Living in Parsippany-Troy Hills, NJ
Suburb in New Jersey
Parsippany-Troy Hills is a suburb in New Jersey, home to about 56,000 people, with 13.0 million living within 31 mi. Day to day, much of daily life is walkable. Life moves at a fast pace, and homes are mostly apartments.
Is Parsippany-Troy Hills a good place to live? Pros and cons
👍 Pros
- Strong healthcare: 22 top-rated (4–5★) hospitals within 31 mi
- Big job market: about 13.0 million people live within 31 mi
- Safe: violent crime is 0.1× the US rate (FBI 2019)
- Highly educated: 60% of adults have a bachelor's degree or higher, and 13 research universities are within 31 mi
👎 Cons
- Higher taxes: about $2,267 state income tax per resident, 1.92% property tax
- Cloudier than most places
- Pricey housing: a typical 3-bedroom home is about $605k, and rent is $2,760 a month
Whether it's a good place for you depends on what you value. Take the quiz to see how Parsippany-Troy Hills ranks against your own priorities.
Key facts
Living in Parsippany-Troy Hills: common questions
What is the cost of living in Parsippany-Troy Hills?
A typical 3-bedroom home is worth about $605k, and a 3-bedroom rents for about $2,760 a month including utilities. Overall living costs are above the US average (index 113, where the US is 100).
What are taxes like in Parsippany-Troy Hills?
New Jersey collects about $2,267 in state income tax per resident, and homeowners here pay about 1.92% of their home's value in property tax each year.
Is Parsippany-Troy Hills safe?
Violent crime is well below the national rate (0.1× in FBI 2019 data).
How are the schools in Parsippany-Troy Hills?
Public schools in Parsippany-Troy Hills test well above the US average in math and reading (2018–19 state tests, put on one national scale with NAEP), with about 11 students per teacher.
What is the weather like in Parsippany-Troy Hills?
Parsippany-Troy Hills has cold winters: winter days average around 40°F and summer days around 83°F, with roughly 24″ of snow a year.
Does Parsippany-Troy Hills get natural disasters?
Natural disaster risk is moderate, mainly from flooding: 13 federally declared disasters have hit the county since 2000, and FEMA expects about 0.48 deaths or injuries per 100,000 residents a year.
What is the nearest major airport to Parsippany-Troy Hills?
The nearest major airport is EWR, about 17 mi away.
How Parsippany-Troy Hills scores
Each bar compares Parsippany-Troy Hills with the other 1,990 places in Best Life Fit Me. A dot shows where it sits between two ends, such as major metro and small town; neither end is better. Coloured bars run from poor (red) to excellent (green).
Places like Parsippany-Troy Hills
These places have the most similar overall profile across all 24 aspects.
The circle is each place's all-round score out of 100: the average of its 15 quality scores, from red (poor) to green (excellent).
Nearby
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Is Parsippany-Troy Hills right for you?
Answer 27 quick questions and see how it ranks against your priorities.