Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.1 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 2.8% ▼ 72% below avg |
| College Grads | 71.3% ▲ 84% above avg |
| Unemployment | 5.4% ▲ 10% above avg |
| No HS Diploma | 179 (1.2%) |
| HS Graduate | 2,340 (15.4%) |
| Some College | 911 (6%) |
| Associates | 926 (6.1%) |
| Bachelors | 969 (6.4%) |
| Graduate Degree | 9,845 (64.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $148,469 ▲ 95% above avg |
|---|---|
| Median Home Value | $571,300 ▲ 105% above avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $2,549/mo |
| Total Housing Units | 8,460 |
| Vacant Units | 156 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morris Plains is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 21,576 residents. It is a mature city, with a median age of 45.1 years.
Economically, Morris Plains is a upper-middle-income community. The median household income of $148,469 is significantly above the national average. Approximately 2.8% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.
The real estate market in Morris Plains is a premium housing market. Median home values stand at $571,300, which is more than double the national average. Renters typically pay around $2,549 per month. Homeownership is high at 75.5%, typical of suburban and family-oriented communities.
The population of Morris Plains is highly educated. 71.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (60.88%).
Morris Plains, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07950 | 21,576 | $148,469 | $571,300 | $2,549 | 5.4% | 71.3% | 75.5% |