Pros and Cons of Living In Morristown, New Jersey. Is Morristown, NJ a Nice Place To Live or Retire?

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Morristown, New Jersey

Moving to Morristown In New Jersey ? Is Morristown, NJ a Nice Place To Live? Pros and Cons of Living in Morristown, New Jersey. Find out the best and worst about to live, raise a family or retire in Morristown.

DEMOGRAPHICS

Population
19065
Unemployment
4%
15% NAT AVG.
Poverty
8.8%
37% NAT AVG.
Cost Of Living
137
37% NAT AVG.

ECONOMICS

Median Home Cost
$479100
108% NAT AVG.
Median Income
$111130
65% NAT AVG.
Median Rent
$1941
67% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
171
62% NAT. AVG.
35% STATE AVG.
Violent Crime
30
60% NAT. AVG.
21% STATE AVG.
Property Crime
141
63% NAT. AVG.
37% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 25
People Earning < $10,000
1 in 21
People Earning < $50,000
21.7%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Morristown USA
White 56.9% 60.1%
African American 7.7% 12.2%
American Indian 0% 0.6%
Asian 5.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.5% 2.8%
Hispanic 25.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Morristown USA
Less than $10,000 4.7% 5.8%
$10,000 to $14,999 4% 4.1%
$15,000 to $24,999 4.3% 8.5%
$25,000 to $34,999 3.7% 8.6%
$35,000 to $49,999 5% 12.0%
$50,000 to $74,999 13.3% 17.2%
$75,000 to $99,999 11.9% 12.8%
$100,000 to $149,999 16.8% 15.6%
$150,000 to $199,999 14.2% 7.1%

EDUCATION

Education Morristown USA
< 9th Grade 4% 5.0%
9-12th Grade 4% 7.0%
High School or GED 20% 27.0%
Other College 10% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 33% 20.0%
Master's Degree 17% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 3% 1.0%
Morristown is a city in New Jersey state in USA with a population of 19065 residents.. The poverty rate of Morristown is 8.8%, which is 37% lower than national average. The typical household in Morristown earns $111130 a year, compared to the national median of $67,500. Nearly 21.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Morristown remained 4%, which is 15% lower than national rate.

Cost of living in Morristown is 137, which is 37% higher than national average. In Morristown, only 58% of adults have a bachelor's degree and 14% have some college but no degree. Median home value in Morristown is $479100 , which is 108% higher than national average. While median income in Morristown remained $111130, which is 65% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Morristown Scorecard

Jobs85%

Housing95%

Affordability50%

Safety80%

Amenities95%

Diversity90%

Education85%

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