Parsippany-Troy Hills township, New Jersey has a population of 56,618, with a median household income of $118,114.
Current median income data for Parsippany-Troy Hills township.
56,618
$118,114
2.40%
$521,114
0.30
289.80 Mbps
Parsippany-Troy Hills township is a smaller urban community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Parsippany-Troy Hills township is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.
Parsippany-Troy Hills township has a population of 56,618, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.
The median household income in Parsippany-Troy Hills township is $118,114, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Parsippany-Troy Hills township average around $521,114, which is relatively high compared to other cities in New Jersey.
The unemployment rate in Parsippany-Troy Hills township is 2.40%, which is lower than the state average, indicating a relatively strong job market. Parsippany-Troy Hills township has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in New Jersey, Parsippany-Troy Hills township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Parsippany-Troy Hills township offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.
The population of Parsippany-Troy Hills township is approximately 56,618.
Parsippany-Troy Hills township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Parsippany-Troy Hills township is around $118,114.
The average housing price in Parsippany-Troy Hills township is approximately $521,114.