Parsippany, NJ 07054

Published March 2024

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 94
Days Above 95°F 3
Rainy Days 137
Humid Days 137
Days in 40s 61
Days in 50s 64
Days in 60s 72
Days in 70s 54
Days in 80s 67
Days in 90s 22
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 60% 22%
20°F - 70°F 60% 22%
30°F - 70°F 60% 9%
40°F - 70°F 53% 5%
50°F - 70°F 37% 14%
10°F - 80°F 75% 25%
20°F - 80°F 75% 25%
30°F - 80°F 75% 14%
40°F - 80°F 68% 9%
50°F - 80°F 51% 28%
10°F - 90°F 93% 36%
20°F - 90°F 93% 36%
30°F - 90°F 93% 20%
40°F - 90°F 86% 20%
50°F - 90°F 70% 42%
10°F - 100°F 100% 23%
20°F - 100°F 100% 23%
30°F - 100°F 99% 24%
40°F - 100°F 92% 44%
50°F - 100°F 76% 58%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 10% 43% 2339 1683 238 - 418 -
40k - - 13% 61% 5540 4290 490 - 760 -
70k - - 17% 70% 12319 9991 997 - 1330 -
22k - 66k 17% 15% 3764 1683 238 1425 418 -
40k - 120k 20% 20% 8132 4290 490 2592 760 -
70k - 210k 24% 23% 16855 9991 997 4536 1330 -
100k - 300k 26% 20% 26530 15886 2263 6480 1901 -
200k - 600k 34% 12% 68752 43821 8169 12960 3802 -
400k - 1.2M 39% 9% 157052 102619 20909 25920 7604 -
800k - 2.4M 45% 8% 362596 249158 46389 51840 15208 -
1.6M - 4.8M 50% 6% 803196 556279 112819 103680 30417 -
100k 50k 450k 22% 15% 33504 15886 5046 9720 2851 -
200k 100k 900k 28% 9% 85115 45433 14539 19440 5703 -
400k 400k 2.4M 33% 8% 268369 154932 46389 51840 15208 -
800k 1M 5.4M 38% 6% 690824 409206 130759 116640 34219 -
1.6M 3.2M 14.4M 42% 4% 2036864 1184962 449610 311040 91252 -
1 150k 450k 17% 16% 26731 9112 5047 9720 2851 -
1 300k 900k 23% 10% 71294 31612 14539 19440 5703 -
1 800k 2.4M 27% 8% 220050 106612 46389 51840 15208 -
1 1.8M 5.4M 32% 6% 579001 297382 130759 116640 34219 -
1 4.8M 14.4M 36% 4% 1749284 897382 449610 311040 91252 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 656084
Median Days on Market 18
3000SF Builder Grade Projected Cost 906130
3000SF Designer Grade Projected Cost 2265326
3000SF Estate Grade Projected Cost 4530652
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 331 132 66
200k Unstable 662 264 132
300k Unstable 993 397 198
400k Builder Grade 1000sf 1324 529 264
500k Builder Grade 1000sf 1655 662 331
600k Builder Grade 1000sf 1986 794 397
700k Builder Grade 2000sf 2317 927 463
800k Builder Grade 2000sf 2648 1059 529
900k Builder Grade 2000sf 2979 1191 595
1M Builder Grade 3000sf 3310 1324 662
1.25M Builder Grade 4000sf 4138 1655 827
1.5M Builder Grade 4000sf 4966 1986 993
1.75M Builder Grade 5000sf 5793 2317 1158
2M Builder Grade 5000sf 6621 2648 1324
2.25M Builder Grade 5000sf 7449 2979 1489
2.5M Designer Grade 3000sf 8276 3310 1655
2.75M Designer Grade 3000sf 9104 3641 1820
3M Designer Grade 3000sf 9932 3972 1986
3.5M Designer Grade 4000sf 11587 4635 2317
4M Designer Grade 5000sf 13243 5297 2648
4.5M Designer Grade 5000sf 14898 5959 2979
5M Estate Grade 3000sf 16553 6621 3310
7.5M Estate Grade 4000sf 24830 9932 4966
10M Estate Grade 6000sf 33107 13243 6621