Parsippany vs Elizabeth
| Parsippany | Elizabeth | |
|---|---|---|
| Population | 21,806 | 135,665 |
| Median Household Income | $99,405 | $66,555 |
| Median Home Value | $555,400 | $449,300 |
| Median Gross Rent | $1,742/mo | $1,523/mo |
| Homeownership Rate | 48.4% | 25.6% |
| Unemployment Rate | 6.2% | 7.7% |
| Bachelor's Degree or Higher | 59.8% | 14.6% |
| Median Age | 42.2 | 35.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.