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A+
Overall Niche Grade
How are grades calculated?
  1. Public Schools
    A+
  2. Crime & Safety
    B+
  3. Housing
    B
  4. Nightlife
    A-
  5. Good for Families
    A+
  6. Diversity
    A
  7. Jobs
    B
  8. Weather
    B-
  9. Cost of Living
    C
  10. Health & Fitness
    A+
  11. Outdoor Activities
    A
  12. Commute
    B+

Real Estate

Median Home Value
$416,800
National
$184,700
Median Rent
$1,223
National
$949
Area Feel
Suburban
Rent vs. Own
  • Rent
    37%
  • Own
    63%

Parsippany-Troy Hills Township Rankings

Niche ranks thousands of places to live based on key statistics from the U.S. Census and and expert insights.

Crime & Safety

Crime & Safety
B+
Based on violent and property crime rates.
Violent Crimes
  • Calculated annually per 100,000 residents
National
  • Assault
    30
    283
  • Murder
    0
    6
  • Rape
    6
    41
  • Robbery
    21
    136
Property Crimes
  • Calculated annually per 100,000 residents
National
  • Burglary
    153
    500
  • Theft
    486
    2,043
  • Motor Vehicle Theft
    39
    284

Residents

Diversity
A
Based on ethnic and economic diversity.
Median Household Income
$90,604
National
$55,322
Children
16%
Education Levels
National
  • Master's degree or higher
    22%
    12%
  • Bachelor's degree
    32%
    19%
  • Some college or associate's degree
    18%
    29%
  • High school diploma or equivalent
    21%
    28%
  • Less than high school diploma
    7%
    13%
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Parsippany-Troy Hills Township Reviews

82 reviews
All Categories
I have lived in Parsippany for over 20 years. I feel it is a safe place to live. I love the diversity of the community and accepting atmosphere. This aspect has been a very strong factor for me while raising my children here. I also enjoy the access to numerous major highways to connect me with different parts of New Jersey and beyond. I feel the public education system is like no other. It provides the students with a challenging curriculum, while also providing excellent services for others who struggle academically. Most of all it allows them the opportunity to develop into who they were meant to be instead of a “cloning” type of formula. This community best reflects my belief system in general— acceptance, equality and respect.
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It is a very nice area with many parks, high ranking schools, and family activities. Also, we were ranked the 5th best place to live in the United States by Money Magazine in September of 2016! A wonderful place to settle down and experience all four seasons to their fullest. Parents and kids alike will love the atmosphere and quiet that our beautiful town has to offer.
Parsippany is a great place to live, hence the nickname "The Place to Be". It has a lot of community value, great public schools, a great library, many restaurants, some recreational places/athletic fields, etc. One thing I would like to see more of is places to go to on the weekend for kids, teenagers, and adults.Other than that, I wouldn't change anything about it!