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Population Review

Parsippany, New Jersey Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Parsippany, New Jersey is 21,869 as of the 2023 American Community Survey, making it the 50th-largest city in New Jersey. The median household income is $102,152, the median home value is $540,800, and the median age is 41.4.

21,869

Population

3593

People / sq mi

$102,152

Median Income

$540,800

Median Home Value

Parsippany covers 6.1 sq mi of land at 3593 people per square mile.

About Parsippany, NJ

Parsippany is a city in New Jersey with a population of 21,869. It ranks #50 among cities in New Jersey by population. The median age is 41.4, older than the national median. The population is 48.9% male and 51.1% female.

The median household income in Parsippany is $102,152, above the US median of $74,580. 5.6% of residents live below the federal poverty level. Home values sit at a median of $540,800, with monthly rent averaging $1,732. The homeownership rate of 49.3% is lower than the national rate of 64.8%.

Educational attainment in Parsippany reflects 60.0% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 16.2% of workers primarily work from home, similar to the national work-from-home rate of 14.2%. The average commute is 26.8 minutes each way.

Race & Ethnicity

White43.0%
Black or African American3.9%
Asian0.0%
Hispanic or Latino (any race)0.3%
Two or More Races0.0%

Economy & Income

$102,152

Median Household Income

$55,467

Per Capita Income

5.6%

Poverty Rate

3.7%

Unemployment Rate

Housing

$540,800

Median Home Value

$1,732

Median Rent

49.3%

Owner-Occupied

Education

92.4%

High School+

60.0%

Bachelor's+

Commute

3.4%

Drive Alone

69.1%

Public Transit

16.2%

Work From Home

26.8 min

Avg Commute

Community Profile

13.1%

Foreign Born

48.7%

Non-English at Home

2.3%

Veterans

11.0%

With Disability

96.3%

Health Insurance

94.4%

Internet Access

Employment by Industry

Finance, Insurance & Real Estate21.5%
Professional, Scientific & Management19.8%
Manufacturing12.9%
Information9.6%
Education, Health Care & Social Services6.4%
Arts, Entertainment & Food Services3.8%
Construction3.4%
Transportation & Warehousing3.3%
Retail Trade3.1%
Public Administration3.1%
Agriculture & Mining0.1%

Largest cities in New Jersey

Largest counties in New Jersey

Part of New Jersey

Metro areas in New Jersey

City rankings

Frequently Asked Questions

Parsippany, New Jersey has a population of 21,869 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 50th-largest city in New Jersey.

The median household income in Parsippany, New Jersey is $102,152, with 5.6% of residents living below the federal poverty level.

The median home value in Parsippany, New Jersey is $540,800, with median monthly rent at $1,732 and a homeownership rate of 49.3%.

The median age in Parsippany, New Jersey is 41.4 years. The population is 48.9% male and 51.1% female.

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.