2025 Compare Cities Economy:
Parsippany-Troy Hills, NJ vs Jefferson, NJ

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Highlights
- Household income in Jefferson, is 8% more than it is in Parsippany-Troy Hills and is 38% above the National Average.
- Parsippany-Troy Hills unemployment rate is 5.9%.
- Jefferson unemployment rate is 6.2%.
 Parsippany-Troy Hills, NJJefferson, NJUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth22.4%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$52,266  Unlock$37,638
 Household Income  Unlock$111,691$69,021
 Family Median Income$134,073  Unlock$85,028
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 Est. Households By Income
 Parsippany-Troy Hills, NJJefferson, NJUnited States
 Income Less Than 15K  Unlock8.0%9.4%
 Income between 15K and 20K1.9%  Unlock3.8%
 Income between 20K and 30K  Unlock2.7%8.1%
 Income between 30K and 40K4.1%  Unlock8.0%
 Income between 40K and 50K  Unlock2.5%7.6%
 Income between 50K and 60K4.0%  Unlock7.2%
 Income between 60K and 75K  Unlock6.9%9.6%
 Income between 75K and 100K17.6%  Unlock12.8%
 Income between 100K and 150K  Unlock22.4%16.3%
 Income between 150K and 200K13.2%  Unlock7.8%
 Income greater than 200K  Unlock18.1%9.5%
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 Population By Occupation
 Parsippany-Troy Hills, NJJefferson, NJUnited States
 Management, business, finance24.2%  Unlock16.4%
 Engineering, computers, science  Unlock8.9%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library6.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology5.4%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement0.8%  Unlock2.1%
 Food preparation, serving  Unlock5.5%5.4%
 Building maintenance2.6%  Unlock3.6%
 Personal care  Unlock3.3%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  Unlock7.5%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 Jefferson    2 Reviews

Over 17 years ago

Low taxes, GREAT schools, Wonderful recreation in and out of schools. Excellent teachers and staff. In and around Lake Hopatcong, fishing, boating and beaches  More

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Over 17 years ago

Great place to live in Morris County, NJ. Year round entertainment both indoors and outdoors. Great youth sports programs thru high school. Hunting, fishing etc. On  More

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