Living in Morristown, Tennessee
Cost of living, income, home prices, rent and demographics of Morristown · Census data 2020–2024
Morristown has 31,527 residents with a median age of 36.3. The median household income is $47,917 (31% lower than the Tennessee median), the median home value is $181,100, the median rent is $882/month.
Morristown at a glance
- Population
- 31,527
- Median age
- 36.3State: 38.9
- Median household income
- $47,917State: $69,595
- Median home value
- $181,100State: $286,700
- Median rent
- $882/moState: $1,189
- Homeowners
- 54.9%
- Bachelor's degree or higher
- 15%
- Average commute
- 22 min
Is Morristown a good place to live?
Pros: Home values 37% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 31% lower than the Tennessee median; unemployment of 7.1%; a poverty rate of 26%.
The weather is best in May and August to October.
Cost of living in Morristown
Housing is the biggest part of the cost of living. In Morristown the median home value is $181,100, 46% lower than the U.S. median. Renters pay a median of $882 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,177 a month in housing costs.
Morristown median household income
The median household income in Morristown is $47,917 and the income per person is $26,504. 26% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Morristown: homes for sale and rent
- Housing units
- 13,559
- Owner-occupied
- 54.9%
- Renter-occupied
- 45.1%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.52
Morristown demographics
- Population
- 31,527
- Median age
- 36.3
- Under 18
- 26.4%
- 65 and older
- 16.4%
- Households
- 12,282
- Foreign-born
- 12.4%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Morristown ›
Education in Morristown
15% of adults 25 and older in Morristown have a bachelor's degree or higher (Tennessee: 31.1%), and 6.8% have a graduate or professional degree.
Jobs and commute in Morristown
- Unemployment rate
- 7.1%State: 4.7%
- Average commute
- 22 minState: 26 min
- Work from home
- 3.3%
- Drive alone
- 84.3%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 87.4%
Morristown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morristown | 31,527 | $47,917 | $181,100 | $882 |
| Russellville | 684 | $48,203 | $96,400 | $682 |
| White Pine | 2,565 | $55,313 | $203,900 | $797 |
| Bean Station | 3,016 | $44,785 | $164,600 | $598 |
| Mooresburg | 755 | $43,387 | $181,100 | — |
| Baneberry | 700 | $82,344 | $395,200 | — |
| Jefferson City | 8,579 | $60,638 | $213,200 | $851 |
| Bulls Gap | 948 | $52,857 | $178,500 | $779 |
| Rutledge | 1,676 | $50,045 | $154,400 | $626 |
More for people moving to Morristown
Morristown ZIP code ›Weather and climate ›Living in Morristown: FAQ
What is the median household income in Morristown, TN?
The median household income in Morristown is $47,917, 31% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Morristown?
The median home value in Morristown is $181,100, compared with $286,700 in Tennessee.
How much is rent in Morristown?
The median gross rent in Morristown is $882 per month, about 27.5% of household income.
Is Morristown, TN a good place to live?
Pluses: home values 37% lower than the state median; an average commute of 22 minutes. Minuses: median household income 31% lower than the Tennessee median; unemployment of 7.1%; a poverty rate of 26%.
What is the median age in Morristown?
The median age in Morristown is 36.3 years (Tennessee: 38.9).
How long is the commute in Morristown?
The average commute to work in Morristown is 22 minutes; 3.3% of workers work from home.
What is the unemployment rate in Morristown?
The unemployment rate in Morristown is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morristown?
15% of adults in Morristown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: