Zip code 07054: Parsippany, New Jersey

Q: What city is zip code 07054?

07054 is assigned to Parsippany, New Jersey. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 07054 in?

07054 is in Morris County, New Jersey.

Q: What is the population of 07054?

About 29,480 people live in 07054, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 07054?

The median household income in 07054 is $104,214.

Q: What zip codes are near 07054?

The closest zip codes to 07054 are 07034, 07981, 07936, 07058, 07046.

Residential delivery areaMorris CountyEastern Time

Population

29,480

Median household income

$104K

U.S. $81K

Median home value

$587K

U.S. $333K

Median rent

$1,731/mo

U.S. $1,413

Median age

41.8

U.S. 38.9

Land area

14 sq mi

2,131 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 07054

07054 is a suburban zip code in Parsippany, New Jersey (Morris County), covering 14 sq mi of land. About 29,480 people live here, or 2,131 per square mile. The median resident is 41.8 years old, compared with 38.9 nationally.

The median household earns $104,214 a year, 29% above the national median of $80,734. 6.4% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $587,000, or 5.6 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 50% of occupied homes are lived in by their owners, and renters pay a median of $1,731 a month.

61% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 27.2 minutes each way, and 20% of workers work from home. The most common jobs among working residents are in management; computer and math (tech); and office and administrative support. 51% of households speak a language other than English at home, most often another Indo-European language such as French, German, Russian or Hindi.

How 07054 compares

Sorted from highest to lowest national percentile

Tech workers12.9%
98th
U.S. 3.8% · NJ 4.8%23rd of 578 in NJ
Foreign-born residents41.9%
96th
U.S. 14.1% · NJ 23.9%48th of 580 in NJ
Bachelor's degree or higher61.4%
90th
StrengthU.S. 35.7% · NJ 43.6%139th of 580 in NJ
Median earnings per worker$74,804
90th
StrengthU.S. $49,666 · NJ $60,474192nd of 575 in NJ
Per capita income$59,281
84th
StrengthU.S. $44,673 · NJ $54,253235th of 579 in NJ
Median home value$587,000
81st
U.S. $332,700 · NJ $454,400167th of 563 in NJ
Diversity index63.8
80th
U.S. 61.4 · NJ 66.4101st of 580 in NJ
Work from home20.2%
78th
U.S. 15.1% · NJ 16.8%200th of 577 in NJ
Median household income$104,214
75th
U.S. $80,734 · NJ $103,556342nd of 566 in NJ
Residents 65 and older19.7%
72nd
U.S. 17.2% · NJ 17.2%208th of 580 in NJ
Broadband access94.5%
71st
U.S. 91% · NJ 92.8%283rd of 576 in NJ
Median gross rent$1,731
70th
U.S. $1,413 · NJ $1,720290th of 517 in NJ
Median age41.8
70th
U.S. 38.9 · NJ 40.1300th of 579 in NJ
Unemployment rate6.1%
70th
U.S. 5.2% · NJ 6.3%220th of 578 in NJ
Population density2,131/sq mi
58th
U.S. 95/sq mi · NJ 1,270/sq mi283rd of 580 in NJ
Average commute27.2 min
58th
U.S. 26.4 min · NJ 30.5 min413th of 563 in NJ
Income inequality (Gini)0.439
54th
U.S. 0.483 · NJ 0.478215th of 574 in NJ
Population29,480
49th
U.S. 334,922,499 · NJ 9,343,809100th of 580 in NJ
Uninsured rate4.4%
26th
U.S. 8.4% · NJ 7.5%263rd of 579 in NJ
Government workers10.4%
22nd
U.S. 14.5% · NJ 14.3%469th of 578 in NJ
Poverty rate6.4%
21st
U.S. 12.5% · NJ 9.7%259th of 579 in NJ
Self-employed workers7.1%
21st
U.S. 10% · NJ 8.9%394th of 578 in NJ
Healthcare workers7.4%
20th
U.S. 9.7% · NJ 9.2%400th of 578 in NJ
Homeownership rate49.7%
17th
WeaknessU.S. 65.2% · NJ 63.8%493rd of 576 in NJ
Residents under 1817.2%
15th
U.S. 22% · NJ 21.8%454th of 580 in NJ
Veterans2.8%
14th
U.S. 6.2% · NJ 3.7%402nd of 580 in NJ
Rent-burdened renters37%
11th
StrengthU.S. 51.1% · NJ 51.6%467th of 553 in NJ
Housing vacancy2.8%
9th
U.S. 10.1% · NJ 7.5%388th of 576 in NJ

