Signals
Parsippany
Elizabeth
Opportunity
76 · Top 13%
vs45 · Bottom 27%
Climate
65 · Bottom 35%
vs71 · Top 48%
Physical resilience
57 · Bottom 49%
vs49 · Bottom 41%
Housing affordability
67 · Bottom 30%
vs46 · Bottom 8%
Schools
90 · Top 3%
vs27 · Bottom 19%
Access
94 · Top 41%
vs99 · Top 14%
Economic stability
73 · Top 22%
vs57 · Bottom 43%
Measured values
| Metric | Parsippany | Elizabeth | Source period |
|---|---|---|---|
| Population | 21,345 | 137,302 | 2024 ACS 5-Year |
| Median household income | $99,405 | $66,555 | 2024 ACS 5-Year |
| Per capita income | $57,518 | $28,969 | 2024 ACS 5-Year |
| Population density | 3,507/sq mi | 11,146/sq mi | 2024 ACS 5-Year |
| Median home value | $555,400 | $449,300 | 2024 ACS 5-Year |
| Median gross rent | $1,742 | $1,523 | 2024 ACS 5-Year |
| Homeownership rate | 48.4% | 25.6% | 2024 ACS 5-Year |
| Unemployment rate | 3.8% | 5.4% | June 2026 |
| Employment change (year over year) | 0.9% | 0.9% | June 2026 |
| Bachelor's degree or higher | 59.8% | 14.6% | 2024 ACS 5-Year |
| Poverty rate | 6.7% | 15.7% | 2024 ACS 5-Year |
| Average July high | 85°F | 87°F | 1991-2020 Normals |
| Average January low | 23°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 44.9" | 46.6" | 1991-2020 Normals |
| Distance to major airport | 17 mi | 2 mi | NASR current cycle |
| Average commute | 30.0 min | 28.9 min | 2024 ACS 5-Year |
| Median age | 42.2 | 35.8 | 2024 ACS 5-Year |
| Public schools | 8 | 37 | 2024-25 school year |
| Students per teacher | 10.60 | 13.39 | 2024-25 school year |
| Math proficiency | 49.1% | 8.8% | 2019-20 school year |
| Reading proficiency | 61.7% | 29.0% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 19.9% | 83.0% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
Parsippany
Elevated or high exposure: inland flooding, earthquake.
Elizabeth
Elevated or high exposure: earthquake.
Your best match
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Parsippany
75
Your Score
—
Area Score
Elizabeth
58
Your Score
53
Area Score
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Full profiles: Parsippany, NJ · Elizabeth, NJ · How this is calculated: methodology