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Morristown town, New Jersey Demographics & Population 2026

As of 2026, Morristown town, New Jersey has a total population of 20,256, the 55th largest city in New Jersey, with a median household income of $115,409, which is 14% higher than the state average. The poverty rate is 9.2%.

Morristown town Quick Facts

Population 20,256
Median Household Income $115,409
Median Home Value $552,800
Poverty Rate 9.2%
Unemployment Rate 5.0%
Median Age 34.0 years
Homeownership Rate 36.1%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 57.5%
High School Graduation Rate 90.4%
Diversity Index 62/100
Population 20,256 55th of 700
Median Income $115,409 average
Poverty Rate 9.2% 26% lower national
Median Home Value $552,800 top 30%

How Morristown town Compares

Economy & Housing

Employment

5.0% Unemployment Rate State: 6.2% | National: 5.2%
75.8% Labor Force Participation

Housing Overview

Owner 36.1%
Renter 63.9%
Affordability Index Moderate
4.8x home value to income ratio

People & Demographics

Diversity Index

62out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 60

Education

Morristown town Rankings in New Jersey

#55 Population of 700
#272 Median Income of 700
#194 Education of 700
#184 Home Value of 700

Other Cities in Morris County

CityPopulationMedian IncomePovertyHome Value
Dover town 18,420 $70,519 11.6% $347,100
Madison borough 16,464 $168,469 2.8% $882,900
Florham Park borough 13,134 $147,714 7.8% $722,700
Lincoln Park borough 10,901 $119,000 3.4% $419,500
Kinnelon borough 9,971 $178,102 2.0% $682,600
Chatham borough 9,219 $250,001 2.5% $944,300
Boonton town 8,803 $100,417 7.5% $475,300
Butler borough 8,072 $110,375 9.3% $425,900
Wharton borough 7,254 $92,548 18.8% $348,100
Rockaway borough 6,589 $100,028 6.3% $427,800

Cities Similar to Morristown town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hawthorne borough19,472$118,093$499,20045.3%5.1%
Tinton Falls borough19,252$113,844$458,30053.6%8.6%
Iselin CDP19,151$112,615$394,20055.0%6.4%
Palisades Park borough20,192$101,295$704,40053.7%10.0%
Woodbridge CDP20,086$99,718$361,20034.3%7.3%

Population Overview

Morristown town is a small city located in New Jersey, within Morris County. The total population is 20,256. It ranks as the 55th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Morristown town is 34.0 years. This is 15% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Morristown town is $115,409. This is 14% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 47% higher. The poverty rate stands at 9.2%. This is 6% lower than the state poverty rate of 9.8%. The unemployment rate is 5.0%. This is 19% lower than the state rate of 6.2%. The median home value is $552,800. Housing costs are 29% higher than the state median of $427,600. The home-value-to-income ratio is 4.8x. 36.1% of occupied housing units are owner-occupied. This homeownership rate is 43% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Morristown town is White (non-Hispanic), making up 52.6% of the population. Hispanic or Latino residents account for 29.3%. The Asian population (4.7%) is well below the state average of 9.8%.

Education

57.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%. Notably, 24.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Morristown town, New Jersey 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 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Morristown town, New Jersey?

Morristown town, New Jersey has a population of 20,256 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Morristown town is $115,409, which is 47% higher the national median of $78,538.

What is the poverty rate in Morristown town, NJ?

The poverty rate in Morristown town is 9.2%. This means approximately 1,839 residents live below the federal poverty line.

What is the racial makeup of Morristown town, New Jersey?

Morristown town's population is 52.6% White, 9.2% Black, 29.3% Hispanic/Latino, and 4.7% Asian.

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

The median home value in Morristown town is $552,800. The home-value-to-income ratio is 4.8x.

How educated is Morristown town, New Jersey?

57.5% of adults (25+) in Morristown town hold a bachelor's degree or higher, and 24.4% hold a graduate or professional degree.