Morristown town, Indiana Demographics & Population 2026

Name: Morristown town, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Morristown town, Indiana has a total population of 996, the 357th largest city in Indiana, with a median household income of $47,850, which is 32% lower than the state average. The poverty rate is 14.8%.

Key Takeaways

Household income is 32% below the state average, indicating significant economic challenges.
Near full employment with an unemployment rate of just 1.1%.

Morristown town Quick Facts

Population 996

Median Household Income $47,850

Median Home Value $137,500

Poverty Rate 14.8%

Unemployment Rate 1.1%

Median Age 42.3 years

Homeownership Rate 67.2%

Affordability Ratio 2.9x

Bachelor's Degree or Higher 13.6%

High School Graduation Rate 84.4%

Diversity Index 10/100

Population 996 357th of 967

Median Income $47,850 bottom 20%

Poverty Rate 14.8% 19% higher national

Median Home Value $137,500 average

How Morristown town Compares

Median Household Income

Morristown town

$47,850

$70,051

National

$78,538

Median Home Value

Morristown town

$137,500

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 18.3%

$25K-$50K 37.1%

$50K-$100K 25.6%

$100K+ 19.1%

Employment

1.1% Unemployment Rate State: 4.3% | National: 5.2%

53.2% Labor Force Participation

Housing Overview

Owner 67.2%

Renter 32.8%

Affordability Index Very Affordable

2.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

21.0%

18-34

14.4%

35-54

25.4%

55-74

20.1%

75+

19.2%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Morristown town Rankings in Indiana

#357 Population of 967

#675 Median Income of 967

#501 Education of 967

#374 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Morristown town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Roseland town	982	$48,125	$117,900	43.4%	27.1%
Taylorsville CDP	978	$48,640	$179,400	22.6%	43.8%
Lynn town	994	$44,450	$79,000	6.2%	13.6%
Bunker Hill town	956	$46,389	$85,400	11.2%	13.3%
Andrews town	1,068	$47,000	$84,600	4.4%	10.9%

Population Overview

Morristown town is a small community located in Indiana. The total population is 996. It ranks as the 357th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Morristown town is 42.3 years. This is 11% higher than the state median of 38.0 years. 19.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Morristown town is $47,850. This is 32% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 39% lower. The poverty rate stands at 14.8%. This is 22% higher than the state poverty rate of 12.2%. The unemployment rate is 1.1%. This is 74% lower than the state rate of 4.3%. The median home value is $137,500. Housing costs are 32% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.9x, Morristown town is one of the most affordable housing markets in the area. 67.2% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 70.3%.

Race & Ethnicity

Morristown town has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Asian residents account for 1.8%. The Black or African American population (0.6%) is well below the state average of 9.1%. The Hispanic or Latino population (1.4%) is well below the state average of 8.4%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.4%.

Data Sources & Methodology

All demographic data for Morristown town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Morristown town, Indiana?

Morristown town, Indiana has a population of 996 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morristown town, IN?

The median household income in Morristown town is $47,850, which is 39% lower the national median of $78,538.

What is the poverty rate in Morristown town, IN?

The poverty rate in Morristown town is 14.8%. This means approximately 129 residents live below the federal poverty line.

What is the racial makeup of Morristown town, Indiana?

Morristown town's population is 95.0% White, 0.6% Black, 1.4% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Morristown town, IN?

The median home value in Morristown town is $137,500. The home-value-to-income ratio is 2.9x.

How educated is Morristown town, Indiana?

13.6% of adults (25+) in Morristown town hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.