Climate Risk Summary

Parsippany, NJ Risk Profile

The primary drivers of climate-related financial risk in Parsippany, NJ are Inland Flooding, Cold Wave, and Earthquake. This area also faces an unusually high intensity for Winter Weather compared to national averages.

City-Wide Aggregation

These scores represent the population-weighted average across all residential blocks in Parsippany.

Primary Risks

Inland Flooding

$6,587,226

Expected Annual Loss for Parsippany

70.8Score

Very High compared to US average

Parsippany
Minimal Estimated LossMax Estimated Loss

Cold Wave

$588,968

Expected Annual Loss for Parsippany

71.8Score

Relatively High compared to US average

Parsippany
Minimal Estimated LossMax Estimated Loss

Earthquake

$299,527

Expected Annual Loss for Parsippany

61.7Score

Relatively Low compared to US average

Parsippany
Minimal Estimated LossMax Estimated Loss

City Boundary

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$6,587,226
Score: 70.8
MAJOR DRIVER
Cold Wave
$588,968
Score: 71.8
MAJOR DRIVER
Earthquake
$299,527
Score: 61.7
Strong Wind
$235,582
Score: 77.4
Tornado
$224,776
Score: 44.7
Hurricane
$210,656
Score: 66.4
Heat Wave
$182,342
Score: 49.8
Lightning
$78,945
Score: 61.6
UNUSUALLY HIGH
Winter Weather
$55,050
Score: 83.4
Ice Storm
$7,537
Score: 22.5
Hail
$3,848
Score: 18.9
Drought
$480
Score: 19.6
Wildfire
$182
Score: 15.9
Landslide
$5
Score: 35.2

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 70.8
🏠Low Investment

Cold Wave Mitigation

General property maintenance and insurance review recommended.

Risk Score: 71.8
🏠Low Investment

Earthquake Mitigation

General property maintenance and insurance review recommended.

Risk Score: 61.7
💨Low Investment

Strong Wind Mitigation

Trim large trees back from the roofline and reinforce roof-to-wall connectors (hurricane straps).

Risk Score: 77.4
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 66.4
🏠Low Investment

Lightning Mitigation

General property maintenance and insurance review recommended.

Risk Score: 61.6
🏠Low Investment

Winter Weather Mitigation

General property maintenance and insurance review recommended.

Risk Score: 83.4

Sources and Methodology

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

  • FEMA National Risk IndexHazard frequency and loss data (v1.20.0)
  • U.S. Census BureauTIGER/Line 2025 Shapefiles & Decennial Population

Nearby Cities

BoontonCedar KnollsLake HiawathaMountain LakesPine Brook

Zip Codes in Parsippany

Climate Risk Analysis for Parsippany, NJ