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Morristown, MN
Full City Profile · Minnesota · Rice County County
3.0
/5.0
B
Good
982
Population
877/sq mi density
$74,479
Median Income
$40,884 per capita
$175,600
Home Value
$306,875 Zillow
$1,152
Median Rent
24.8% income on rent
45°F
Avg Temperature
270 sunny days/yr
118
Violent Crime/100K
2,026 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$74,479 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$175,600 home value, $1,152/mo rent
F
Safety
1.0 / 5.0
118 violent crimes/100K
D
Education
1.7 / 5.0
9.2% bachelor's degree or higher
Income Overview
Median Household Income
$74,479
1% below
US avg: $75,149
Per Capita Income
$40,884
5% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
7.4%
40% 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
$74,479
99%
Per Capita
US: $39,052
$40,884
105%
IRS Avg AGI
US: $72,000
$80,468
112%
Avg Weekly Wage
US: $1,432
$1,165
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,165
19% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
7.0%
54% below US avg (15.2%)
Drive Alone
82.0%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,083M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82%
Public Transit
0%
Work From Home
7%
Other
11%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,786
Restaurants
136
Healthcare
181
Retail
179
Manufacturing
76
Tax & Financial
IRS Avg Adjusted Gross Income
$80,468
12% above US avg ($72,000)
Avg Property Tax
$4,496
28% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $74,479 |
| Per Capita Income | $40,884 |
| IRS Avg Adjusted Gross Income | $80,468 |
| Avg Weekly Wage | $1,165 |
| County GDP | $4,083M |
Hardship Indicators
| Unemployment Rate | 3.8% |
| Poverty Rate | 7.4% |
| Gini Coefficient | 0.433 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 82.0% |
| Public Transit | 0.0% |
| Work From Home | 7.0% |
Businesses
| Total Establishments | 1,786 |
| Restaurants | 136 |
| Healthcare | 181 |
| Retail | 179 |
| Manufacturing | 76 |
Tax
| IRS Avg AGI | $80,468 |
| Avg Property Tax | $4,496 |