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ZipNumbers

Tennessee · Census place 50220

Morrison town, TN

Quick answer

Morrison town has 810 residents, ranking #325 of 504 places in Tennessee. Median household income is $34,236, the median home is worth $160,700 and median gross rent runs $627 a month.

Population
810Morrison town residents
Median household income
$34,236Past 12 months, inflation adjusted
Median home value
$160,700Owner-occupied units
Median gross rent
$627Rent plus utilities, monthly
Median age
32.2 yrsAll residents
Homeownership rate
42.5%Owner-occupied households

What the numbers mean in Morrison town

Housing cost measured against local earnings.

A household earning the Morrison town median would spend about 22% 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 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 47.2% of residents and 42.5% 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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