Measure	07054	Morris	NJ	U.S.	National percentile	Rank in NJ
Tech workers	12.9%	5.8%	4.8%	3.8%	98th	23rd of 578
Foreign-born residents	41.9%	19.8%	23.9%	14.1%	96th	48th of 580
Bachelor's degree or higherStrength	61.4%	57.8%	43.6%	35.7%	90th	139th of 580
Median earnings per workerStrength	$74,804	$76,017	$60,474	$49,666	90th	192nd of 575
Per capita incomeStrength	$59,281	$71,044	$54,253	$44,673	84th	235th of 579
Median home value	$587,000	$582,500	$454,400	$332,700	81st	167th of 563
Diversity index	63.8	52.8	66.4	61.4	80th	101st of 580
Work from home	20.2%	21.8%	16.8%	15.1%	78th	200th of 577
Median household income	$104,214	$137,326	$103,556	$80,734	75th	342nd of 566
Residents 65 and older	19.7%	18.2%	17.2%	17.2%	72nd	208th of 580
Broadband access	94.5%	95.2%	92.8%	91%	71st	283rd of 576
Median gross rent	$1,731	$1,904	$1,720	$1,413	70th	290th of 517
Median age	41.8	42.6	40.1	38.9	70th	300th of 579
Unemployment rate	6.1%	5.2%	6.3%	5.2%	70th	220th of 578
Population density	2,131/sq mi	1,116/sq mi	1,270/sq mi	95/sq mi	58th	283rd of 580
Average commute	27.2 min	29.8 min	30.5 min	26.4 min	58th	413th of 563
Income inequality (Gini)	0.439	0.458	0.478	0.483	54th	215th of 574
Population	29,480	514,528	9,343,809	334,922,499	49th	100th of 580
Uninsured rate	4.4%	4.7%	7.5%	8.4%	26th	263rd of 579
Government workers	10.4%	13.4%	14.3%	14.5%	22nd	469th of 578
Poverty rate	6.4%	4.9%	9.7%	12.5%	21st	259th of 579
Self-employed workers	7.1%	9.8%	8.9%	10%	21st	394th of 578
Healthcare workers	7.4%	8.3%	9.2%	9.7%	20th	400th of 578
Homeownership rateWeakness	49.7%	74.3%	63.8%	65.2%	17th	493rd of 576
Residents under 18	17.2%	20.6%	21.8%	22%	15th	454th of 580
Veterans	2.8%	3.4%	3.7%	6.2%	14th	402nd of 580
Rent-burdened rentersStrength	37%	45.2%	51.6%	51.1%	11th	467th of 553
Housing vacancy	2.8%	3.1%	7.5%	10.1%	9th	388th of 576

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

12%

5–17

18–24

15%

25–34

15%

35–44

12%

45–54

15%

55–64

10%

65–74

10%

75+

Median age

41.8

Under 18

17.2%

65 and over

19.7%

Race and ethnicity

White41%
Black4%
Hispanic9%
Asian43%
Native American0.0%
Pacific Islander0%
Other0.2%
Multiracial3%

Diversity index

63.8

U.S. 61.4

Foreign-born

41.9%

U.S. 14.1%

Born in state

42.9%

Language spoken at home (households)

English only

49%

Spanish

Other Indo-European

25%

Asian / Pacific

15%

Other

Households

Households: 12,252
Average household size: 2.4
Family households: 63.9%
Married couples: 54.9%
Living alone: 30.8%
Veterans (of adults): 2.8%
Male / female: 50% / 50%

Income and poverty

Household income distribution

<$25k

11%

$25–50k

$50–75k

13%

$75–100k

15%

$100–150k

19%

$150–200k

11%

$200k+

23%

Median household income

07054

$104,214

Morris Co.

$137,326

New Jersey

$103,556

United States

$80,734

Per capita income

$59,281

U.S. $44,673

Poverty rate

6.4%

U.S. 12.5%

Households earning $150K+

33.9%

U.S. 23%

Income inequality (Gini)

0.439

U.S. 0.483

Housing

Median home value

07054

$587,000

Morris Co.

