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ZipNumbers

Minnesota · Census place 44296

Morristown city, MN

Quick answer

Morristown city has 982 residents, ranking #363 of 914 places in Minnesota. Median household income is $74,479, the median home is worth $175,600 and median gross rent runs $1,152 a month.

Population
982Morristown city residents
Median household income
$74,479Past 12 months, inflation adjusted
Median home value
$175,600Owner-occupied units
Median gross rent
$1,152Rent plus utilities, monthly
Median age
41.6 yrsAll residents
Homeownership rate
77.9%Owner-occupied households

What the numbers mean in Morristown city

Housing cost measured against local earnings.

A household earning the Morristown city median would spend about 18.6% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.7% of residents and 77.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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