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AREA INFORMATION

Morristown, NJ

Explore the real estate in Morristown, NJ

Area Highlights

Morristown, NJ residents have a median age of 35 years old, with employment highest in the administrative support and healthcare practitioners industries.

20,396 Population

The population has increased by 1.1% since the year 2010.

8,770 Households

$105,927 /yr
Median Household Income

$663,912
Median Home Sale Price

22m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

35 Median Age

Average Household Size

2.3
persons per
household

29%

Married Households

Community Population By Education

Bachelors Degree 32%
Graduate Degree 25%
High School Graduate 19%
Some College 10%
Some High School 10%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 32.42% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.2% of households have children

Economics

$105,927 /yr
Median Household Income
$663,912
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 19.24% of the households.

Transportation to Work

  • Drive 78%
  • Work from Home 14%
  • Walk or Bike 5%
  • Public Transit 2%

Occupancy by Type

Rented 5,868 62%
Owned 2,902 31%
Vacant 699 7%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 35 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 47%
Hispanic 37%
Other 22%
Black 10%
Asian 5%
Native American 2%
The most prevalent ethnicity is White at 47%, followed by Hispanic at 37%, Other at 22%, and Black at 10%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
19° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
38°
Feb
20°
39°
Mar
28°
48°
Apr
37°
60°
May
47°
71°
Jun
56°
80°
Jul
61°
85°
Aug
59°
83°
Sep
52°
76°
Oct
40°
65°
Nov
32°
53°
Dec
23°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$660,000
For sale
4 beds • 2 baths • 2,406 sqft

11 Jersey Ave
Morristown, NJ 07960

$715,000
For sale
3 beds • 2 baths • 1 half baths

38 Windmill Drive
Morristown Town, NJ 07960

$1,599,999
For sale
6 beds • 5 baths

56 Old Mill Road
Mendham Township, NJ 07960

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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