ZIP 07960 vs ZIP 07054

Source:

Morristown, NJ — Parsippany, NJ

This side-by-side compares ZIP 07960 (Morristown, NJ) and ZIP 07054 (Parsippany, NJ) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 07960 has a population of 43,747 at 482 people per square mile, while ZIP 07054 has 29,305 at 825 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 07960 reports a median household income of $160,334 against $104,214 in ZIP 07054, with per-capita income of $90,631 vs $59,281. The share of adults holding a bachelor's degree or higher is 67.9% in 07960 and 61.4% in 07054. Poverty rate reads 5.8% vs 6.4%, and unemployment 4.9% vs 6.1% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $735,600 in 07960 versus $587,000 in 07054, with median rent of $2,306 and $1,731 per month respectively. Homeownership rate is 62.5% vs 49.7%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
07960
Morristown, NJ
07054
Parsippany, NJ
Population 43,747 29,305
Median Household Income $160,334 $104,214
Per Capita Income $90,631 $59,281
Median Age 40 41.8
Bachelor's Degree or Higher 67.9% 61.4%
Poverty Rate 5.8% 6.4%
Unemployment Rate 4.9% 6.1%
Median Home Value $735,600 $587,000
Median Rent (monthly) $2,306 $1,731
Homeownership Rate 62.5% 49.7%
Population Density (per sq mi) 482 825

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
07960
Morristown, NJ
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07054
Parsippany, NJ
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What are common questions about this comparison?

How do ZIP codes 07960 and 07054 compare?
ZIP 07960 (Morristown, NJ) has a population of 43,747 and a median household income of $160,334. ZIP 07054 (Parsippany, NJ) has a population of 29,305 and a median household income of $104,214.
Which ZIP code has higher income, 07960 or 07054?
ZIP 07960 (Morristown, NJ) has a higher median household income of $160,334 compared to $104,214 for ZIP 07054.
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.