Property Prices in Parsippany-Troy Hills, NJ, United States

Index
Price to Income Ratio:	3.19
Mortgage as Percentage of Income:	26.17%
Loan Affordability Index:	3.82
Price to Rent Ratio - City Centre:	?
Price to Rent Ratio - Outside of Centre:	?
Gross Rental Yield (City Centre):	?
Gross Rental Yield (Outside of Centre):	?

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	?
Apartment (1 bedroom) Outside of Centre	1,200.00 $
Apartment (3 bedrooms) in City Centre	?
Apartment (3 bedrooms) Outside of Centre	?
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	270.00 $
Price per Square Feet to Buy Apartment Outside of Centre	200.00 $
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,966.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.43

These data are based on 7 entries in the past 18 months from 3 different contributors.
Last update: May 2022

Sources and References

Nearby cities:

Property Prices in Morristown, New Jersey	5.87 miles
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Property Prices in West Orange, New Jersey	13.21 miles
Property Prices in Summit, New Jersey	13.27 miles
Property Prices in Riverdale, New Jersey	13.38 miles
Property Prices in Basking Ridge, New Jersey	13.44 miles
Property Prices in Montclair, New Jersey	13.66 miles
Property Prices in Bloomfield, New Jersey	15.40 miles
Property Prices in East Orange, New Jersey	15.72 miles
Property Prices in Springfield, New Jersey	15.97 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	62,530.00
GDP Growth Rate:	2.16%
Population Growth Rate:	0.70%