Rent & cost of living comparison
Median rents are similar: $2,963 in Boonton, NJ vs $2,925 in Parsippany, NJ. Household income is higher in Boonton, NJ ($114,302 vs $99,405). Parsippany, NJ is more renter-heavy at 51.6% renters.
Source: U.S. Census Bureau ACS, Zillow ZORI, HUD Fair Market Rents
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