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

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Highlights
- Household income in Parsippany-Troy Hills, is 11% less than it is in Severn and is 33% above the National Average.
- Severn unemployment rate is 4.9%.
- Parsippany-Troy Hills unemployment rate is 5.9%.
 Severn, MDParsippany-Troy Hills, NJUnited States
 Unemployment Rate  Unlock5.9%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth32.7%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$48,507  Unlock$37,638
 Household Income  Unlock$103,217$69,021
 Family Median Income$125,262  Unlock$85,028
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 Est. Households By Income
 Severn, MDParsippany-Troy Hills, NJUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K0.5%  Unlock3.8%
 Income between 20K and 30K  Unlock3.3%8.1%
 Income between 30K and 40K4.3%  Unlock8.0%
 Income between 40K and 50K  Unlock4.7%7.6%
 Income between 50K and 60K5.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.4%9.6%
 Income between 75K and 100K12.4%  Unlock12.8%
 Income between 100K and 150K  Unlock19.9%16.3%
 Income between 150K and 200K18.9%  Unlock7.8%
 Income greater than 200K  Unlock18.8%9.5%
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 Population By Occupation
 Severn, MDParsippany-Troy Hills, NJUnited States
 Management, business, finance18.8%  Unlock16.4%
 Engineering, computers, science  Unlock17.6%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library4.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock1.6%3.3%
 Firefighters, law enforcement3.8%  Unlock2.1%
 Food preparation, serving  Unlock3.4%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support17.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock6.2%13.1%
Reviews for Severn    7 Reviews

Over 10 years ago

We've lived in Severn for 25 years and we really enjoy the convenience. Schools are good, shopping is excellent and it's close to everything ... malls, grocery stores,  More

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Over 11 years ago

now its extremely crowded, over populated, poor road infrastructure and Maryland is OUTRAGEOUSLY  More

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Over 15 years ago

In general, Severn is a fine place to be, in a state that has a lot to  More

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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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