Morristown, New Jersey has a population of 19,884, with a median household income of $96,118.
Current median income data for Morristown.
19,884
$96,118
3.00%
$554,228
0.30
284.90 Mbps
Morristown is a small local community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Morristown is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.
Morristown has a population of 19,884, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.
The median household income in Morristown is $96,118, which is below the state average, indicating moderate economic conditions.
Housing prices in Morristown average around $554,228, which is relatively high compared to other cities in New Jersey.
The unemployment rate in Morristown is 3.00%, slightly above the state average, suggesting moderate employment conditions. Morristown has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in New Jersey, Morristown shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of New Jersey, Morristown contributes to the broader economic and social landscape, offering insights into regional development.
The population of Morristown is approximately 19,884.
Morristown offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Morristown is around $96,118.
The average housing price in Morristown is approximately $554,228.