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

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Highlights
- Household income in Randolph, is 54% more than it is in Parsippany-Troy Hills and is 57% above the National Average.
- Parsippany-Troy Hills unemployment rate is 5.9%.
- Randolph unemployment rate is 6.1%.
 Parsippany-Troy Hills, NJRandolph, NJUnited States
 Unemployment Rate5.9%6.1%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth22.4%23.2%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$52,266$68,007$37,638
 Household Income$103,217$159,077$69,021
 Family Median Income$134,073$192,920$85,028
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 Est. Households By Income
 Parsippany-Troy Hills, NJRandolph, NJUnited States
 Income Less Than 15K5.1%4.3%9.4%
 Income between 15K and 20K1.9%1.4%3.8%
 Income between 20K and 30K3.3%2.7%8.1%
 Income between 30K and 40K4.1%4.2%8.0%
 Income between 40K and 50K4.7%1.6%7.6%
 Income between 50K and 60K4.0%3.9%7.2%
 Income between 60K and 75K7.4%5.4%9.6%
 Income between 75K and 100K17.6%9.0%12.8%
 Income between 100K and 150K19.9%14.8%16.3%
 Income between 150K and 200K13.2%13.1%7.8%
 Income greater than 200K18.8%39.5%9.5%
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 Population By Occupation
 Parsippany-Troy Hills, NJRandolph, NJUnited States
 Management, business, finance24.2%28.4%16.4%
 Engineering, computers, science17.6%12.1%6.5%
 Community, social services1.6%1.3%1.8%
 Legal0.9%1.8%1.2%
 Education, library6.8%7.2%6.2%
 Arts, design, media, sports, entertainment2.8%3.5%2.0%
 Healthcare practitioners and technology5.4%9.8%6.2%
 Healthcare support1.6%1.2%3.3%
 Firefighters, law enforcement0.8%1.3%2.1%
 Food preparation, serving3.4%1.1%5.4%
 Building maintenance2.6%1.8%3.6%
 Personal care2.4%3.3%2.6%
 Sales, office, administrative support20.9%18.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair2.8%3.7%8.1%
 Production, transportation, material moving6.2%5.3%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 Randolph    1 Reviews

Over 16 years ago

It's a place where a family can thrive well with lots of open space, trails, parks, active land conservation and good education. No wonder Money Magazine voted it once  More

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Start Your Review of Randolph


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