All Countries
Parsippany, NJ
Full City Profile · New Jersey · Morris County County
4.0
/5.0
A
Great
21,869
Population
3,591/sq mi density
$102,152
Median Income
$55,467 per capita
$540,800
Home Value
$1,156,954 Zillow
$1,732
Median Rent
24.7% income on rent
52°F
Avg Temperature
275 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.7 / 5.0
$102,152 median income, 3.7% unemployment
B+
Affordability
3.7 / 5.0
$540,800 home value, $1,732/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
60.0% bachelor's degree or higher
Top Industries in Parsippany (20)
County-level employment data (BLS QCEW). Sorted by employment.
Health Care & Social Assistance
44,452 jobs
2,667 firms
$78,250/yr
Professional & Technical Services
39,699 jobs
2,514 firms
$168,298/yr
Retail Trade
27,103 jobs
1,561 firms
$46,515/yr
Administrative & Waste Services
23,793 jobs
1,352 firms
$63,051/yr
Accommodation & Food Services
20,988 jobs
1,321 firms
$32,572/yr
Manufacturing
18,140 jobs
610 firms
$120,128/yr
Finance & Insurance
17,947 jobs
940 firms
$188,811/yr
Wholesale Trade
13,566 jobs
898 firms
$147,623/yr
Construction
12,179 jobs
1,479 firms
$95,592/yr
Management of Companies
11,963 jobs
125 firms
$213,945/yr
Other Services
10,861 jobs
1,637 firms
$45,941/yr
Transportation & Warehousing
8,397 jobs
366 firms
$67,957/yr
Educational Services
6,728 jobs
310 firms
$51,414/yr
Arts & Entertainment
4,996 jobs
283 firms
$99,514/yr
Real Estate
4,093 jobs
580 firms
$107,209/yr
Information & Technology
3,192 jobs
234 firms
$127,573/yr
Unclassified
903 jobs
724 firms
$55,459/yr
Utilities
626 jobs
32 firms
$143,493/yr
Agriculture & Forestry
610 jobs
45 firms
$46,201/yr
Mining & Oil/Gas
86 jobs
4 firms
$89,791/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Management of Companies
2.37
Unclassified
2.17
Professional & Technical Services
1.91
Finance & Insurance
1.48
Administrative & Waste Services
1.35
Other Services
1.21
Wholesale Trade
1.15
Educational Services
1.09
Health Care & Social Assistance
1.04
Arts & Entertainment
0.99
Retail Trade
0.91
Real Estate
0.88
Construction
0.78
Accommodation & Food Services
0.77
Manufacturing
0.74
Transportation & Warehousing
0.66
Information & Technology
0.57
Utilities
0.55
Agriculture & Forestry
0.25
Mining & Oil/Gas
0.08
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Health Care & Social Assistance | 44,452 | 2,667 | $1,505 | $78,250 | 1.04 |
| Professional & Technical Services | 39,699 | 2,514 | $3,237 | $168,298 | 1.91 |
| Retail Trade | 27,103 | 1,561 | $895 | $46,515 | 0.91 |
| Administrative & Waste Services | 23,793 | 1,352 | $1,213 | $63,051 | 1.35 |
| Accommodation & Food Services | 20,988 | 1,321 | $626 | $32,572 | 0.77 |
| Manufacturing | 18,140 | 610 | $2,310 | $120,128 | 0.74 |
| Finance & Insurance | 17,947 | 940 | $3,631 | $188,811 | 1.48 |
| Wholesale Trade | 13,566 | 898 | $2,839 | $147,623 | 1.15 |
| Construction | 12,179 | 1,479 | $1,838 | $95,592 | 0.78 |
| Management of Companies | 11,963 | 125 | $4,114 | $213,945 | 2.37 |
| Other Services | 10,861 | 1,637 | $883 | $45,941 | 1.21 |
| Transportation & Warehousing | 8,397 | 366 | $1,307 | $67,957 | 0.66 |
| Educational Services | 6,728 | 310 | $989 | $51,414 | 1.09 |
| Arts & Entertainment | 4,996 | 283 | $1,914 | $99,514 | 0.99 |
| Real Estate | 4,093 | 580 | $2,062 | $107,209 | 0.88 |
| Information & Technology | 3,192 | 234 | $2,453 | $127,573 | 0.57 |
| Unclassified | 903 | 724 | $1,067 | $55,459 | 2.17 |
| Utilities | 626 | 32 | $2,759 | $143,493 | 0.55 |
| Agriculture & Forestry | 610 | 45 | $888 | $46,201 | 0.25 |
| Mining & Oil/Gas | 86 | 4 | $1,727 | $89,791 | 0.08 |