ZIP Code 07054 — Parsippany, NJ

Morris | 2024 Census Data

Key Takeaway

ZIP code 07054 in Parsippany, NJ has a population of 29,480 with a median household income of $104,214 and a median home value of $587,000 . The cost of living index is 183.5 (national average = 100).

Population & Age

Total Population
29,480
Median Age
41.80
Male
14,844
Female
14,636

Race & Ethnicity

White
42.2%
Black
4.1%
Hispanic
9.0%
Asian
43.4%
Native American
0.2%
Pacific Islander
0.0%
Two or More
7.6%
Other
2.5%

Income

Median Household
$104,214
Mean Household
$140,505
Per Capita
$59,281
Below Poverty
6.4%

Housing

Median Home Value
$587,000
Median Rent
$1,731
Total Units
12,607
Occupied
12,252
Owner Occupied
49.7%
Renter Occupied
50.3%
Median Year Built
1969
Vacant
355

Education

High School or Higher 92.6%
Bachelor's or Higher 61.4%
Graduate Degree 26.8%

Employment & Commuting

Labor Force
17,298
Unemployment
6.1%
Drive Alone
65.3%
Public Transit
3.4%
Work from Home
20.2%
Avg Commute
N/A

Cost of Living Index

183.5
National average = 100. Above average by 83.5%.

Nearby ZIP Codes

07981
Whippany
2.0 mi
07034
Lake hiawatha
2.5 mi
07046
Mountain lakes
3.2 mi
07936
East hanover
3.2 mi
07927
Cedar knolls
3.3 mi
07058
Pine brook
3.8 mi
07878
Mount tabor
3.9 mi
07045
Montville
4.4 mi
07834
Denville
4.7 mi
07005
Boonton
4.8 mi
07961
Morristown
5.3 mi
07932
Florham park
5.5 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 07054?

ZIP code 07054 (Parsippany, NJ) has a total population of 29,480 according to the 2024 American Community Survey.

What is the median household income in ZIP code 07054?

The median household income in ZIP code 07054 is $104,214 per year, based on 2024 Census Bureau data.

What city is ZIP code 07054 in?

ZIP code 07054 is primarily located in Parsippany, New Jersey (NJ).

What is the median home value in ZIP code 07054?

The median home value in ZIP code 07054 is $587,000, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 07054?

The median age in ZIP code 07054 is 41.80 years, compared to the national median of 38.9 years.