2025 Compare Cities Economy:
Parsippany-Troy Hills, NJ vs Hoffman Estates, IL

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Highlights
- Household income in Hoffman Estates, is 7% less than it is in Parsippany-Troy Hills and is 28% above the National Average.
- Parsippany-Troy Hills unemployment rate is 5.9%.
- Hoffman Estates unemployment rate is 5.4%.
 Parsippany-Troy Hills, NJHoffman Estates, ILUnited States
 Unemployment Rate  Unlock5.4%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth22.4%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$52,266  Unlock$37,638
 Household Income  Unlock$96,274$69,021
 Family Median Income$134,073  Unlock$85,028
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 Est. Households By Income
 Parsippany-Troy Hills, NJHoffman Estates, ILUnited States
 Income Less Than 15K  Unlock4.7%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock4.3%8.1%
 Income between 30K and 40K4.1%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K4.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.9%9.6%
 Income between 75K and 100K17.6%  Unlock12.8%
 Income between 100K and 150K  Unlock22.0%16.3%
 Income between 150K and 200K13.2%  Unlock7.8%
 Income greater than 200K  Unlock12.1%9.5%
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 Population By Occupation
 Parsippany-Troy Hills, NJHoffman Estates, ILUnited States
 Management, business, finance24.2%  Unlock16.4%
 Engineering, computers, science  Unlock11.3%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library6.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology5.4%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock4.7%5.4%
 Building maintenance2.6%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.8%  Unlock8.1%
 Production, transportation, material moving  Unlock11.2%13.1%
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 Hoffman Estates    3 Reviews

Over 15 years ago

Relative easy access and good services  More

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Hoffman Estates is a good place to live. The best thing is the job market and the availability of good paying jobs. In certain areas housing is reasonably priced for  More

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Over 17 years ago

Hoffman estates growing to greatness is it's motto and ambition. Home of Sears National Headquarters, as well as the newest indoor auditorium the Sears Center, Hoffman  More

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