ

Parsippany Troy Hills 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 53% White, 6% Black, and 33% Asian residents, and over 22% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
56,162
Density
2,200 per sq mi
Median Age
41.2
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
21.7%

Ethnic Composition

White
53.2%
Black
5.5%
Asian
33.2%
Others
8.1%

Cost Of Living

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

The cost of living in Parsippany Troy Hills is higher than the national average, with a cost of living index of 129.5. Median home values are around $468,000 and average rents for a two-bedroom apartment are approximately $1,850. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$468,000
Gross Rent
$1,850
Monthly Electricity Charges
$140
Auto Insurance
$1,820
House Owner Cost With Mortgage
$2,350
House Owner Cost Without Mortgage
$730
State Taxes
Low: 1.4%| High: 10.75%
Cost Of Living Index
129.5
Grocery
120.3
Housing
139.0
Utilities
113.1
Transportation
125.2
Health Care
113.4
Miscellaneous
110.2

Crime

Is Parsippany Troy Hills, NJ a safe place to live?

Parsippany Troy Hills is considered a safe community, with a low violent crime rate of 74 incidents per 100,000 residents and a property crime chance of 1 in 102. 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
74
Property Crimes Per 100k
978
Crime Index
1,052
Chance Of Violent Crime
1 in 1,350
Chance Of Property Crime
1 in 102

Weather

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

Parsippany Troy Hills experiences four distinct seasons, with warm summers reaching highs of 86°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
39°F

Summer

Min
63°F
Max
86°F

Spring

Min
44°F
Max
67°F

Fall

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

Neighbors

The neighborhood boasts a healthy median household income of $108,300 and a low poverty rate of 4.7%. Over 94% of residents have at least a high school diploma, and nearly 51% hold a bachelor's degree or higher. Commute times average 29 minutes, and almost 9% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$48,600
Household Income
$108,300
Family Income
$120,100
Per Capita Income
$50,800
Income Male
$59,100
Income Female
$47,500
Poverty Rate
4.7%
Non English Speakers
33.9%
Rent
$1,850
Unemployment Rate
3.8%
Public Transport Usage
8.5%
Commute Time
29.4 minutes

Education

High School or Higher
94.4%
Bachelors or More
51.0%

Education

How are the schools in Parsippany Troy Hills, NJ?

Parsippany Troy Hills 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
11.7
Name
Parsippany Hills High School
Street
20 Rita Dr
Phone
973-682-2815
Students
1,080
Student Teacher Ratio
12.3

Private Schools

Name
All Saints Academy
Street
189 Baldwin Rd
Phone
973-334-4704
Students
210

Colleges

Name
County College of Morris
City
Randolph
State
NJ
Distance
7 miles
Students
7,500
Name
Fairleigh Dickinson University
City
Florham Park
State
NJ
Distance
10 miles
Students
8,500

Healthcare

Parsippany Troy Hills residents have access to quality healthcare, with major hospitals like Saint Clare's Denville Hospital and Morristown Medical Center nearby. The community benefits from a high physician-to-resident ratio of 3.0 per 1,000 people and 94.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

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

Healthcare Access

Physicians Per 1000
3.0
Health Insurance Coverage
94.1%
Health Care Index
76.9

Housing Market

What is the housing market like in Parsippany Troy Hills, NJ?

The local housing market is strong, with a median home price of $468,000 and an owner-occupied rate of nearly 66%. The market has seen a 6.1% appreciation over the past year, and rental vacancy rates remain moderate at 4.3%. Parsippany Troy Hills offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$468,000
Average Rent For 2 Bedroom
$1,850
Owner Occupied Rate
65.9%
Rental Vacancy Rate
4.3%
Home Appreciation Rate (1yr)
6.1%
New Construction Rate
2.3%
Foreclosure Rate
0.4%

DMV Information

Residents of Parsippany Troy Hills handle vehicle services through the New Jersey Motor Vehicle Commission, conveniently located in Randolph. 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
160 Canfield Ave, Randolph, NJ 07869
Phone
1-888-486-3339

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 Troy Hills, 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 Troy Hills, review the core fields on this page: population 56,162, median home value $468,000, average rent for 2 bedroom $1,850, commute time 29.4 minutes, and sunny days percentage 54%.

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