Also See Troy Hills, NJ: ZIP Codes & Maps
The Troy Hills CDP(1) had a population of 5,033 as of July 1, 2023.
The primary coordinate point for Troy Hills is located at latitude 40.8529 and longitude -74.3921 in Morris County. Morris County is in the Eastern time zone (GMT -5).
It also has a Functional Status Code of ""
The Troy Hills Census Designated Place is located within Township of Parsippany-Troy Hills, a minor civil division (MCD) of Morris County.
POPULATION | |
---|---|
Total Population | 5,033 (100%) |
Population in Households | 4,877 (96.9%) |
Population in Families | 4,636 (92.1%) |
Population in Group Quarters1 | 156 ( 3.1%) |
Population Density | 1,749 |
Diversity Index2 | 62 |
INCOME | |
Median Household Income | $188,071 |
Average Household Income | $234,661 |
% of Income for Mortgage4 | 19% |
Per Capita Income | $73,516 |
Wealth Index5 | 292 |
Socioeconomic Status Index6 | Moderate (63.3) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,619 (100%) |
Owner Occupied HU | 1,448 (89.4%) |
Renter Occupied HU | 128 ( 7.9%) |
Vacant Housing Units | 43 ( 2.7%) |
Median Home Value | $585,320 |
Average Home Value | $593,267 |
Housing Affordability Index3 | 115 |
HOUSEHOLDS | |
Total Households | 1,576 |
Average Household Size | 3.09 |
Family Households | 1,385 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.29% | -0.62% |
Households | 0.00% | -0.27% |
Families | -0.26% | |
Median Household Income | 1.24% | |
Per Capita Income | 2.44% | |
Owner Occupied HU | -0.14% |
The table below compares Troy Hills to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 289 | 59th |
Population Density | # 402 | 43rd |
Median Household Income | # 43 | 94th |
Housing Affordability Index | # 646 | 92nd |
Per Capita Income | # 134 | 81st |
Diversity Index | # 248 | 65th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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