Most Expensive Morristown Neighborhoods
Morristown is a medium-sized town located in the state of New Jersey. With a population of 19,085 people and ten constituent neighborhoods, Morristown is the 104th largest community in New Jersey. Morristown has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.
Housing costs in Morristown are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Morristown is a decidedly white-collar town, with fully 87.89% of the workforce employed in white-collar jobs, well above the national average. Overall, Morristown is a town of service providers, professionals and managers. There are especially a lot of people living in Morristown who work in management occupations (12.96%), maintenance occupations (9.99%) and food service (9.72%).
Also of interest is that Morristown has more people living here who work in computers and math than 95% of the places in the US.
Morristown, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the town.
In addition to being popular with young singles, Morristown is also home to many people who can be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Despite being a small town, Morristown has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
The citizens of Morristown are among the most well-educated in the nation: 46.30% of adults in Morristown have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Morristown in 2010 was $43,423, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $173,692 for a family of four. However, Morristown contains both very wealthy and poor people as well.
Morristown is a very ethnically-diverse town. The people who call Morristown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Morristown residents report their race to be White, followed by Black or African-American. Morristown also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.51% of the town’s residents. Important ancestries of people in Morristown include Irish, Italian, German, English, Polish and French.
In addition, Morristown has a lot of people living here who were born outside of the US (33.97%).
The most common language spoken in Morristown is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||7,841|
|MORRISTOWN HOME OWNERSHIP|
|% OWNER OCCUPIED||38.10%|
|% RENTER OCCUPIED||61.90%|
|TYPE OF MORRISTOWN HOMES|
|SINGLE FAMILY DETACHED||25.03%|
|ROWHOUSES AND ATTACHED HOMES||8.27%|
|SMALL APARTMENT BUILDINGS||23.97%|
|COMPLEXES OR HIGH RISE APARTMENTS||42.73%|
|SIZE OF MORRISTOWN HOMES|
|5 OR MORE BEDROOMS||2.60%|
|AGE OF MORRISTOWN HOMES|
|NEWER HOMES (2000 OR LATER)||10.05%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||26.66%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||31.45%|
|HISTORIC (1939 OR BEFORE)||31.83%|
|MORRISTOWN REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$396,203|
|MEDIAN RENTAL PRICE||$1,747|
|HOME VALUE RANGE|
|$0 - $52,000||1.82%|
|$52,001 - $104,000||0.72%|
|$104,001 - $207,000||3.18%|
|$207,001 - $311,000||11.11%|
|$311,001 - $414,000||33.55%|
|$414,001 - $518,000||26.79%|
|$518,001 - $777,000||16.14%|
|$777,001 - $1,036,000||4.39%|
|PEOPLE OF MORRISTOWN||DETAILS|
|UNDER 5 YEARS||3.96%|
|5 TO 17||12.80%|
|18 TO 24||8.64%|
|25 TO 34||20.71%|
|35 TO 54||31.10%|
|55 TO 64||9.51%|
|65 YEARS AND OVER||13.28%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||86.44%|
|MEDIAN HOUSEHOLD INCOME||$75,696|
|PER CAPITA INCOME||$43,423|
|INDIVIDUALS BELOW POVERTY LEVEL||12.14%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (13.40%)
Professional, scientific, and technical services (8.45%)
Information Technology (3.95%)
Public Service (3.80%)
|BLACK OR AFRICAN AMERICAN||12.88%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||6.33%|
|TWO OR MORE RACES||1.53%|
|HISPANIC OR LATINO (OF ANY RACE)||32.51%|
|ETHNICITIES PRESENT||Irish (14.04%)
|LANGUAGES SPOKEN||English (59.36%)
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