Morristown, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Morristown, New Jersey had a total population of 20,453, the 56th largest town in New Jersey, with a median household income of $121,340, which is 17% higher than the state average. The poverty rate is 7.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
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 | 20,256 | 20,453 | +1.0% |
| Median household income | $115,409 | $121,340 | +5.1% |
| Median home value | $552,800 | $567,600 | +2.7% |
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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Morristown Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Morris County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Parsippany | 21,345 | $99,405 | 6.7% | $555,400 |
| Dover | 18,563 | $73,737 | 14.2% | $366,700 |
| Madison | 16,447 | $171,471 | 3.2% | $943,200 |
| Florham Park | 13,564 | $158,696 | 8.7% | $791,400 |
| Lake Hiawatha | 11,018 | $104,663 | 3.4% | $428,600 |
| Pompton Plains | 10,971 | $117,959 | 5.6% | $539,000 |
| Lincoln Park | 10,957 | $123,397 | 2.9% | $443,300 |
| Budd Lake | 10,650 | $114,154 | 4.6% | $456,100 |
| Lake Hopatcong | 10,259 | $117,625 | 4.0% | $424,200 |
| Kinnelon | 10,013 | $187,438 | 2.0% | $706,400 |
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 |
|---|---|---|---|---|---|
| Ocean Acres | 19,204 | $121,924 | $402,500 | 36.3% | 1.9% |
| Tinton Falls | 19,361 | $117,308 | $478,000 | 54.3% | 6.8% |
| Point Pleasant | 19,334 | $115,625 | $575,300 | 50.0% | 4.5% |
| Woodbridge | 20,756 | $104,926 | $390,000 | 36.2% | 11.1% |
| Hawthorne | 19,628 | $110,237 | $533,700 | 47.0% | 4.0% |
Population Overview
Morristown is a small city located in New Jersey, within Morris County. The total population is 20,453. It ranks as the 56th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Morristown is 34.2 years. This is 15% lower than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Morristown is $121,340. This is 17% higher than the state median of $103,556. It is also 50% higher than the national median of $80,734. The poverty rate stands at 7.8%. This is 20% lower than the state poverty rate of 9.7%. The unemployment rate is 5.3%. This is 16% lower than the state rate of 6.3%. The median home value is $567,600. Housing costs are 25% higher than the state median of $454,400. The home-value-to-income ratio is 4.7x. 36.7% of occupied housing units are owner-occupied. This homeownership rate is 43% lower than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Morristown is White (non-Hispanic), making up 51.1% of the population. Hispanic or Latino residents account for 32.9%. The Asian population (4.2%) is well below the state average of 10.1%.
Education
58.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%. Notably, 25.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Morristown, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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, New Jersey?
Morristown, New Jersey has a population of 20,453 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Morristown, NJ?
The median household income in Morristown is $121,340, which is 50% higher than the national median of $80,734.
What is the poverty rate in Morristown, NJ?
The poverty rate in Morristown is 7.8%. This means approximately 1,572 residents live below the federal poverty line.
What is the racial makeup of Morristown, New Jersey?
Morristown's population is 51.1% White, 7.4% Black, 32.9% Hispanic/Latino, and 4.2% Asian.
What is the median home value in Morristown, NJ?
The median home value in Morristown is $567,600. The home-value-to-income ratio is 4.7x.
How educated is Morristown, New Jersey?
58.1% of adults (25+) in Morristown hold a bachelor's degree or higher, and 25.4% hold a graduate or professional degree.