Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.4 yrs |
|---|---|
| Avg HH Size | 2.35 |
| Below Poverty | 14.9% ▲ 49% above avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 1.8% ▼ 63% below avg |
| No HS Diploma | 31 (2%) |
| HS Graduate | 689 (43.6%) |
| Some College | 236 (14.9%) |
| Associates | 121 (7.7%) |
| Bachelors | 193 (12.2%) |
| Graduate Degree | 311 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,337 ▼ 8% below avg |
|---|---|
| Median Home Value | $206,700 ▼ 26% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $959/mo |
| Total Housing Units | 974 |
| Vacant Units | 65 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morristown is a city in Indiana, located in Shelby County. The city spans 1 ZIP code and is home to approximately 2,263 residents. It is a mature city, with a median age of 45.4 years.
Economically, Morristown is a solidly middle-class community. The median household income of $70,337 is near the national average. Approximately 14.9% of residents live below the poverty line. The unemployment rate is 1.8%, well below the national average.
The real estate market in Morristown is an affordable housing market. Median home values stand at $206,700, which is below the national average. Renters typically pay around $959 per month. Homeownership is high at 74.9%, typical of suburban and family-oriented communities.
The population of Morristown is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.79%).
Morristown, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46161 | 2,263 | $70,337 | $206,700 | $959 | 1.8% | 31.9% | 74.9% |