Median Age
44 Years
Largest Age Group
40-49 Years
Approximately 14% of Residents
Under 20
22%
Over 65
20%
Parsippany-Troy Hills
Parsippany-Troy Hills, NJ Area Guide
Charming town along the lake
Location
•
Waterfront
•
Community
•
Parsippany–Troy Hills is the kind of North Jersey place where you can be on I-287 in minutes, yet still end the day near a lake with porch lights flickering on around the shoreline. Big roads knit everything together, so quick runs for groceries, takeout, and everyday basics feel easy, especially around Route 10 and the Route 46 stretch. When you want a breather, the township’s park system spreads across dozens of spots, including larger preserves like Knoll Park, which gives the area a surprisingly green backdrop for such a well-connected hub.
Each section has its own rhythm, from Lake Hiawatha’s neighborhood streets to Mount Tabor’s tucked-away vibe, with Troy Hills and Parsippany Hills offering plenty of quiet pockets between busier corridors. Rentals lean practical: garden-style buildings, duplex-style homes, and townhome layouts show up often, while newer mid-rise options and amenity-forward apartment community choices cluster closer to main routes for commuters who like an elevator and a gym down the hall. Getting around the region is part of the appeal, with major highways framing the township and rail access nearby for trips toward Newark and New York.
On weekends, locals tend to pivot toward fields, courts, and trails, with county recreation options adding even more space to roam. The township keeps a steady calendar too, including a Fall Festival held at Smith Field Park, which turns an ordinary Saturday into one of those “let’s just go see what’s happening” afternoons.
Demographics
Median Household Income
$126,033
Average: $156,690
Education
11,284
Residents Have a Degree
Job Market
11,610
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Parsippany-Troy Hills has more homeowners than renters.
Renters
31%
Non-Renters
69%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
47%
Other Education
53%
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Parsippany-Troy Hills, NJ is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Minimal Public Transit
Transit
10
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Scores provided by
Schools
Public
Grades PK-5
449 Students
Lake Parsippany Elementary School
Public
Grades K-5
301 Students
Public
Grades K-5
371 Students
Public
Grades PK-5
370 Students
Public
Grades K-5
369 Students
Public
Grades 6-8
904 Students
Public
Grades 6-8
781 Students
Public
Grades 9-12
886 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Whippany Railway Museum
- Conklin Farm
- Frelinghuysen Arboretum
- Tourne County Park
- NJ Audubon Essex County Environmental Center
Commuter Rail
Military Bases
Airports
- Newark Liberty International
- LaGuardia
Top Apartments in Parsippany-Troy Hills
Houses for Rent in Parsippany-Troy Hills
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.