Safe Rate Local

Morris County

Learn about the people, housing, costs and businesses in Morris County County

Median Home$121,825
Median Rent$791/month
Population12,076
Leading IndustriesPublic Administration · Retail · Manufacturing30% public administration
Home Value Growth⬆⬆⬆+24.1% over 2 years
Retirees22% of residentsnear the national average
Homeowners74% of occupied units
NotableVeteran Community11% of residents · top 7% nationally
NotableAffordable Market$122k median home · lower cost than 84% of the country
Morris County
TX

Frequently Asked Questions

What are today's mortgage rates in Morris County?

As of today, the 30-year fixed mortgage rate for Morris County is approximately 7.102% (7.133% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Morris County
What is the median home price in Morris County?

The median home value in Morris County is $122k. The median monthly rent is $791. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morris County?

Home values in Morris County have increased 24.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Morris County?

Based on a typical all-in ownership cost of $634/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morris County is $59k/year.

Calculate your buying power
What industries drive the economy in Morris County?

The largest employment sectors in Morris County are public administration (30%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas