07054 ZIP Code – Parsippany, New Jersey
Located in Parsippany, New Jersey, ZIP code 07054 is a large ZIP code within Morris County with a population of approximately 30,392 residents. The median household income of $105,434 is near the New Jersey average and above the national average. Homes in this ZIP code have a median value of $558,400, well above the national average, with 49.7% owner-occupied housing (decreasing). , and the median rent of $1,646 is well above the national average. Housing consists of 53% single-family (decreasing), 38% apartments (increasing), 9% duplex/multi-family.
At 5.8%, the unemployment rate is above the national figure. The poverty rate of 5.6% is well below the U.S. average. Bachelor's degree attainment is 60.6%, well above the national average. Residents have a median age of 41.3, near the U.S. median. ZIP codes in the surrounding area include 07034, 07981, 07046.
ZIP Code 07054 Data
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ZIP 07054 vs. New Jersey vs. U.S.
| Metric | ZIP 07054 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 30k | 15k | 10k |
| Median Household Income | $105k | $113k | $73k |
| Median Home Value | $558k | $459k | $258k |
| Median Rent | $1,646 | $1,724 | $1,088 |
| Median Age | 41.3 | 43.1 | 43.2 |
| Unemployment Rate | 5.8% | 5.8% | 5.0% |
| Poverty Rate | 5.6% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 60.6% | 44.1% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 07034 – Lake Hiawatha
- 07981 – Whippany
- 07046 – Mountain Lakes
- 07936 – East Hanover
- 07058 – Pine Brook
- 07927 – Cedar Knolls
- 07045 – Montville
- 07878 – Mount Tabor
- 07950 – Morris Plains
- 07834 – Denville
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07034 | LAKE HIAWATHA | 10,064 | $95,673 |
| 07981 | WHIPPANY | 8,938 | $144,573 |
| 07046 | MOUNTAIN LAKES | 4,499 | $250,000+ |
| 07936 | EAST HANOVER | 11,102 | $143,365 |
| 07058 | PINE BROOK | 6,052 | $152,422 |