Skip to main content

Morristown, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Morristown, Indiana had a total population of 1,134, the 329th largest town in Indiana, with a median household income of $53,250, which is 26% lower than the state average. The poverty rate is 14.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Morristown Quick Facts

Population 1,134
Median Household Income $53,250
Median Home Value $162,000
Poverty Rate 14.1%
Unemployment Rate 0.6%
Median Age 41.8 years
Homeownership Rate 69.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 16.1%
High School Graduation Rate 84.7%
Diversity Index 13/100
Population 1,134 329th of 967
Median Income $53,250 bottom 30%
Poverty Rate 14.1% 13% higher than national
Median Home Value $162,000 average

How Morristown Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9961,134+13.9%
Median household income$47,850$53,250+11.3%
Median home value$137,500$162,000+17.8%

How Morristown Compares

Economy & Housing

Household Income Distribution

Under $25K 18.0%
$25K-$50K 27.9%
$50K-$100K 29.1%
$100K+ 25.0%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
3.9%
$15K-$20K
4.9%
$20K-$25K
3.4%
$25K-$30K
4.1%
$30K-$35K
3.9%
$35K-$40K
6.6%
$40K-$45K
9.0%
$45K-$50K
4.4%
$50K-$60K
9.5%
$60K-$75K
2.4%
$75K-$100K
17.2%
$100K-$125K
7.3%
$125K-$150K
9.5%
$150K-$200K
4.6%
$200K+
3.6%

Employment

0.6% Unemployment Rate State: 4.3%|National: 5.2%
57.1% Labor Force Participation

Housing Overview

Owner 69.9%
Renter 30.1%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $902/mo 20.3% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Morristown Rankings in Indiana

#329 Population of 967
#594 Median Income of 796
#434 Education of 966
#342 Home Value of 818

Other Cities in Shelby County

CityPopulationMedian IncomePovertyHome Value
Shelbyville 20,296 $55,602 21.5% $174,700
St. Paul 887 $60,938 6.1% $112,200
Fairland 660 $42,083 11.4% $186,600
Waldron 606 $80,441 7.2% $165,900

Cities Similar to Morristown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wolcottville1,143$53,625$95,8006.8%17.4%
Summitville1,104$52,946$101,6008.8%21.4%
Farmersburg1,166$53,750$78,00013.4%12.7%
Oxford1,113$51,522$121,80013.2%13.9%
Monroeville1,122$56,302$128,00014.5%4.5%

Population Overview

Morristown is a small community located in Indiana, within Shelby County. The total population is 1,134. It ranks as the 329th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Morristown is 41.8 years. This is 10% higher than the state median of 38.1 years. 18.2% 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 is $53,250. This is 26% lower than the state median of $71,957. It is also 34% lower than the national median of $80,734. The poverty rate stands at 14.1%. This is 15% higher than the state poverty rate of 12.3%. The unemployment rate is 0.6%. This is 87% lower than the state rate of 4.3%. The median home value is $162,000. Housing costs are 26% lower than the state median of $218,200. The home-value-to-income ratio is 3.0x. 69.9% of occupied housing units are owner-occupied.

Race & Ethnicity

Morristown has a predominantly White (non-Hispanic) population, comprising 93.4% of all residents. Asian residents account for 2.5%. The Black or African American population (0.6%) is well below the state average of 9.1%. The Hispanic or Latino population (2.0%) is well below the state average of 8.6%.

Education

16.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.7%.

Data Sources & Methodology

All demographic data for Morristown, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Morristown, Indiana?

Morristown, Indiana has a population of 1,134 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morristown, IN?

The median household income in Morristown is $53,250, which is 34% lower than the national median of $80,734.

What is the poverty rate in Morristown, IN?

The poverty rate in Morristown is 14.1%. This means approximately 142 residents live below the federal poverty line.

What is the racial makeup of Morristown, Indiana?

Morristown's population is 93.4% White, 0.6% Black, 2.0% Hispanic/Latino, and 2.5% Asian.

What is the median home value in Morristown, IN?

The median home value in Morristown is $162,000. The home-value-to-income ratio is 3.0x.

How educated is Morristown, Indiana?

16.1% of adults (25+) in Morristown hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.