What percentage of people rent in Morristown, VT?
35.0% (±7.2 points) of the occupied homes in Morristown, VT are rented (2020–2024 American Community Survey).
That is 1,062 renting households against 1,969 that own their home.
In Morristown, the share of households that rent went from 31.2% in 2015–2019 to 35.0% in 2020–2024 (+3.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.0% (±7.2 points)
- Renting households
- 1,062 (±252)
- Median renter income
- $50,630 (±$5,942)
Who rents and who owns in Morristown
| Morristown | Lamoille County | Vermont | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.0% (±7.2 points) | 27.1% (±2.6 points) | 26.8% (±0.5 points) | 34.8% |
| Renting households | 1,062 (±252) | 3,236 (±353) | 73,337 (±1,434) | 45,017,354 |
| Owning households | 1,969 (±202) | 8,687 (±363) | 200,079 (±1,748) | 84,210,142 |
| Average renter household size | 1.5 (±0.2) | 1.8 (±0.1) | 1.9 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.1) | 2.3 (±0.1) | 2.4 (±0.0) | 2.6 |
| Median renter household income | $50,630 (±$5,942) | $49,932 (±$3,478) | $49,234 (±$1,333) | $52,966 |
| Median owner household income | $77,083 (±$12,938) | $88,529 (±$6,895) | $97,138 (±$1,553) | $100,009 |
In Morristown, the renter share is higher than in Lamoille County (27.1%).
It is also higher than in Vermont (26.8%).
It is not measurably different from the national figure (34.8%).
In Lamoille County, Morristown ranks 2 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 18 of 246.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Morristown has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.2% (±6.3 points) | 35.0% (±7.2 points) | +3.8 percentage points | Not a measurable change |
| Median gross rent | $950 (±$63) | $1,214 (±$123) | +27.8% | No measurable change after inflation |
| Median household income | $63,592 (±$6,633) | $66,273 (±$4,629) | +4.2% | Down after inflation |
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.
Households that rent in places near Morristown
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Morristown | — | 35.0% (±7.2 points) | — |
| Hyde Park (Lamoille County, village) | 4.0 mi | 20.4% (±11.4 points) | Lower |
| Stowe | 5.2 mi | 21.4% (±5.6 points) | Lower |
| Stowe (community) | 5.9 mi | 34.4% (±20.8 points) | Not measurably different |
| Hyde Park (Lamoille County, town) | 6.4 mi | 15.7% (±6.4 points) | Lower |
| Johnson (Lamoille County, village) | 6.5 mi | 66.8% (±11.8 points) | Higher |
| Johnson (Lamoille County, town) | 7.4 mi | 41.6% (±7.4 points) | Not measurably different |
| Elmore | 7.5 mi | 7.3% (±5.4 points) | Lower |
| Worcester | 8.8 mi | 14.1% (±7.1 points) | Lower |
Nearby places with a measurably lower figure: Hyde Park (Lamoille County, village), VT (20.4%), Stowe, VT (21.4%), Hyde Park (Lamoille County, town), VT (15.7%).
Nearby places with a measurably higher figure: Johnson (Lamoille County, village), VT (66.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lamoille County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Johnson (Lamoille County, town) | 41.6% (±7.4 points) |
| 2 | Morristown | 35.0% (±7.2 points) |
| 3 | Cambridge (Lamoille County, town) | 29.7% (±7.3 points) |
| 4 | Eden | 22.6% (±9.4 points) |
| 5 | Stowe | 21.4% (±5.6 points) |
| 6 | Wolcott | 20.5% (±7.2 points) |
| 7 | Waterville | 20.1% (±10.3 points) |
| 8 | Hyde Park (Lamoille County, town) | 15.7% (±6.4 points) |
Showing 8 of 10 places in Lamoille County, ranked from highest to lowest.
The figures for Morristown include the places inside it that have pages of their own: Morrisville.
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
How many renters are there in Morristown?
Morristown has an estimated 1,062 (±252) renting households, 35.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Morristown?
In Morristown, the share of households that rent went from 31.2% in 2015–2019 to 35.0% in 2020–2024 (+3.8 percentage points), not a measurable change.
How big are renting households in Morristown?
A renting household in Morristown has 1.5 people on average, against 2.0 in an owned home.
How much do renters earn in Morristown?
The median renting household in Morristown, VT has an income of $50,630 (±$5,942) a year, against $77,083 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morristown town, Lamoille County, Vermont
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Morristown town, Lamoille County, Vermont
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Morristown town, Lamoille County, Vermont
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Morristown town, Lamoille County, Vermont
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Morristown town, Lamoille County, Vermont
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) for Morristown town, Lamoille County, Vermont (county subdivision:46675, in state:50 county:015).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Morristown at a glance
- Median rent in Morristown
- Rent by bedrooms in Morristown
- Rent burden in Morristown
- Income and affordability in Morristown
- Home values in Morristown
- Homeowner costs in Morristown
- Property taxes in Morristown
- Types of homes in Morristown
- Bedrooms in Morristown
- Age of homes in Morristown
- Heating fuel in Morristown
- Commute and cars in Morristown
- Crime reported to police in Morristown
- Population growth in Morristown
- How long people stay in Morristown
- Crowding and facilities in Morristown
- Vermont landlord and tenant rules
- Housing across Lamoille County
- Vermont places ranked by share of renters
- Housing data for every place in Vermont