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 and multiracial populations.

Population by Race

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%

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