Parsippany, NJ 07054 ZIP Code Profile

Related Place Profiles:
Parsippany, NJ | Troy Hills, NJ
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ZIP Code 07054: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Parsippany, NJ 07054

Not Acceptable, USPS
Parsippany Troy Hills, NJ 07054
Troy Hills, NJ 07054

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 1,825
  • Single Family Addresses: 10,722
  • Multi-Family Addresses: 807
  • County: Morris County
  • Centroid: Latitude 40.859, Longitude -74.413
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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07054 ZIP Code Map

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Parsippany, NJ 07054 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 30,645
Daytime Population: Workers 46,047
Daytime Population: Residents 14,583
Total Daytime Population (TDP) 60,630
Ratio TDP/Total Population1 1.98
Population in Households 30,362
Population in Familes 25,718
Population in Group Qrtrs 283
Population Density2 2,074
Diversity Index3 66
 

INCOME

Median Household Income $83,869
Average Household Income $111,597
Per Capita Income $42,975

HOUSING

Total Housing Units 12,259 (100%)
Owner Occupied HU 6,151 (50.2%)
Renter Occupied HU 5,555 (45.3%)
Vacant Housing Units 553 ( 4.5%)
Median Home Value $452,937
Average Home Value $478,130
 

HOUSEHOLDS

Total Households 11,706
Average Household Size 2.59
Family Households 8,120
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.4% 0.34%
Households 0.37% 0.33%
Families 0.28% 0.27%
Median Household Income   3.22%
Per Capita Income   2.84%

Parsippany, NJ 07054 - Peer Comparisons by Rank and Percentile

The table below compares 07054 to the other 579 ZIP Codes in New Jersey by rank and percentile using July 1, 2017 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 # 85 85th
Population Density # 288 50th
Diversity Index # 133 77th
Median Household Income # 265 54th
Per Capita Income # 233 60th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.


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