Parsippany has been named #1 place to live in New Jersey by Money Magazine

This article is based on Money Magazine 2018 Best Places to Live rankings

Dec 17, 2018

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parsippany-weinstein — Rainbow Lakes. Photo by Jack Weinstein

PARSIPPANY — Every year, MONEY ranks the Best Places to Live in the U.S. Because of the criteria considered, some states end up being represented more than once—and others not at all. Now, using data from that ranking, they crunched the numbers to find the best place to live in every state. As in their previous rankings, they considered everything from the cost of buying a home to median household income. The results surfaced favorite stand-bys, well-known cities, and plenty of hidden gems. Parsippany has been ranked #1 place to live in New Jersey.

“While the choice of where you live is a personal one, this ranking aims to highlight notable cities—maybe even your own—all across the country. Here are the 50 places that are the best in their states,” Shaina Mishkin.

Mayor Michael Soriano stated “Between our diverse community, our schools and the low crime, and the volunteer culture and cultural activities we have here, Parsippany a truly unique community in New Jersey. I’m proud to lead New Jersey’s #1 community.”

“Parsippany has a deep-rooted history and culture of neighbors and friends helping one another and being raised in Parsippany. I saw this first hand. Parsippany is the best place to live due to our residents, dedicated volunteers and township employees,” said Robert Peluso, former VP of the Council and current volunteer chairman of Economic Development Advisory Committee.

According to Money Magazine a few things that make Parsippany stand out are:

Parsippany-Troy Hills, New Jersey

Population: 53,910
Median Household Income: $95,779
Median Home Listing Price: $549,000

New York commuters looking for a good place to raise a family should consider Parsippany-Troy Hills, only thirty miles away from Manhattan. The area has among the best public schools in the state: 96% of city high school students graduate, and students outpace the national math and reading test averages by wide margins. Violent and property crimes are significantly lower in Parsippany-Troy Hills compared to the rest of the country, and the city is slightly more diverse than the rest of the state. Plus, the town isn’t just for urbanites: Parsippany-Troy Hills boasts 30 parks, including Knoll Park, Lake Parsippany Park, and Cameron Dog Park—and is so green it became an Arbor Day Foundation-designated Tree City USA.