Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.5 yrs |
|---|---|
| Avg HH Size | 2.44 |
| Below Poverty | 6.5% ▼ 35% below avg |
| College Grads | 74.3% ▲ 92% above avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 228 (0.7%) |
| HS Graduate | 4,547 (14.8%) |
| Some College | 1,138 (3.7%) |
| Associates | 1,990 (6.5%) |
| Bachelors | 1,294 (4.2%) |
| Graduate Degree | 21,522 (70.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $149,462 ▲ 96% above avg |
|---|---|
| Median Home Value | $701,100 ▲ 151% above avg |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $2,173/mo |
| Total Housing Units | 18,978 |
| Vacant Units | 643 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morristown is a city in New Jersey, located in Morris County. The city spans 3 ZIP codes and is home to approximately 46,178 residents. It is a middle-aged city, with a median age of 39.5 years.
Economically, Morristown is a upper-middle-income community. The median household income of $149,462 is significantly above the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Morristown is a premium housing market. Median home values stand at $701,100, which is more than double the national average. Renters typically pay around $2,173 per month. Homeownership is high at 61.9%, typical of suburban and family-oriented communities.
The population of Morristown is highly educated. 74.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (67.35%).
Morristown, NJ offers residents above-average earning potential within New Jersey. Spread across 3 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07960 | 46,178 | $149,462 | $701,100 | $2,173 | 5.1% | 74.3% | 61.9% |