CitytisticsShortlist

Fort Lee, NJ vs Parsippany, NJ

Fort Lee

New Jersey

vs

Parsippany

New Jersey

Across 37 directional measures we can compare, Fort Lee leads on 15 and Parsippany on 22. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 30% higher in Fort Lee, and so is median household income.

Median gross rent
$2,270$1,742
Fort Lee is 30% higher
Median household income
$107,274$99,405
Fort Lee is 8% higher
Median home value
$448,000$555,400
Fort Lee is 19% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $76,100 a year left in Fort Lee and $74,600 in Parsippany. Money goes further in Fort Lee, by about $1,500 a year.
  • A household earning Fort Lee's median of $107,274 would need about $101,000 in Parsippany to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 1.7 points a year in Fort Lee, and rent outran pay by 4.2 points a year in Parsippany.

How these are calculated

New JerseyParsippany, NJFort Lee, NJFort LeeParsippanyFort LeeParsippany

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Parsippany, NJComposite 54.8 / 100
63
324888793553n/a
02Fort Lee, NJComposite 49.2 / 100
49
2954926774845

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureFort LeeParsippanyAmong all places
Cost of living
Median gross rent1$2,270$1,742
Rent to income125.4%21.0%
Property tax rate12.1%n/a
Home price to income14.2x5.6x
Prices vs US average2112.6112.6
Fair market rent, 2 bedrooms3$2,282$2,233
HUD area median income4$139,100$138,400
Housing
Property tax paid (median)1$9,212$10,001
Median home value1$448,000$555,400
Home prices, 1-year change56.8%5.9%
Home prices, 5-year change552.0%52.9%
Homeownership155.4%48.4%
Renters paying 30%+148.4%41.1%
Owner costs with a mortgage1$3,579$3,145
Vacant homes17.1%3.2%
Median year built119711968
Jobs and income
Median household income1$107,274$99,405
Income per person1$69,104$57,518
Unemployment15.8%6.2%
Average annual pay6$83,431$104,045
Pay growth, 1 year63.5%2.8%
Jobs6437,006301,376
Poverty rate17.8%6.7%
Mean commute135 min28 min
Works from home121.7%19.7%
Commutes by transit120.2%3.3%
People
Population140,06721,345
Population change since 202070.4%n/a
Median age146.642.2
Bachelor's or higher165.8%59.8%
High school or higher194.4%91.6%
Household size12.22.3
Born abroad150.1%44.7%
No health insurance16.8%4.7%
Homes with broadband194.3%93.4%
Moving
Moved here in the past year16.6%7.9%
Moved from another state13.6%2.2%
Net movers per 1,000 people8-1.8-1.7
Income of households moving in8$115,305$134,692
Income of households moving out8$114,026$132,441
Local life
Restaurants and bars per 10k928.426.2
Shops per 10k936.331.7
Arts, recreation and fitness per 10k95.16.0
Doctors' offices and clinics per 10k935.726.7
Child care centers per 10k93.33.0
Parks per 10k107.78.0
Playgrounds per 10k1010.523.4
Grocery stores per 10k101.56.6
Restaurants, cafes and bars per 10k1017.022.0
Libraries per 10k100.50.0
Named paths and bike trails102.90.2
Transit stops per sq mi101.63.5
Nearest National Park Service site112.45.5
National Park Service sites within 60 miles112020
National Register listings1226
Safety
Violent crime per 100k1310863
Property crime per 100k13945743
Schools
Public schools1468
Public school students144,0064,134
Students per teacher1412.010.6
Climate
July average high1586°F84°F
January average low1522°F20°F
Average temperature1553°F51°F
Annual precipitation1548.1 in50.0 in
Hazards and air
Natural hazard risk1697.892.9
Hurricane risk1692.885.2
Tornado risk1692.379.9
Wildfire risk1621.730.0
Heat wave risk1696.889.2
Median air quality index174039
Good air days1771.1%84.4%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Fort Lee $90,800, Parsippany $69,680 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  14. Common Core of Data · National Center for Education Statistics · 2024 release
  15. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  16. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  17. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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