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Parsippany, NJ Apartments that Accept Cats and Dogs
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Cost of Living
51% Rent
vs
49% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Parsippany, NJ is 51% renters and 49% owners. The monthly average cost of rent in Parsippany is $1,543 per month and the yearly average income is $121,817 per year. This compares to an average rent of $1,451 in NJ and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Parsippany, NJ spend an average of 26.9 minutes commuting to work. 44% have short commutes under 20 minutes, 44% travel between 20 and 60 minutes, and 11% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Parsippany, NJ, 5% of residents rely on public transportation, 1% commute on foot, 1% use bicycles, and 93% opt for other modes such as cars and ride-sharing.
FAQs
What is the average price for a 1 Bedroom + 1 Bathroom in Parsippany?
The average price is $2,140.56.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Parsippany?
The average price is $3,106.00.
What is the average monthly rent for Parsippany?
Based on 2023 city data, the average monthly rent is $1,543.00.
What is the average commute time?
Based on 2017 city data, the average commute is 26.9 mins.