All Countries
Morristown, IN
Full City Profile · Indiana · Hancock County County
2.9
/5.0
C+
Fair
996
Population
259/sq mi density
$47,850
Median Income
$26,119 per capita
$137,500
Home Value
$264,060 Zillow
$910
Median Rent
28.3% income on rent
52°F
Avg Temperature
293 sunny days/yr
136
Violent Crime/100K
1,698 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$47,850 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, $910/mo rent
F
Safety
1.0 / 5.0
136 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Income Overview
Median Household Income
$47,850
36% below
US avg: $75,149
Per Capita Income
$26,119
33% below
US avg: $39,052
Unemployment Rate
0.6%
83% below
US avg: 3.6%
Poverty Rate
11.2%
10% below
US avg: 12.4%
Income Comparison: Morristown vs. U.S. Average
Each bar shows Morristown’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$47,850
64%
Per Capita
US: $39,052
$26,119
67%
IRS Avg AGI
US: $72,000
$84,839
118%
Avg Weekly Wage
US: $1,432
$1,089
76%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,089
24% below US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
5.8%
62% below US avg (15.2%)
Drive Alone
79.0%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,922M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79%
Public Transit
0%
Work From Home
5.8%
Other
15.2%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,045
Restaurants
132
Healthcare
155
Retail
164
Manufacturing
73
Tax & Financial
IRS Avg Adjusted Gross Income
$84,839
18% above US avg ($72,000)
Avg Property Tax
$3,198
9% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $47,850 |
| Per Capita Income | $26,119 |
| IRS Avg Adjusted Gross Income | $84,839 |
| Avg Weekly Wage | $1,089 |
| County GDP | $4,922M |
Hardship Indicators
| Unemployment Rate | 0.6% |
| Poverty Rate | 11.2% |
| Gini Coefficient | 0.394 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 79.0% |
| Public Transit | 0.0% |
| Work From Home | 5.8% |
Businesses
| Total Establishments | 2,045 |
| Restaurants | 132 |
| Healthcare | 155 |
| Retail | 164 |
| Manufacturing | 73 |
Tax
| IRS Avg AGI | $84,839 |
| Avg Property Tax | $3,198 |