Is Troy Hills Safe, Pros and cons of living in Troy Hills

Troy Hills, a community within Parsippany-Troy Hills Township in Morris County, New Jersey, offers a blend of suburban tranquility and convenient access to urban centers. This area is known for its well-established neighborhoods and a diverse population, contributing to a vibrant community fabric. Residents often appreciate the balance between a peaceful living environment and the amenities available in the surrounding region.

The township itself is the most populous municipality in Morris County, underscoring its significance within the region. Its name’s origins trace back to the Lenape Native American sub-tribe, with “Parsippany” stemming from “parsipanong,” meaning “the place where the river winds through the valley.” The “Troy Hills” name was adopted to prevent confusion with Troy, New York, highlighting a thoughtful approach to local identity.

Is it Safe to Live in Troy Hills?

Troy Hills generally presents a safe environment for its residents, with crime rates significantly below national averages. The township has experienced a downward trend in both violent and property crimes over the past several years (as reported by CityRating.com). This positive trend suggests a continued improvement in safety and security for those living in or considering a move to the area.

In terms of specific crime statistics, Parsippany-Troy Hills Township reported a violent crime rate that was 61.6% below the national average and a property crime rate that was 44.8% below the national average between 2019 and 2023 (as reported by the FBI Crime Data Explorer). These figures are further bolstered by a student poll indicating that 65% of residents feel very safe in Parsippany-Troy Hills, with an additional 30% feeling generally safe (as reported by Niche). The most common offenses recorded were property crimes, while aggravated assaults had the lowest rate (as reported by the FBI Crime Data Explorer).

Housing Costs in Troy Hills

The real estate market in Troy Hills is characterized by a median real estate price of $849,447, which is higher than most neighborhoods in New Jersey and the United States (as reported by NeighborhoodScout). This indicates a market with a significant investment in residential properties.

For those interested in renting, the average rental price in Troy Hills is approximately $6,245 per month, which is notably higher than the vast majority of neighborhoods in New Jersey (as reported by NeighborhoodScout). This high rental cost is also reflected in the broader Parsippany-Troy Hills Township, where the median rent for all property types stands at $3,350 per month, significantly above the national average (as reported by Zumper). The township’s housing market is considered a seller’s market as of March 2026, suggesting strong demand and potentially rising prices (as reported by realtor.com®).

Job Market and Economy

Parsippany-Troy Hills Township boasts a robust job market with a diverse economic landscape. The average yearly salary in the township is approximately $85,374 (as reported by ReadySetHire). This figure reflects a healthy earning potential across various industries present in the area, including manufacturing, healthcare, and finance.

The unemployment rate in Parsippany-Troy Hills was reported at 3.8% (as reported by Niche). Key high-paying jobs in the area include Software Engineers, with an average salary of $123,085, and Project Engineers, earning around $114,489 annually (as reported by ReadySetHire). Major employers in the vicinity contribute to this dynamic job market, offering a range of career opportunities for residents.

Climate and Environment

Troy Hills experiences a humid subtropical climate with distinct seasonal variations. Summer months bring warm temperatures, with highs typically ranging from 82°F (27.8°C) to 86°F (30°C), making it pleasant for outdoor activities (as reported by Weather Spark). Winters can be cold, with average low temperatures dipping between 18°F (-7.8°C) and 20°F (-6.7°C) in January and February (as reported by Weather Spark).

The area sees consistent rainfall throughout the year, with monthly precipitation levels remaining reasonably steady. The driest month is typically February, receiving about 2.9 inches (74mm) of rain, while September is the rainiest, with approximately 4.9 inches (124mm) (as reported by Weather Spark). Daylight hours also vary significantly with the seasons, ranging from about 9.3 hours in winter to 15.1 hours in summer (as reported by Weather Spark).

Education and Schools

The Parsippany-Troy Hills School District is highly regarded, ranking among the top school districts in New Jersey. It was placed 27th best in the state and 444th out of over 10,000 nationally by Niche’s 2024 Best Schools and Districts report (as reported by Patch). The district also holds a strong position locally, ranking as the 4th best in Morris County (as reported by Patch).

Troy Hills School, a public elementary school within the district, receives high ratings, including being ranked among the best public elementary schools in New Jersey (as reported by Niche). It boasts a student-teacher ratio of 11 to 1, and state test scores indicate that 73% of students are proficient in math and 67% in reading (as reported by Niche). The overall Niche grade for Troy Hills School is an A-minus, reflecting its quality educational offerings.

Demographics and Population

Parsippany-Troy Hills Township is home to approximately 56,162 residents as of the 2020 Census, showing a steady increase from previous years (as reported by Wikipedia). The median age in the township is around 42 years (as reported by Point2Homes). The population is diverse, with significant White and Asian populations, alongside smaller percentages of African American and Hispanic residents (as reported by Niche).

The racial makeup includes approximately 46% White, 38% Asian, 3% African American, and 9% Hispanic residents, with other races comprising the remainder (as reported by Niche). This diversity contributes to the unique cultural landscape of the area. The average household income in Parsippany-Troy Hills was reported as $143,879 in 2024 (as reported by the U.S. Census Bureau via Point2Homes), indicating a generally affluent community.

Cost of Living

The cost of living in Parsippany-Troy Hills is considered relatively high, ranking among the more expensive cities globally and within the United States. As of May 2026, the average cost of living is estimated at $2,287, placing it in the top 14% of expensive cities worldwide (as reported by LivingCost.org). This is further supported by its ranking as the 108th most expensive city out of 111 in New Jersey (as reported by LivingCost.org).

While certain expenses like groceries and dining may be lower than the national average in some comparisons (as reported by CityCost), overall housing costs, including rent and home prices, are significantly above national figures (as reported by Zumper and NeighborhoodScout). For example, the median rent is $3,350 per month, and the median home value is $536,200 (as reported by Niche).

Major Employers and Industries

Parsippany-Troy Hills Township is a hub for numerous major employers, contributing to its strong job market and economic vitality. Companies such as Honeywell and Verizon are notable employers in the technology sector, offering roles for Software Engineers (as reported by ReadySetHire). Other significant companies providing employment opportunities include Gilead Sciences, Teva Pharmaceuticals, HNTB Corporation, IQVIA, and T-Mobile, spanning industries from pharmaceuticals to engineering and telecommunications (as reported by ReadySetHire).

The presence of these diverse industries highlights the township’s economic breadth. Key sectors like manufacturing, healthcare, and finance are particularly strong, offering competitive salaries and career advancement opportunities. This concentration of major employers ensures a dynamic employment landscape for residents seeking diverse professional paths.