At a Glance
Median Income
$74,479
$40,884 per capita
Home Value
$175,600
Zillow: $326,420
Median Rent
$1,152/mo
24.8% of income on rent
Bachelor's Degree+
9.2%
86.1% high school+
Unemployment
5.2%
7.4% poverty rate
Obesity Rate
36.8%
14.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Morristown a Good Place to Live?
B+
3.5 / 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 $74,479 , which is 1% below the national average of $75,149.
Per capita income is $40,884. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 7.4% of residents live below the poverty line. The area is home to 1,786 business establishments, including 136 restaurants.
Housing & Cost of Living
The median home value in Morristown is $175,600 , 38% below the national median of $281,900.
Zillow estimates the typical home at $326,420. Median rent is $1,152/month, with 24.8% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1963.
Education
9.2% of adults in Morristown hold a bachelor's degree or higher
(73% below the national average).
86.1% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Morristown has an average annual temperature of 45°F (7°C).
Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 35.5 inches.
Data Overview
People
Population982
Median Age41.6 yrs
Density877/mi²
Male / Female52% / 48%
Foreign Born7.6%
Veterans8.7%
Economy
B+
Median Income$74,479
Per Capita$40,884
Unemployment5.2%
Poverty7.4%
County GDP$4,083M
Avg Weekly Wage$1,165
Housing
A+
Home Value$175,600
Rent$1,152
Ownership77.9%
Zillow$326,420
Housing Units411
Rent Burden24.8%
Health
Obesity36.8%
Diabetes8.3%
Smoking14.2%
Heart Disease5.0%
Premature Death5,294/100K
Climate
Avg Temp45°F
Rain35.5 in/yr
Elevation1,005 ft
Education
D
Bachelor's+9.2%
High School+86.1%
Graduate+1.4%
School Score6.0/10
Community
2024 VoteR 50% / D 48%
Commute25 min
Broadband88.5%
Internet Speed155 Mbps
EV Stations2
Libraries3
Did You Know?
The median home in Morristown was built in 1963.
The nearest airport is Owatonna Degner Regional (12 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.9% of the population has a disability.
Average internet download speed is 155 Mbps.
There are 136 restaurants in the area.
The county recorded 4 fatal vehicle crashes.