Parsippany-troy Hills Township School District

Located in This District, NJ. Serving grades PK through 12.

Enrollment
7,227 students
NCES ID
3412480

District Context

Officially reported figures, 2024-25.

Enrollment
7,227
Grades
PK–12
Schools
14
Student body
Hispanic 17%
Black 3%
White 30%
Asian 46%
Two+ 3%
Am. Indian / AK Native 0%
Hawaiian / Pac. Isl. 0%
By economic status
Percent proficient by grade, as reported
Economically disadvantaged
Not disadvantaged
ELA
Gr 3
36%
69%
Gr 4
49%
82%
Gr 5
36%
79%
Gr 6
45%
75%
Gr 7
31%
72%
Gr 8
45%
73%
Math
Gr 3
48%
82%
Gr 4
34%
78%
Gr 5
40%
81%
Gr 6
38%
73%
Gr 7
26%
64%
Gr 8
21%
45%
Science
Gr 5
22%
62%
Gr 8
15%
41%

Schools in this District

14 schools are officially reported under this district.

Academic Performance

Percent of students meeting or exceeding state standards, by grade.

Mathematics
6 grades reported
75%
Grade 3
71%
Grade 4
73%
Grade 5
67%
Grade 6
56%
Grade 7
38%
Grade 8
English Language Arts
6 grades reported
62%
Grade 3
76%
Grade 4
71%
Grade 5
70%
Grade 6
65%
Grade 7
68%
Grade 8
Science
2 grades reported
54%
Grade 5
36%
Grade 8

Housing & Real Estate

Data as of April 2026 | District-weighted from constituent ZIP codes

Home Values

Typical home value$720,929
Year-over-year change+3.1%
Range across 9 ZIP codes$530K to $901K
vs. state typical1.26x
vs. national typical1.96x
Home value trend (12 months)
$699K$707K$715K$723K$721KMay 25AugNovFebApr 26
ZIP code home values (9 ZIP codes)
ZIPCityValueYoYWeight
07054Parsippany$735K+2.9%58.5%
07950Morris Plains$729K+3.8%22.7%
07005Boonton$720K+3.3%7.3%
07034Lake Hiawatha$530K+2.4%5.4%
07834Denville$666K+2.9%3.7%
07960Morristown$901K+5.3%1.1%
07869Randolph$814K+3.6%0.9%
07878Denville$551K+3.5%0.4%
07927Cedar Knolls$758K+3.4%0.0%

Rental Market

Typical monthly rent$2,953/mo
Year-over-year change+0.7%
Range across 6 ZIP codes$2,069 to $3,558/mo
Rent trend (12 months)
$3K$3K$3K$3K$3KMay 25AugNovFebApr 26
ZIP code rents (6 ZIP codes)
ZIPCityRent/moYoYWeight
07054Parsippany$2,774+2.3%58.5%
07950Morris Plains$3,558-3.3%22.7%
07005Boonton$2,6307.3%
07960Morristown$2,923-0.5%1.1%
07869Randolph$2,0690.9%
07927Cedar Knolls$3,2400.0%

Affordability

Est. monthly mortgage (20% down at 6.48%)$3,638/mo
Home price / national median income8.6x
Annual rent / national median income42.3%
Est. mortgage exceeds rent by$685/mo

Market Activity: Morris County

Median listing price$725,000
Median listing price YoY-3.2%
Median price per sq ft$333
Median price per sq ft YoY-0.3%
Median days on market20.3 days
Median days on market YoY+6.6%
Active listings797
Active listings YoY+24.1%
New listings644
New listings YoY+3.2%
Pending listings742
Pending listings YoY+7.8%
Hotness: median listing price$743,450
Hotness: median listing price YoY+2.8%
Supply score99.7
Supply score YoY+0.1%
Demand score95.3
Demand score YoY+3.3%
Median listing price (12 months)
$668K$696K$723K$750K$725KJun 25SepDecMarMay 26
Median price per sq ft (12 months)
$318$328$338$348$333Jun 25SepDecMarMay 26
Median days on market (12 months)
17.329.040.752.420.3May 25AugNovFebApr 26
Active listings (12 months)
385.6535.2684.8834.4797.0Jun 25SepDecMarMay 26
New listings (12 months)
144.2335.4526.6717.8644.0Jun 25SepDecMarMay 26
Pending listings (12 months)
304.2463.4622.6781.8742.0Jun 25SepDecMarMay 26
Hotness: median listing price (12 months)
$668K$697K$727K$756K$743KMay 25AugNovFebApr 26
Supply score (12 months)
95.196.798.4100.199.7May 25AugNovFebApr 26
Demand score (12 months)
89.292.595.899.295.3May 25AugNovFebApr 26

Comparison

State typical home value$571,373 (+3.4% YoY)
National typical home value$368,198 (+0.6% YoY)
State ZHVI trend (12 months)
$552K$559K$566K$573K$571KMay 25AugNovFebApr 26
National ZHVI trend (12 months)
$364K$365K$367K$369K$368KMay 25AugNovFebApr 26

Economic Context

30-year fixed mortgage rate6.48%
National unemployment rate4.3%
National median household income$83,730
CPI: Rent of shelter (index)447.05
30-year fixed mortgage rate (12 months)
6.26.36.46.66.5Mar 26AprAprMayJun 26
National unemployment rate (12 months)
4.14.24.44.54.3May 25AugDecMarMay 26
National median household income (12 months)
$68K$73K$79K$85K$84KJan 13JanJanJanJan 24
CPI: Rent of shelter (index) (12 months)
431.2437.0442.7448.5447.1May 25AugDecMarMay 26
Sources: Zillow Home Value Index and Zillow Observed Rent Index (Zillow Group), Realtor.com via Federal Reserve Bank of St. Louis (FRED)

Data Currently Unavailable

  • Civil Rights Data (CRDC)
This profile is derived exclusively from publicly available federal and state datasets. It may not reflect the most current information available. We encourage parents and families to supplement this data with information published directly on the school’s website, which may include more recent figures, additional programs, or updated enrollment data.