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
- Near full employment with an unemployment rate of just 0.6%.
Morristown Quick Facts
How Morristown Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 996 | 1,134 | +13.9% |
| Median household income | $47,850 | $53,250 | +11.3% |
| Median home value | $137,500 | $162,000 | +17.8% |
How Morristown Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Morristown Rankings in Indiana
Explore Indiana Rankings
Other Cities in Shelby County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wolcottville | 1,143 | $53,625 | $95,800 | 6.8% | 17.4% |
| Summitville | 1,104 | $52,946 | $101,600 | 8.8% | 21.4% |
| Farmersburg | 1,166 | $53,750 | $78,000 | 13.4% | 12.7% |
| Oxford | 1,113 | $51,522 | $121,800 | 13.2% | 13.9% |
| Monroeville | 1,122 | $56,302 | $128,000 | 14.5% | 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.
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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.