What We Evaluated
| 👨🏫 Class Size | 12.2:1 student-teacher ratio |
| 💰 Funding | $27,993 per student |
| 🏫 School Type | Regular |
School Information
| Address | 225 Kingston Road |
| City | Parsippany |
| ZIP Code | 07054 |
| District | 3412480 |
| NCES School ID | 341248004446 |
| Data Year | 2024-25 |
Community Context for 07054
Understanding the community around Lake Parsippany Elementary School helps evaluate the school environment and neighborhood.
💰 Income & Economy
| Median Household Income | $105,434 |
| Per Capita Income | $55,917 |
| Poverty Rate | 5.1% |
| Households Earning $100K+ | 53.1% |
🎓 Education Level
| Bachelor's Degree or Higher | 61.5% |
| High School or Higher | 93.4% |
🏠 Housing
| Median Home Value | $558,400 |
| Median Rent | $1,646 |
| Owner-Occupied | 49.8% |
| Renter-Occupied | 50.2% |
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Student Demographics
Enrollment and demographic breakdown for Lake Parsippany Elementary School.
👫 Gender Distribution
🌎 Race & Ethnicity
📋 Enrollment Summary
| Total Enrollment | 301 |
| Teachers (FTE) | 24.7 |
| Student:Teacher Ratio | 12.2:1 |
Frequently Asked Questions
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Other Schools in 07054
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than actual school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention and better student outcomes.
- School Funding — Resources available for programs, teachers, and facilities directly affect education quality.
- School Environment — School size and structure affect available programs and student experience.
Data source: NCES CCD 2024-25 | Last updated: September 2026