Home / Select Cities  /  2024 Comparing Parsippany-Troy Hills, NJ vs. Westfield, NJ

2024 Compare Cities Economy:
Parsippany-Troy Hills, NJ vs Westfield, NJ

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Highlights
- Household income in Westfield, is 80% more than it is in Parsippany-Troy Hills and is 63% above the National Average.
- Parsippany-Troy Hills unemployment rate is 5.9%.
- Westfield unemployment rate is 4.9%.

Economy
 Parsippany-Troy Hills, NJWestfield, NJUnited States
 Unemployment Rate5.9%4.9%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth22.4%22.5%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$52,266$89,226$37,638
 Household Income$103,217$185,319$69,021
 Family Median Income$134,073$225,846$85,028
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 Est. Households By Income
 Parsippany-Troy Hills, NJWestfield, NJUnited States
 Income Less Than 15K5.1%3.1%9.4%
 Income between 15K and 20K1.9%2.2%3.8%
 Income between 20K and 30K3.3%3.0%8.1%
 Income between 30K and 40K4.1%2.2%8.0%
 Income between 40K and 50K4.7%2.0%7.6%
 Income between 50K and 60K4.0%2.7%7.2%
 Income between 60K and 75K7.4%3.6%9.6%
 Income between 75K and 100K17.6%6.5%12.8%
 Income between 100K and 150K19.9%16.0%16.3%
 Income between 150K and 200K13.2%11.9%7.8%
 Income greater than 200K18.8%46.8%9.5%
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 Population By Occupation
 Parsippany-Troy Hills, NJWestfield, NJUnited States
 Management, business, finance24.2%33.0%16.4%
 Engineering, computers, science17.6%10.0%6.5%
 Community, social services1.6%1.3%1.8%
 Legal0.9%5.4%1.2%
 Education, library6.8%7.0%6.2%
 Arts, design, media, sports, entertainment2.8%3.3%2.0%
 Healthcare practitioners and technology5.4%5.7%6.2%
 Healthcare support1.6%0.5%3.3%
 Firefighters, law enforcement0.8%1.4%2.1%
 Food preparation, serving3.4%1.7%5.4%
 Building maintenance2.6%0.6%3.6%
 Personal care2.4%3.9%2.6%
 Sales, office, administrative support20.9%21.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair2.8%2.9%8.1%
 Production, transportation, material moving6.2%2.3%13.1%

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Reviews for Parsippany-Troy Hills    1 Reviews

Parsippany, NJ is one of the most desirable towns to live in Morris County for many reasons. -The location of Parsippany is perfect for NYC commuters -There are  More

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Reviews for Westfield    8 Reviews

Looking for a simpler life - taxes too high in New  More

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Over 13 years ago

As a resident for over 10 years, overall I have to say that Westfield is one of the most beautiful towns to live in within commuting distance to NYC! Here is a little  More

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Over 14 years ago

My family and I have been here for 11 years! Housing is expensive, but that is really the only downside (and snow!!!) Seriously, it is beautiful, clean, with great  More

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