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Fortune’s Best Places in the US to Live: Parsippany, NJ

Veterans Memorial Park in Parsippany–Troy Hills Township is host to a mile of walking paths as well as summertime concerts.
Photo courtesy of Parsippany-Troy Hills Township

Families are synonymous with love, care, and support. But to provide that, about 45% of Americans are being squeezed by simultaneous responsibilities of raising their children while regularly caring for their own parents. Where this so-called Sandwich Generation chooses to live can actually help mitigate some of the stress by providing useful amenities like good schools, access to quality health care, community support, and resources for aging residents. To find hometowns that provided the right mix to meet the needs of multigenerational families, Fortune analyzed more than 215,000 data points for nearly 2,000 cities and towns across the U.S., and Parsippany, New Jersey made the list!

About Parsippany

Residents of the Township of Parsippany–Troy Hills can have their cake and eat it too, enjoying proximity to both nature and city life. Just in their backyard is the sprawling Loantaka Brook Reservation, an 883-acre park with almost 10 miles of trails for biking, hiking, and walking, natural flora and fauna to gaze at, as well as picnic fields and a pond for fishing.

The small town has highly rated public schools and youth soccer clubs to keep kids active after class. The area is home to a number of little historical jewels like the birthplace of former U.S. President Grover Cleveland, plus a log cabin built by famed 20th-century designer Gustav Stickley, now the site of the Stickley Museum at Craftsman Farms.

Located in northeastern New Jersey, Parsippany is a short commute from New York City, but residents enjoy a lower cost of living with more reasonable housing prices. And you don’t have to travel all the way to Manhattan to find something to do: Parsippany is less than an hour’s drive from other New Jersey attractions, including the lush gardens at the Frelinghuysen Arboretum, the Wellmont Theater, and the Turtle Back Zoo. —CB

Town information

Median sale price for single family residences (2022)$457,347
Median household income$115,609
Racial breakdownBlack: 2.8%, Asian: 36.8%, Hispanic: 9.9%, White, non-Hispanic: 48.3%
U.S. racial breakdownBlack: 13.6%, Asian: 6.1%, Hispanic: 18.9%, White, non-Hispanic: 59.3%
Sharecare Community Well-Being Index Score (out of 100)76
District high school graduation rate95.8%
Number of quality family medicine doctors (rated 3.5 or higher) per 100,000 households, within 25 miles20
Number of quality nursing homes per 100,000 households, within 25 miles24
Sources: Witlytic, ATTOM Data Solutions, STI: Popstats, the U.S. Census Bureau, U.S. Department of Education, National Center for Education Statistics, the Kaiser Family Foundation,, Healthgrades, and Sharecare.

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