PARSIPPANY-TROY HILLS — Parsippany-Troy Hills was ranked by the magazine as being among the top 50 best places to live in the country. The Morris County town was ranked 33rd, down from #5 last year. It was the one of three New Jersey towns, and only Morris County town to make the list. North Arlington, ranked #8; and Saddle Brook ranked #24.
Money Magazine reveals the 2017 Best Places to Live in America, its annual ranking of the towns and cities where affordability meets quality of life. For this year’s list MONEY evaluated 2,400 places on eight categories: cost of living, economy, education, housing, crime, convenience, cultural and recreational amenities, and an overall sense of pleasantness. For the first time MONEY teamed up with Realtor.com to leverage its rich data and understanding of housing markets. Fishers, Indiana, a suburb of Indianapolis, tops this year’s list at number one followed by Allen, Texas and Monterey Park, California.
According to Annie Nova at Money Magazine “Just 35 miles away from New York, Parsippany-Troy Hills sits within a scenic network of rivers and streams—and job opportunity. Unemployment is low, and many major corporations are headquartered here, including Actavis, Jackson Hewitt, and Wyndham Worldwide. There’s plenty of greenery—roughly one acre of parkland for every 100 residents, and some 25 separate parks, including Craftsman Farms and Hills of Troy Park. At the Parsippany Rock House, people can check out 3,000-year-old glacial boulders. The art scene is also vibrant, with art galleries like Art Ristocrat and Lakeside Art School and Studio. There’s the 25-year-old Women’s Theater Company, an acting advocacy organization, and the annual Parsippany Fall Festival Street Fair, with food, entertainment, and rides.
| Population | 53,223 |
| Median Home Price | $ 397,341 |
| Projected Job Growth | 2.2% |
| Median Household Income | $ 87,057 |
| Clear Days per Year | 205 |
| Average Commute Time | 25 minutes |
| High School Graduation Rate | 97% |
