Living in Morristown, Vermont
Cost of living, income, home prices, rent and demographics of Morristown · Census data 2020–2024
Morristown has 5,722 residents with a median age of 47.8. The median household income is $66,273 (18% lower than the Vermont median), the median home value is $298,600, the median rent is $1,214/month.
Morristown at a glance
- Population
- 5,722
- Median age
- 47.8State: 43.1
- Median household income
- $66,273State: $81,203
- Median home value
- $298,600State: $316,600
- Median rent
- $1,214/moState: $1,234
- Homeowners
- 65%
- Bachelor's degree or higher
- 40.7%
- Average commute
- 21 min
Is Morristown a good place to live?
Pros: Home values 6% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%; a poverty rate of 9.8%.
Cons: Median household income 18% lower than the Vermont median.
The weather is best in June to September.
Cost of living in Morristown
Housing is the biggest part of the cost of living. In Morristown the median home value is $298,600, 10% lower than the U.S. median. Renters pay a median of $1,214 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,738 a month in housing costs.
Morristown median household income
The median household income in Morristown is $66,273 and the income per person is $51,004. 9.8% of residents live below the poverty line (Vermont: 10.1%).
Housing in Morristown: homes for sale and rent
- Housing units
- 3,192
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 1.85
Morristown demographics
- Population
- 5,722
- Median age
- 47.8
- Under 18
- 11.5%
- 65 and older
- 25.5%
- Households
- 3,031
- Foreign-born
- 6.9%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Morristown ›
Education in Morristown
40.7% of adults 25 and older in Morristown have a bachelor's degree or higher (Vermont: 43.8%), and 14.8% have a graduate or professional degree.
Jobs and commute in Morristown
- Unemployment rate
- 1.4%State: 3.6%
- Average commute
- 21 minState: 24 min
- Work from home
- 11%
- Drive alone
- 78.6%
- Public transit
- 0.6%
- Walk to work
- 2.2%
- Homes with broadband
- 92.1%
Morristown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morristown | 5,722 | $66,273 | $298,600 | $1,214 |
| Morrisville | 2,664 | $68,240 | $276,300 | $1,289 |
| Hyde Park | 513 | $89,946 | $221,800 | $1,306 |
| Stowe | 5,285 | $93,618 | $647,800 | $1,458 |
| Johnson | 1,799 | $48,633 | — | $947 |
| Elmore | 964 | $98,750 | $315,800 | $1,225 |
| North Hyde Park | 396 | $61,515 | $186,600 | — |
| Worcester | 831 | $73,833 | $271,100 | $1,023 |
| Wolcott | 1,507 | $70,259 | $221,300 | $1,059 |
More for people moving to Morristown
Morristown ZIP code ›Weather and climate ›Living in Morristown: FAQ
What is the median household income in Morristown, VT?
The median household income in Morristown is $66,273, 18% lower than the Vermont median of $81,203 (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 $298,600, compared with $316,600 in Vermont.
How much is rent in Morristown?
The median gross rent in Morristown is $1,214 per month, about 28.2% of household income.
Is Morristown, VT a good place to live?
Pluses: home values 6% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%; a poverty rate of 9.8%. Minuses: median household income 18% lower than the Vermont median.
What is the median age in Morristown?
The median age in Morristown is 47.8 years (Vermont: 43.1).
How long is the commute in Morristown?
The average commute to work in Morristown is 21 minutes; 11% of workers work from home.
What is the unemployment rate in Morristown?
The unemployment rate in Morristown is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morristown?
40.7% 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.
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