Morristown, IN

Full City Profile · Indiana · Hancock County County

3.6 /5.0
B+ Good
996 Population 259/sq mi density
$47,850 Median Income $26,119 per capita
$137,500 Home Value $277,890 Zillow
$910 Median Rent 28.3% income on rent
54°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$47,850 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, $910/mo rent
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Morristown, IN

At a Glance

Median Income
$47,850
36% below
$26,119 per capita
Home Value
$137,500
51% below
Zillow: $277,890
Median Rent
$910/mo
22% below
28.3% of income on rent
Bachelor's Degree+
13.6%
60% below
84.4% high school+
Unemployment
1.1%
69% below
11.2% poverty rate
Obesity Rate
40.2%
25% above
17.7% smoking rate
Avg Temperature
54°F

How Morristown Compares to the U.S. Average

Each bar shows Morristown's value as a percentage of the national average (100% = U.S. avg)

Income
64%
Home Value
49%
Rent
78%
Poverty
90%
Bachelor's
40%
Unemployment
31%
Thin vertical line = U.S. national average (100%)

Is Morristown a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Morristown residents earn a median household income of $47,850 , which is 36% below the national average of $75,149. Per capita income is $26,119. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 11.2% of residents live below the poverty line. The area is home to 2,045 business establishments, including 132 restaurants.

Housing & Cost of Living

The median home value in Morristown is $137,500 , 51% below the national median of $281,900. Zillow estimates the typical home at $277,890. Median rent is $910/month, with 28.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1961.

Education

13.6% of adults in Morristown hold a bachelor's degree or higher (60% below the national average). 84.4% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Morristown has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 76°F in July. Annual precipitation totals 43.1 inches.

Data Overview

People

Population996
Median Age42.3 yrs
Density259/mi²
Male / Female44% / 56%
Foreign Born2.3%
Veterans7.0%

Economy

B+
Median Income$47,850
Per Capita$26,119
Unemployment1.1%
Poverty11.2%
County GDP$4,922M
Avg Weekly Wage$1,089

Housing

A+
Home Value$137,500
Rent$910
Ownership67.2%
Zillow$277,890
Housing Units455
Rent Burden28.3%

Health

Obesity40.2%
Diabetes10.7%
Smoking17.7%
Heart Disease5.6%
Premature Death7,434/100K

Climate

Avg Temp54°F
Rain43.1 in/yr
Elevation855 ft

Education

C
Bachelor's+13.6%
High School+84.4%
Graduate+2.8%
School Score6.4/10

Community

2024 VoteR 66% / D 32%
Commute34 min
Broadband83.7%
Internet Speed207 Mbps
EV Stations8
Libraries4

Did You Know?

The median home in Morristown was built in 1961.
The nearest airport is Indianapolis International (30 miles).
The Gini coefficient (income inequality) is 0.394 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.9% of the population has a disability.
Average internet download speed is 207 Mbps.
There are 132 restaurants in the area.
The county recorded 12 fatal vehicle crashes.