07054 ZIP Code Profile, Map, Data & Demographics

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
  • County: Morris County
  • Centroid: Latitude 40.859, Longitude -74.413
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 1,934
  • PO Box Addresses: 197
  • Residential Addresses: 11,833
    • Multi-Family Addresses: 1,041
    • Single Family Addresses: 10,792

The ZIP Code maps and database are updated 4 times per year.
Database updated: March 1, 2026, Maps updated: May 1, 2024.

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Parsippany, NJ 07054 Data & Demographics

Source: 2020-2024 American Community Survey 5-Year Estimates

POPULATION

Total Population 29,480 (100%)
Population Density 2,132 per sq mi
Diversity Index1 64
 
 

INCOME

Median Household Income $104,214
Per Capita Income $59,281
Median Home Value $587,000
 

HOUSING

Total HU (Housing Units) 12,607 (100%)
Owner Occupied HU 6,094 (48.3%)
Renter Occupied HU 6,158 (48.8%)
Vacant Housing Units 355 (2.8%)
 

HOUSEHOLDS

Total Households 12,252
Average Household Size 2.39
Family Households 7,824 (63.9%)
NOTES
  1. The Diversity Index estimates the likelihood that two persons chosen at random from the same area belong to different race or ethnic groups, based on five groups: Hispanic/Latino, Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian, and Non-Hispanic Other/Multiracial. A value of 0 indicates the population belongs entirely to one group. Higher values indicate a more evenly mixed population. Calculated from U.S. Census Bureau ACS 5-year estimates (table B03002).

Parsippany, NJ 07054 - Peer Comparisons by Rank and Percentile

The table below compares 07054 to the other 33,772 ZIP Codes in the United States by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates 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 # 3874 89th
Population Density # 5019 85th
Median Household Income # 5576 83rd
Per Capita Income # 3788 89th
Diversity Index # 2340 93rd

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


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