Indiana · Census place 51192
Morristown town, IN
Quick answer
Morristown town has 996 residents, ranking #357 of 976 places in Indiana. Median household income is $47,850, the median home is worth $137,500 and median gross rent runs $910 a month.
- Population
- 996Morristown town residents
- Median household income
- $47,850Past 12 months, inflation adjusted
- Median home value
- $137,500Owner-occupied units
- Median gross rent
- $910Rent plus utilities, monthly
- Median age
- 42.3 yrsAll residents
- Homeownership rate
- 67.2%Owner-occupied households
What the numbers mean in Morristown town
Housing cost measured against local earnings.
A household earning the Morristown town median would spend about 22.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 67.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- St. Leon town 1,012
- Lynnville town 1,011
- Waverly CDP 1,006
- Kirklin town 994
- Lynn town 994
- Medora town 993
- Painted Hills CDP 983
Keep going
More Indiana coverage.