Parsippany, NJ
21,345Residents
$99,405Median household income
$1,742/moMedian gross rent
$555,400Median home value
42.2Median age
60%Adults with a bachelor’s degree or higher
48%Homes lived in by their owners
5.6×Home value to household income
Median rent takes about 21% of the median household income in Parsippany.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $70,000 a year. In New Jersey that leaves roughly $4,548 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.