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Businesses for Sale | Parsippany-Troy Hills, New Jersey

Discover business opportunities, in or around Parsippany-Troy Hills, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Parsippany-Troy Hills, located in The Garden State had a total population of 22,612 people.

Top Franchise Opportunities in Parsippany Troy Hills, New Jersey on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Food & Restaurant$25,000
2Pet Franchises$90,000
3Business Services$50,000
4Sports & Leisure$60,000
5Computer & Internet Franchises$10,000
6Business Opportunities$30,000
7Business Opportunities$100,000
8Financial Franchises$70,000
9Cleaning Franchises$795
10Home Services & Repair Franchises$80,000

City Statistics and Other Information About Parsippany-Troy Hills

Demographics

From a total population of 22,612, Parsippany-Troy Hills has a median age of 39. The average age of males, in Parsippany-Troy Hills, is 38 while the average age of females is 39. When you compare the median age of men and women in Parsippany-Troy Hills, there is an average difference of 1.53 years.

Income

The median income of individuals, in Parsippany-Troy Hills, is $61,291 while the average household income is $106,988. In 2029, the average income per capita for Parsippany-Troy Hills is expected to be $61,291.

Additional Information

No additional information.

Is Parsippany-Troy Hills the Best Location for Franchise Opportunities and Growth?

What is the average income in Parsippany-Troy Hills?

The median household income in Parsippany-Troy Hills is $106,988, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Parsippany-Troy Hills an affordable place to start a franchise?

With a median income of $106,988, Parsippany-Troy Hills presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Parsippany-Troy Hills's income compare to other locations?

The median income of $106,988 in Parsippany-Troy Hills is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Parsippany-Troy Hills have a stable workforce to support my business?

Absolutely! With 6,944 employed individuals, Parsippany-Troy Hills offers a solid labor force to support franchise growth.

Is Parsippany-Troy Hills a growing economy?

With a workforce of 6,944 and a median household income of $106,988, Parsippany-Troy Hills provides a stable economic environment for new business opportunities.

Does homeownership in Parsippany-Troy Hills indicate a stable market?

Homeownership rates at 4,334 show a strong local investment in the community, which benefits long-term franchise success.

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