There are 20 independent living communities serving Parsippany, New Jersey. This includes 2 communities in Parsippany and 18 nearby. Independent living costs in New Jersey range from about $37 to $171 daily, with a median expense running around $100. The monthly expense averages around $2,986 and ranges between $1,104 and $5,115. Annually, the median cost is about $35,838, which is above the national average of $23,100.
Costs for independent living in Parsippany generally range between $1,804 per month and $5,528 per month. The median cost is about $3,823 per month, or about $45,870 annually.
Located within Morris County, Parsippany is a small city in the State of New Jersey. It is part of the New York-Northern New Jersey-Long Island metro statistical area. Though the encompassing area contains 5,372,907 residents, there are 29,305 living in the city itself. 27% of the local residents are over the age of 55.
The SeniorScore™ for Parsippany is 75. The city has a mean per capita income of $39,000 and a mean household income is $78,000 (the New Jersey state average is $84,000). The mean housing price in Parsippany is $666,000, which is higher than the state average of $547,500. The city has an average unemployment rate of approximately 6.46%.
Parsippany has extreme average temperatures, with cold winters and calm summers. The area receives very heavy levels of rainfall annually. In relation to other cities in the United States, Parsippany has good air quality and moderate water quality.