Parsippany is a medium-sized town located in the state of New Jersey. With a population of 22,778 people and seven associated neighborhoods, Parsippany is the 84th largest community in New Jersey. Housing costs in Parsippany are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.Parsippany is a decidedly white-collar town, with fully 91.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Parsippany is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Parsippany who work in management occupations (14.30%), computer science and math (13.02%), and office and administrative support (12.15%). Also of interest is that Parsippany has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Parsippany telecommute to their jobs. Overall, about 13.51% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. If knowledge is power, Parsippany is a pretty powerful place. 60.52% of the adults in Parsippany have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Parsippany in 2022 was $53,762, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $215,048 for a family of four. Parsippany is an extremely ethnically-diverse town. The people who call Parsippany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Parsippany residents report their race to be Asian, followed by White. Important ancestries of people in Parsippany include Italian, Irish, German, Polish, and Russian. Foreign born people are also an important part of Parsippany's cultural character, accounting for 44.21% of the town’s population. The most common language spoken in Parsippany is English. Other important languages spoken here include Langs. of India and Chinese.
