Parsippany vs Princeton, New Jersey
Side-by-side comparison
How does Parsippany, NJ compare to Princeton, New Jersey, NJ? Parsippany has a population of 21,869 with a median household income of $102,152, while Princeton, New Jersey has 30,451 residents and a median income of $184,113. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Parsippany, NJ | Princeton, New Jersey, NJ | Difference |
|---|---|---|---|
| Population | 21,869 | 30,451 | -28.2% |
| Median Age | 41.4 | 27.5 | +50.5% |
| Foreign Born % | 44.2% | 29.9% | +47.8% |
| Metric | Parsippany | Princeton, New Jersey | Difference |
|---|---|---|---|
| Median Income | $102,152 | $184,113 | -44.5% |
| Unemployment | 5.4% | 4.5% | +20.0% |
| Poverty Rate | 5.9% | 6.8% | -13.2% |
| Bachelor's+ | 60% | 84.6% | -29.1% |
| Metric | Parsippany | Princeton, New Jersey | Difference |
|---|---|---|---|
| Home Value | $540,800 | $1,040,400 | -48.0% |
| Median Rent | $1732/mo | $2448/mo | -29.2% |
| Housing Units | 9,331 | 9,737 | -4.2% |