Parsippany-Troy Hills township

County:: Morris County
County Seat:: No
Area (mi²):: 23.632
State:: New Jersey

Parsippany-Troy Hills township is located in Morris County, New Jersey. Parsippany-Troy Hills township has a 2025 population of 56,607. Parsippany-Troy Hills township is currently growing at a rate of 0.28% annually and its population has increased by 1.04% since the most recent census, which recorded a population of 56,024 in 2020.

The average household income in Parsippany-Troy Hills township is $145,106 with a poverty rate of 4.39%. The median age in Parsippany-Troy Hills township is 42.4 years: 42.5 years for males, and 42.4 years for females.

Demographics

The racial composition of Parsippany-Troy Hills township includes 49.59% White, 38.11% Asian, 3.21% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	27,805	49.59%
Asian	21,368	38.11%
Two or more races	3,648	6.51%
Black or African American	1,800	3.21%
Other race	1,321	2.36%
Native American	130	0.23%
Native Hawaiian or Pacific Islander	0	0%

Parsippany-Troy Hills township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Parsippany-Troy Hills township's average per capita income is $77,564. Household income levels show a median of $112,923. The poverty rate stands at 4.39%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$157,536	-
Families	$148,266	$175,661
Households	$112,923	$145,106
Non Families	$76,915	$89,978

$77,564

Average Income

$112,923

Median Household Income

4.39%

Poverty Rate