Housing data for Morristown Town, NJ
Morristown Town, NJ has an estimated 20,453 residents and 9,360 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Morris County.
63.3% of households rent.
The median gross rent is $2,274 a month.
Its population grew measurably since 2015–2019 (+8.2%).
Figures last updated on .
- Residents
- 20,453 (±27)
- Housing units
- 9,360 (±524)
- Households that rent
- 63.3%
- Median gross rent
- $2,274
- Residents since 2015–2019
- +8.2%
What stands out in Morristown Town
Households that rent: 63.3% (±3.4 points) in Morristown Town, higher than in Morris County (25.7%).
Homes in buildings of 5 or more units: 47.6% (±5.1 points) in Morristown Town, higher than in Morris County (19.2%).
Households that moved in since 2020: 38.5% (±4.5 points) in Morristown Town, higher than in Morris County (19.7%).
Homes heated by fuel oil: 2.1% (±1.0 points) in Morristown Town, lower than in Morris County (13.9%).
- Renters and owners in Morristown Town
- Types of homes in Morristown Town
- How long people stay in Morristown Town
- Heating fuel in Morristown Town
Housing in Morristown Town at a glance
- Median rent: $2,274 median gross rent a month
- Rent by bedrooms: $2,609 median gross rent, 2 bedrooms
- Rent burden: 37.4% of renters pay 30% or more of income
- Renters and owners: 63.3% of households rent
- Income and affordability: $121,340 median household income
- Home values: $567,600 median home value
- Homeowner costs: $2,984 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 47.6% of homes are in buildings of 5 or more units
- Bedrooms: 32.3% of homes have 3 or more bedrooms
- Age of homes: 59.3% of homes were built before 1980
- Vacancy rate: 2.4% rental vacancy rate
- Heating fuel: 67.8% heat with utility gas
- Commute and cars: 23.9 minutes average trip to work
- Crime reported to police: 72 violent crimes per 100,000 residents
- Growth: +8.2% residents since 2015–2019
- How long people stay: 38.5% moved in since 2020
- Crowding and facilities: 3.2% of homes have more than 1 person per room
Morristown Town against Morris County, its state and the nation
| Morristown Town | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 20,453 (±27) | 514,528 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 9,360 (±524) | 199,506 (±100) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 63.3% (±3.4 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $2,274 (±$125) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
| Median household income | $121,340 (±$14,435) | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median home value | $567,600 (±$35,322) | $582,500 (±$5,640) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 59.3% (±5.7 points) | 62.4% (±1.4 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 23.9 minutes (±1.4) | 29.8 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.0% (±2.1 points) | 95.2% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 34.2 years (±1.3) | 42.6 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Morristown Town covers 2.9 square miles of land, about 7,031 residents per square mile (Census Bureau Gazetteer).
How Morristown Town has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 18,909 (±28) | 20,453 (±27) | +8.2% | Measurable increase |
| Housing units | 9,340 (±469) | 9,360 (±524) | +0.2% | Not a measurable change |
| Median gross rent | $1,729 (±$93) | $2,274 (±$125) | +31.5% | No measurable change after inflation |
| Median home value | $472,000 (±$22,895) | $567,600 (±$35,322) | +20.3% | No measurable change after inflation |
| Median household income | $96,545 (±$7,864) | $121,340 (±$14,435) | +25.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,786 (±$124) | $2,984 (±$203) | +7.1% | Down after inflation |
| Households that rent | 65.0% (±3.7 points) | 63.3% (±3.4 points) | −1.7 percentage points | Not a measurable change |
| Rental vacancy rate | 8.1% (±3.7 points) | 2.4% (±2.4 points) | −5.7 percentage points | Measurable decrease |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Morristown Town
In 2025, the Morristown Police Department reported 72 violent and 139 property crimes per 100,000 residents to the FBI.
Places near Morristown Town
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Morris Township | 0.9 mi | $2,437 | $765,100 | 14.1% |
| Cedar Knolls | 1.9 mi | $2,849 | $646,700 | 41.1% |
| Morris Plains Borough | 2.9 mi | $2,835 | $643,300 | 28.4% |
| Hanover Township | 3.0 mi | $2,813 | $629,600 | 21.0% |
| Whippany | 3.6 mi | $2,556 | $615,400 | 12.7% |
| Harding Township | 4.0 mi | $2,917 | $1,145,100 | 9.8% |
| Madison Borough | 4.1 mi | $2,253 | $943,200 | 36.2% |
| Green Village | 4.4 mi | $2,782 | $823,900 | 50.3% |
Places in New Jersey most like Morristown Town
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Plainsboro Center | $2,099 | $483,300 | $119,317 | 65.6% |
| East Rutherford Borough | $1,952 | $458,100 | $97,993 | 64.6% |
| Caldwell Borough | $1,976 | $575,400 | $96,824 | 58.1% |
| Green Village | $2,782 | $823,900 | $88,977 | 50.3% |
| Highland Park Borough | $1,873 | $471,700 | $104,694 | 59.7% |
| Somerville Borough | $1,802 | $435,700 | $103,760 | 57.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Morristown Town, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,637 | $1,850 | $2,233 | $2,785 | $3,188 |
HUD income limits for Morristown Town, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $29,050 | $48,450 | $74,800 |
| 2 people | $33,200 | $55,400 | $85,450 |
| 3 people | $37,350 | $62,300 | $96,150 |
| 4 people | $41,500 | $69,200 | $106,800 |
| 5 people | $44,850 | $74,750 | $115,350 |
| 6 people | $48,150 | $80,300 | $123,900 |
| 7 people | $51,500 | $85,850 | $132,450 |
| 8 people | $55,720 | $91,350 | $141,000 |
These are the limits HUD sets for its housing programs in the Newark, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $138,400.
A program can use its own limits; tax-credit and local programs often do.
Local rules in Morristown Town
Morristown Town has local landlord and tenant rules of its own on top of New Jersey law.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Morristown Town
What is the average rent in Morristown Town, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Morristown Town is $2,274 (±$125) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Morristown Town?
The median gross rent for a one-bedroom home in Morristown Town, NJ is $2,143 (±$127) a month (2020–2024 American Community Survey).
Are renters in Morristown Town rent-burdened?
37.4% of renting households in Morristown Town pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Morristown Town?
Morristown Town has an estimated 5,744 (±485) renting households, 63.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Morristown Town?
The median household income in Morristown Town is $121,340 (±$14,435) a year (2020–2024 American Community Survey).
What is the average home value in Morristown Town, NJ?
The Census Bureau publishes the median: $567,600 (±$35,322) for owner-occupied homes in Morristown Town (2020–2024 American Community Survey).
Is Morristown Town growing?
In Morristown Town, the number of residents went from 18,909 in 2015–2019 to 20,453 in 2020–2024 (+8.2%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Newark, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Newark, NJ HUD Metro FMR Area
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Morristown Police Department (ORI NJ0142400)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Morristown town, Morris County, New Jersey (county subdivision:48300, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .