Morristown, Tennessee Housing

Morristown, Tennessee has a population of 30,653, with a median household income of $48,733.

Current housing data for Morristown.

$219,700

👥

Population

30,653

💰

Median Income

$48,733

📉

Unemployment

4.70%

🏠

Housing Price

$219,700

🚨

Crime Rate

28.10

🌐

Internet Speed

121.40 Mbps

Morristown is a smaller urban community located in Tennessee. The city has a population that is above the average city population in Tennessee, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Tennessee, Morristown provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Morristown has a population of 30,653, which is higher than the state average. This indicates a relatively larger urban presence within Tennessee.

Income and Economy

The median household income in Morristown is $48,733, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Morristown average around $219,700, which is relatively high compared to other cities in Tennessee.

Employment and Safety

The unemployment rate in Morristown is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Morristown are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Tennessee, Morristown shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Tennessee, Morristown contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Morristown

What is the population of Morristown?

The population of Morristown is approximately 30,653.

Is Morristown a good place to live?

Morristown offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Morristown?

The median household income in Morristown is around $48,733.

How expensive is housing in Morristown?

The average housing price in Morristown is approximately $219,700.