$582,500

New Jersey

$454,400

United States

$332,700

Median gross rent

07054

$1,731

Morris Co.

$1,904

New Jersey

$1,720

United States

$1,413

Types of housing

Single-family

52%

2–4 units

5–19 units

13%

20+ units

26%

Mobile home

0.1%

Boat, RV, van

Housing units: 12,607
Owner-occupied: 49.7%
Vacant: 2.8%
Median year built: 1969
Median rooms: 5
Renters paying 30%+ of income: 37%
Renters paying 50%+ of income: 17.2%
Home value to income: 5.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

65%

Carpooled

Transit

Walked

0.9%

Bicycle

0.4%

Worked from home

20%

Other

Commute time (one way)

<10 min

11%

10–19

29%

20–29

18%

30–44

25%

45–59

60+

10%

Average commute

27.2 min

U.S. 26.4 min

Unemployment

6.1%

U.S. 5.2%

In labor force

69.3%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

15%

Computer and math

13%

Office and admin

11%

Business and finance

10%

Sales

Healthcare

Engineering and science

Education

Cleaning and personal care

Arts, media and sports

Transportation and moving

Production

Construction and repair

Legal and social services

Food service

Police and fire

0.7%

Farming, fishing and forestry

Industries

Professional and technical services

18%

Manufacturing

13%

Finance, insurance and real estate

11%

Health care and social assistance

11%

Retail

Education

Transportation, warehousing and utilities

Other services

Restaurants and hotels

Admin, support and management

Construction

Public administration

Information

Wholesale

Arts and recreation

Agriculture and mining

0.2%

Median earnings per worker

$74,804

U.S. $49,666

Self-employed

7.1%

U.S. 10%

Government workers

10.4%

U.S. 14.5%

Nonprofit workers

6.6%

U.S. 8.8%

Median earnings by type of work

Type of work	07054	U.S.
Management, business, science and arts	$98,413	$74,888
Service	$34,583	$26,804
Sales and office	$51,750	$40,476
Construction and maintenance	$71,661	$49,199
Production and transportation	$45,586	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

16%

Some college

10%

Associate's

Bachelor's

35%

Graduate

27%

High school graduate or higher: 92.6%
Bachelor's degree or higher: 61.4%
Graduate or professional degree: 26.8%
Households with broadband: 94.5%
Cable, fiber or DSL: 85.2%
No internet access: 4.3%
Without health insurance: 4.4%
Limited-English households: 9.9%

Geography

City (USPS): Parsippany
State: New Jersey
County: Morris County
Center point: 40.8538° N, 74.4016° W
Land area: 14 sq mi
Water area: 0.4 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Parsippany (unincorporated)43% of zip
Troy Hills (unincorporated)21% of zip
Rainbow Lakes (unincorporated)3% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 07054

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
07034	Lake Hiawatha, NJ	2.1 mi	11,018	$104,663	$428,600
07981	Whippany, NJ	2.4 mi	9,030	$149,893	$614,100
07936	East Hanover, NJ	3.1 mi	11,152	$149,583	$702,800
07058	Pine Brook, NJ	3.2 mi	5,946	$127,805	$768,600
07046	Mountain Lakes, NJ	3.3 mi	4,585	$250,000+	$917,000
07927	Cedar Knolls, NJ	3.5 mi	4,882	$170,400	$646,700
07045	Montville, NJ	4.1 mi	10,561	$185,078	$669,400
07878	Mount Tabor, NJ	4.2 mi	766	$116,445	$477,800
07950	Morris Plains, NJ	4.3 mi	21,651	$153,762	$589,900
07834	Denville, NJ	5 mi	18,385	$156,902	$555,600
07068	Roseland, NJ	5.3 mi	6,268	$164,458	$665,700
07005	Boonton, NJ	5.3 mi	15,307	$132,629	$587,100

Zip codes like 07054 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 07054

What city is zip code 07054?

07054 is assigned to Parsippany, New Jersey. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 07054 in?

07054 is in Morris County, New Jersey.

What is the population of 07054?

About 29,480 people live in 07054, according to the Census Bureau's American Community Survey.

What time zone is 07054 in?

07054 is in Eastern Time.

What is the median household income in 07054?

The median household income in 07054 is $104,214.

What zip codes are near 07054?

The closest zip codes to 07054 are 07034, 07981, 07936, 07058, 07046.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 07054, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.