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Morristown, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,265
Population
$83,059
Median Income
$184,800
Home Value
36.7
Median Age

Demographics

Morristown has a population of 1,265 with a median age of 36.7. Here is the racial and ethnic breakdown of the population:

White
87.8%
Hispanic
10.9%
Asian
6.0%
Demographic Value
Total Population1,265
Median Age36.7
White87.8%
Asian6.0%
Hispanic or Latino10.9%
Morristown, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 105.White: 83.9%Hispanic/Latino: 10.4%Asian: 5.7%1,265PopulationWhiteWhite83.9%Hispanic/LatinoHispanic/Latino10.4%AsianAsian5.7%

Income & Economy

The median household income in Morristown is $83,059, which is 3.0% above the national median of $80,610. The per capita income is $41,252. The poverty rate is 15.1%.

$83,059
Median Household Income
$41,252
Per Capita Income
15.1%
Poverty Rate

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Education

In Morristown, 88.5% of residents age 25+ have a high school diploma or higher, and 11.7% hold a bachelor's degree or higher (1.3% with a graduate or professional degree).

HS Diploma+
88.5%
Bachelor's+
11.7%
Graduate+
1.3%
Education Level % of Adults (25+)
High School Diploma or Higher88.5%
Bachelor's Degree or Higher11.7%
Graduate or Professional Degree1.3%

Housing

The median home value in Morristown is $184,800, below the national median of $303,400. The median monthly rent is $1,018. The homeownership rate is 76.7%.

$184,800
Median Home Value
$1,018/mo
Median Rent
76.7%
Homeownership Rate
Housing Metric Value
Median Home Value$184,800
Median Monthly Rent$1,018
Homeownership Rate76.7%
Vacancy Rate8.8%

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Frequently Asked Questions

What is the population of Morristown, Minnesota?
The population of Morristown, Minnesota is 1,265 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Morristown, Minnesota?
The median household income in Morristown, Minnesota is $83,059. This is 3.0% above the national median of $80,610.
What is the median home value in Morristown, Minnesota?
The median home value in Morristown, Minnesota is $184,800. The median monthly rent is $1,018.
What percentage of people in Morristown have a college degree?
In Morristown, Minnesota, 11.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.5% have a high school diploma or higher.
Is Morristown, Minnesota an affordable place to live?
The home price-to-income ratio in Morristown, Minnesota is 2.2x (median home value $184,800 vs. median income $83,059), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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