Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Morristown, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Morristown.

← Back to Morristown Hub

Community Insights

Amenity Score
87/100
highly walkable area
High Incomes
$123k/year
top 8% nationally
Leading Industries
Healthcare · Arts, Food & Hospitality · Professional Services
17% healthcare
Home Value Growth⬆⬆
+17.8% over 2 years
Young Adults
39% of residents
top 3% nationally
Renters
63% of occupied units

People & Demographics

Total Population20,453
Households—
Under 18
18.0%
Age 18–34
39.0%
Age 35–64
28.0%
Age 65+
15.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$561,983
Median Gross Rent$2,207/mo
Owner Occupied
36.7%
Renter Occupied
63.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$123,137
Poverty Rate—

Key Industries

Healthcare17.0%
Professional Services2.0%
Manufacturing0.0%
Retail14.0%
Education1.0%

Amenities & Transit

Transit Score82 / 100
Walkability / Amenities87 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
30.0%
Master's or Higher
16.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Morristown?›

The total population of Morristown is approximately 20,453. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Morristown walkable and transit-friendly?›

Based on local geographic data, Morristown has an amenity and walkability score of 87/100 and a transit score of 82/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Morristown?›

The housing market in Morristown is predominantly driven by renters, with 37% of housing units being owner-occupied and 63% being renter-occupied.

What is the education level of residents in Morristown?›

In Morristown, approximately 30% of adult residents hold a bachelor's degree or higher. Additionally, 16% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.