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Parsippany, NJ 07054

Average July Temperature
HighLow
8563
Average January Temperature
HighLow
3619
Annual Precipitation: 51 inches

Residency Info


Population

Zip Code: 07054
Compare To Zip Code:
Total Population: 29677
Male Population: 14599
Female Population: 15079
Zip Code 07054 Population: 29677
Morris County Population: 498236
New Jersey Population: 8831614
Growth/Decline in Parsippany Population Since 1990: 11%
Growth/Decline in Morris County Population Since 1990: 18%
Growth/Decline in New Jersey Population Since 1990: 14%

Population by Age

Zip Code: 07054
Compare To Zip Code:
Median Age: 40
0 - 4 Years: 1670
5 - 9 Years: 1612
10 - 14 Years: 1753
15 - 19 Years: 1789
20 - 24 Years: 1957
25 - 29 Years: 1911
30 - 34 Years: 1791
35 - 39 Years: 2126
40 - 44 Years: 2286
45 - 49 Years: 2370
50 - 54 Years: 2191
55 - 59 Years: 2114
60 - 64 Years: 1885
65 - 69 Years: 1416
70 - 74 Years: 976
75 - 79 Years: 712
80 - 84 Years: 536
Over 85 Years: 583

Population by Race / Ethnicity

Zip Code: 07054
Compare To Zip Code:
White: 18837
Black: 810
American Indian, Eskimo, Aleut: 3
Asian: 8468
Other: 722
Hawaiiian, Pacific Islander: 17
Hispanic: 3126
Non Hispanic: 26552

Population by Educational Level

Zip Code: 07054
Compare To Zip Code:
Less than 9th Grade: 580
Some High School: 1131
High School 4819
Some College: 3058
Associate Degree: 1324
Bachelors Degree: 6499
Graduate Degree: 3485

Dwellings

Zip Code: 07054
Compare To Zip Code:
Median Dwelling Age: 35 years
Vacant Dwellings: 659
Owner-Occupied: 6215
Renter-Occupied: 4868

Population by Marital Status

Zip Code: 07054
Compare To Zip Code:
Never Married: 6137
Now Married: 14015
Separated: 1157
Widowed: 1630
Divorced: 1697

Households

Zip Code: 07054
Compare To Zip Code:
Total Number of Households: 11083
Family: 7321
Non-Family: 3763
With Children: 2915
No Children: 8170
Average Household Size: 3

Finance


Median Income

Zip Code: 07054
Compare To Zip Code:
Per Capita Income: $30,856
Median Disposable Income: $63,243
Median Income, Age Less than 25: $47,195
Median Income, Age 25 - 34: $71,297
Median Income, Age 35 - 44: $78,986
Median Income, Age 45 - 54: $89,630
Median Income, Age 55 - 64: $91,406
Median Income, Age 65 - 74: $76,968
Median Income, Age Over 75: $49,310

Household Income

Zip Code: 07054
Compare To Zip Code:
Median Household Income: $78,946
Average Household Income: $80,760
Households $0 - $10,000: 521
Households $10,000 - $15,000: 287
Households $15,000 - $20,000: 257
Households $20,000 - $25,000: 244
Households $25,000 - $30,000: 304
Households $30,000 - $35,000: 362
Households $35,000 - $40,000: 367
Households $40,000 - $45,000: 429
Households $45,000 - $50,000: 438
Households $50,000 - $60,000: 967
Households $60,000 - $75,000: 1066
Households $75,000 - $100,000: 1798
Households $100,000 - $125,000: 1425
Households $125,000 - $150,000: 846
Households $150,000 - $200,000: 1025
Households $200,000 - $250,000: 354
Households $250,000 - $500,000: 322
Households Greater than $500,000: 72

Expenditure Index (100 = National Average)

Zip Code: 07054
Compare To Zip Code:
Average Total Household Expenditure: $60,677
Total Household Expenditure: 117
Contributions: 126
Personal Insurance: 125
Apparel: 118
Education: 130
Entertainment: 118
Food and Beverages: 114
Health Care: 111
Furnishings and Equipment: 121
Shelter: 118
Household Operations: 124
Miscellaneous: 115
Personal Care: 116
Reading: 118
Tobacco: 103
Transportation: 116
Utilities: 112
Gifts: 125

Net Worth

Zip Code: 07054
Compare To Zip Code:
Median Household Net Worth: $212,628
Average Household Net Worth: $687,352
$0 or Less: 1124
$1 to $5,000: 1241
$5,000 - $10,000: 688
$10,000 - $25,000: 1288
$25,000 - $50,000: 1456
$50,000 - $100,000: 1857
$100,000 - $250,000: 2320
$250,000 - $500,000: 979
Greater than $500,000: 588

Median Value of Assets

Zip Code: 07054
Compare To Zip Code:
Transaction Accounts: $35,807
Certificates of Deposit: $8,291
Savings Bonds: $1,361
Bonds (Non US Savings): $18,069
Stocks: $56,164
Mutual Funds: $44,302
Retirement Accounts: $96,201
Cash Value Life Insurance: $8,179
Other Managed Accounts: $22,445
Other Financial Assets: $6,475
Any Financial Assets: $297,294
Vehicles Owned: $21,542
Home Equity: $225,213
Investment Property: $54,823
Business Equity: $38,139
Other Non-Financial Assets: $148,767
Any Non-Financial Assets: $7,667

Median Value of Debt

Zip Code: 07054
Compare To Zip Code:
Mortgage: $496,153
Installment Loans: $79,173
Lines of Credit: $11,245
Credit Card: $983
Investment Real Estate: $10,062
Other: $20,341
Total Debts: $247,407

Vehicles

Zip Code: 07054
Compare To Zip Code:
No Vehicles: 6
One Vehicle: 33
Two or More Vehicles: 61

Employment


Occupation

Zip Code: 07054
Compare To Zip Code:
White Collar: 39905
Blue Collar: 5987

Business Counts

Zip Code: 07054
Compare To Zip Code:
Executives, Managers, Administrators: 9419
Professional Specialty Occupations: 6461
Sales Professionals: 2197
Technologies and Technicians: 1801
Sales Workers and Clerks: 4393
Administrative Support: 11450
Technical, Sales and Administative, Field Based: 97
Private Household: 0
Protective Services: 537
Other Services, Site Based: 3438
Other Services, Field Based: 112
Farming, Forestry and Fishing: 419
Precision, Craft, and Repair, Site Based: 2452
Construction, Repair and Mining, Field Based: 604
Machine Operators, Assemblers and Inspectors: 706
Transportation Materials Moving Workers: 1044
Handlers, Helpers and Laborers: 762

Employees

Zip Code: 07054
Compare To Zip Code:
Agricultural, Forestry, Fishing: 166
Mining: 15
Construction: 737
Manufacturing: 6637
Transportation and Communications: 1689
Wholesale Trade: 1181
Retail Trade: 4076
Finance, Insurance and Real Estate: 13876
Services: 17208
Public Administation: 306
Unclassified: 640

Quality of Life


Weather Index (100=National Average)

Zip Code: 07054
Compare To Zip Code:
Average January High Temperature: 36° F
Average January Low Temperature: 19° F
Average July High Temperature: 85° F
Average July Low Temperature: 63° F
Annual Precipitation: 51 inches
Earthquake: 107
Weather Risk: 86
Hail: 53
Hurricane: 103
Tornado: 58
Severe Wind: 163
Air Pollution: 99
Ozone: 103
Carbon Monoxide: 123
Lead: 84
NO2: 103
Particulate Matter: 83

Crime Index (100=National Average)

Zip Code: 07054
Compare To Zip Code:
Total Crime Risk (Personal and Property Crimes): 4
Personal Crime Risk (Rape, Murder, Assault, Robbery): 4
Murder: 9
Rape: 5
Robbery: 3
Assault: 2
Property Crime: 4
Burglary: 4
Larceny: 4
Motor Vehicle Theft: 5

Transportation to Work

Zip Code: 07054
Compare To Zip Code:
Public: 4%
Drive, Carpool: 92%
Walk, Bike, Other: 3%
Work at Home: 2%
Median Travel Time (minutes): 21

Turnover

Zip Code: 07054
Compare To Zip Code:
In Current Residence 5+ Years: 36%
Annual Residential Turnover: 14%
Median Years in Residence: 4

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