07054 ZIP Code — Parsippany, NJ

Morris County, New Jersey

ZIP code 07054 is located in Parsippany, New Jersey, within Morris County. It covers approximately 13.83 square miles and serves a population of 30,392 residents. This is a standard ZIP code in the Eastern (ET) timezone, served by area code 862.

About ZIP code 07054

The housing stock consists of a significant share of large multi-unit buildings. Most homes were built in the 1960s, giving the area an established character. Median home value is $558,400. Owner-occupancy sits near the national average at 50%.

The gap between median ($105,434) and mean household income suggests income inequality — a small number of higher earners pull the average up. The poverty rate of 5% is below the national average.

The dominant occupation class is management, business, and professional, with education and healthcare as the leading industry. The average commute of 27 minutes is near the national average.

Educational attainment is high — 62% of residents hold a bachelor's degree or higher, well above the national average of 33%.

30,392

population

13.83

sq mi land

Standard

ZIP type

Eastern (ET)

timezone

07054 ZIP code map

Cities in ZIP code 07054

Below are the cities the US Postal Service accepts for ZIP code 07054. Using any city not on this list may result in mail delivery delays.

City	Status
Parsippany	Acceptable
Parsippany	Preferred

Nearby ZIP codes

07034 Lake Hiawatha (2.3 mi) 07936 East Hanover (3 mi) 07046 Mountain Lakes (3.3 mi) 07058 Pine Brook (3.5 mi) 07927 Cedar Knolls (3.5 mi) 07950 Morris Plains (4.5 mi) 07045 Montville (4.6 mi) 07834 Denville (4.9 mi) 07932 Florham Park (5.5 mi) 07068 Roseland (5.6 mi) 07005 Boonton (5.7 mi) 07082 Towaco (5.8 mi)

Demographics updated 05/2026

Population
Total population	30,392
Population density	2,198 / sq mi
State FIPS	34
County FIPS	027

Geography
Land area	13.83 sq mi
Water area	0.38 sq mi
Latitude	40.8542
Longitude	-74.4045
Timezone	Eastern (ET)
Area code	862

Total population by age

Gender

Race & ethnicity

Economics updated 05/2026

Household income

Income range	This ZIP	County avg	State avg
Under $50k	19.7%	19.3%	30.2%
$50k – $100k	32.0%	23.7%	26.7%
$100k – $200k	31.1%	32.6%	28.3%
Over $200k	17.2%	24.4%	14.8%

Demographics & statistics

30,392

Population

2,198

People per sq mi

40.6

Median age

$105,434

Median household income

$55,917

Per capita income

$558,400

Median home value

$1,646

Median monthly rent

49.8%

Home ownership

5.2%

Poverty rate

5.9%

Unemployment

6,363

Housing units

61.5%

Bachelor's or higher

Age distribution

Male Female

659

Under 5

676

842

5–9

864

770

10–14

790

720

15–19

738

1,118

20–24

1,147

2,096

25–34

2,149

2,200

35–44

2,256

1,824

45–54

1,870

1,112

55–59

1,141

1,042

60–64

1,069

1,341

65–74

1,376

909

75–84

933

370

85+

380

← Male

Female →

Age summary

Group	Count	%
Under 18	5,670	18.7%
18 and over	24,722	81.3%
65 and over	5,309	17.5%
Median age	40.6 years

Race & ethnicity

White 45.9%

Asian 40.1%

Two or more races 4.3%

Hispanic or Latino 4%

Black or African American 3.6%

Other race 1.8%

American Indian / Alaska Native 0.2%

Group	Count	%
White	14,541	45.9%
Asian	12,709	40.1%
Two or more races	1,368	4.3%
Hispanic or Latino	1,282	4%
Black or African American	1,156	3.6%
Other race	555	1.8%
American Indian / Alaska Native	63	0.2%

Household income

Income range	This ZIP	County avg	State avg
Under $50k	19.7%	19.3%	30.2%
$50k – $100k	32.0%	23.7%	26.7%
$100k – $200k	31.1%	32.6%	28.3%
Over $200k	17.2%	24.4%	14.8%

Under $10k 5.4%

$10k–$15k 1.4%

$15k–$25k 3.4%

$25k–$35k 4.2%

$35k–$50k 5.3%

$50k–$75k 11.6%

$75k–$100k 15.6%

$100k–$150k 20.4%

$150k–$200k 10.9%

$200k+ 21.8%

Range	% of households
Under $10k	5.4%
$10k–$15k	1.4%
$15k–$25k	3.4%
$25k–$35k	4.2%
$35k–$50k	5.3%
$50k–$75k	11.6%
$75k–$100k	15.6%
$100k–$150k	20.4%
$150k–$200k	10.9%
$200k+	21.8%
Median income	$105,434

Housing

Home values

Under $50k 0.4%

$50k–$100k 0.9%

$100k–$150k 1.2%

$200k–$300k 2.5%

$300k–$500k 32.2%

$500k–$1M 61.8%

$1M+ 1.0%

Housing overview

Metric	Value
Median home value	$558,400
Median rent / month	$1,646
Owner occupied	49.8%
Renter occupied	50.2%
Vacant	3.3%
Single-family detached	47.5%
Large apartment buildings	25.8%
Mobile homes	0.1%
Median rooms	4.9
Avg household size (owned)	3.05

Year built

Era	%
2020 or later	0.0%
2010–2019	3.0%
2000–2009	6.7%
1990–1999	6.9%
1980–1989	10.4%
1970–1979	18.0%
1960–1969	35.3%
1950–1959	12.8%
1940–1949	4.2%
1939 or earlier	2.9%

Bedrooms

Size	% of units
No bedroom (studio)	3.1%
1 bedroom	30.7%
2 bedrooms	19.0%
3 bedrooms	19.5%
4 bedrooms	23.4%
5+ bedrooms	4.3%

Vehicles per household

Vehicles	% of households
No vehicle	11.4%
1 vehicle	34.0%
2 vehicles	39.5%
3 or more	15.1%

Heating fuel

Fuel type	%
Utility gas	75.8%
Electricity	16.8%
Propane / LP gas	1.6%
Fuel oil	4.2%
No fuel used	0.6%

Households & families

Household type	Count	%
Married-couple family	6,642	55.5%
Cohabiting couple	769	6.4%
Male householder, no spouse	1,926	16.1%
Female householder, no spouse	2,626	22.0%
Households with children under 18	3,502	29.3%
Households with seniors (65+)	3,467	29.0%
Average household size	2.52

Marital status

Status	Male	Female
Never married	30.8%	28.2%
Married	59.9%	53.9%
Separated	1.2%	1.1%
Widowed	1.8%	10.0%
Divorced	6.3%	6.8%

Education

Less than 9th grade 3.4%

Some HS, no diploma 3.2%

HS graduate 16.2%

Some college, no degree 10.1%

Associate's degree 5.7%

Bachelor's degree 35.1%

Graduate / professional 26.4%

Metric	%
HS diploma or higher	93.5%
Bachelor's or higher	61.5%

School enrollment (ages 3–17)

Type	Count	%
Nursery / preschool	432	6.6%
Kindergarten	423	6.4%
Elementary school	2,414	36.6%
High school	1,370	20.8%
College / grad school	1,952	29.6%

Employment

Industry of employment

Education & healthcare 21.2%

Professional & management 19.2%

Manufacturing 12.2%

Finance & real estate 10.8%

Retail trade 9.8%

Arts, food & hospitality 7.6%

Wholesale trade 4.3%

Construction 3.2%

Transportation & utilities 3.2%

Other services 3.1%

Information 3.0%

Public administration 2.4%

Agriculture & mining 0.1%

Occupation

Category	%
Management, business & arts	60.3%
Service	9.5%
Sales & office	21.4%
Natural resources & construction	3.2%
Production & transportation	5.6%

Employment type

Type	%
Private sector	87.2%
Government	10.1%
Self-employed	2.7%
Unpaid family workers	0.1%

Commute

Method	%
Drive alone	68.9%
Carpool	8.8%
Public transit	4.0%
Walk	1.5%
Work from home	15.1%
Other means	1.7%
Avg commute (minutes)	26.8

Poverty

All people 5.2%

Under 18 years 4.0%

18 and over 5.4%

Married-couple families 4.6%

Female-led households 9.0%

Income support

Source	% of households
Social Security	26.2%
Retirement income	18.6%
Supplemental Security	3.9%
Cash public assistance	2.8%
Food stamps / SNAP	6.0%

Health indicators

Condition	%
Obesity	17.6%
High blood pressure	0.0%
High cholesterol	0.0%
Diabetes	7.9%
Heart disease	4.8%
Stroke	2.1%
Asthma	7.0%
Arthritis	16.9%
Kidney disease	2.1%
Pulmonary disease	3.8%
Cancer	6.0%

Behavior / access	%
Smoking	9.2%
Binge drinking	14.5%
No physical activity	15.7%
Less than 7 hrs sleep	30.2%
Depression	13.8%
Fair or poor health	8.1%
Poor mental health	11.0%
Poor physical health	6.1%
No health insurance	10.4%
Visited doctor (checkup)	73.1%
Visited dentist	73.3%
Cholesterol screening	0.0%
Teeth loss	7.3%

Veterans & disability

Veterans	Count	%
Civilian veterans	614	2.5%

Disability	%
Any disability	9.2%
Under 18	2.9%
18–64 years	5.5%
65 and over	30.3%

Health insurance coverage

Type	%
Private insurance	83.7%
Public insurance	22.5%
No insurance	3.4%
Uninsured under 19	2.5%

Language & origin

Language spoken at home (age 5+)

Language	Count	%
English only	29,057	95.6%
Spanish	4,443	15.3%
Other Indo-European	596	2.1%
Asian & Pacific Islander	2,294	7.9%
Other languages	1,462	5.0%

Place of birth & citizenship

Origin	Count	%
Native born (US)	18,140	59.7%
Born in same state	17,845	58.7%
Born in different state	13,668	45.0%
Foreign born	295	1.0%
Naturalized citizen	12,252	40.3%
Not a US citizen	6,632	54.1%

Ancestry

Ancestry	Count	%
Italian	3,626	11.9%
Arab	627	2.1%
French	518	1.7%
Irish	213	0.7%
English	122	0.4%

Ancestry	Count	%
German	85	0.3%
Polish	47	0.2%
Norwegian	43	0.1%
Dutch	9	0%

Technology access

Metric	% of households
Computer access	39.4%
Internet access	94.7%

Source: U.S. Census Bureau, American Community Survey 2025 estimates.

Frequently asked questions about ZIP code 07054

What city is ZIP code 07054 in?

ZIP code 07054 is primarily assigned to Parsippany, New Jersey.

What county is ZIP code 07054 in?

ZIP code 07054 falls within Morris County, New Jersey.

How educated is the population of ZIP code 07054?

62% of residents hold a bachelor's degree or higher — well above the national average of ~33%, reflecting a highly educated population.

What is the typical home value in ZIP code 07054?

The median home value in ZIP code 07054 is $558,400.

What is the median household income in ZIP code 07054?

The median household income in ZIP code 07054 is $105,434, above the national median of ~$75,000.

What is the population of ZIP code 07054?

ZIP code 07054 has an estimated population of 30,392 residents, with a density of 2,198 people per square mile.

What timezone is ZIP code 07054 in?

ZIP code 07054 observes the EST timezone.