Morristown, TN
Population 30,983 · Tennessee
About Morristown, TN
Morristown is a mid-sized city located in Tennessee with a population of 30,983 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,811 per year, which is 40% below the national median of $75,149. The median age of 37.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Morristown features a median home value of $155,700, which is 36% below the national median of $244,900. This positions Morristown in a moderately priced market relative to the rest of the country. Median monthly rent is $855, 26% below the national average of $1,163/month. Of the 13,867 total housing units, 53% are owner-occupied (6,646 units) and 47% are renter-occupied (5,820 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Morristown shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.4%, above the national average of 12.4%. Workers in Morristown have an average one-way commute time of 20.7 minutes.
Education & Demographics
14.7% of Morristown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 17.4% White, 1.4% Hispanic or Latino, 1.4% Black or African American, and 3.7% Asian residents, with 11.9% of the population being foreign-born.
How Morristown Ranks in Tennessee
Cost of Living in Morristown, TN
Compared to national averages, Morristown has a median household income of $44,811 (40% below the national median of $75,149). Home values average $155,700, which is 36% below the national median. Monthly rent at $855 is 26% below the US average of $1,163. Within Tennessee, Morristown's income is 29% below the state average of $62,849, and home values are 27% below the state median of $214,371.
Why Live in Morristown, TN?
Morristown offers affordable housing with a median home value of $155,700, below the US average of $244,900, and rent that’s lower than the national average at $855/month, and short commute times averaging just 20.7 minutes.
Potential considerations include median household income ($44,811) that falls below the national average. However, Morristown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morristown has a population of 30,983 with a median age of 37.5 years. Compare Morristown with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Morristown
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Ridge | 32,088 | $71,000 | $233,500 | Compare |
| Maryville | 32,196 | $79,340 | $310,600 | Compare |
| Bristol | 27,490 | $55,007 | $182,500 | Compare |
| Cookeville | 35,544 | $48,501 | $263,800 | Compare |
| Farragut | 24,309 | $142,402 | $513,100 | Compare |
| Shelbyville | 24,125 | $52,290 | $224,700 | Compare |
| La Vergne | 38,944 | $80,418 | $273,700 | Compare |
| East Ridge | 22,034 | $55,988 | $182,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Morristown With Other Cities
Frequently Asked Questions about Morristown
What is the population of Morristown, TN?
The population of Morristown, TN is 30,983 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Tennessee.
What is the median household income in Morristown?
The median household income in Morristown, TN is $44,811 per year, which is 40% below the national median of $75,149.
What is the median home value in Morristown?
The median home value in Morristown, TN is $155,700, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morristown?
The median monthly rent in Morristown, TN is $855, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Morristown?
The unemployment rate in Morristown, TN is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Morristown, TN a good place to live?
Morristown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 30,983 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Morristown, TN?
14.7% of residents in Morristown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Morristown?
Key cost-of-living indicators for Morristown, TN: median home value is $155,700 (36% below national), median rent is $855/month, and median household income is $44,811. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Morristown?
The poverty rate in Morristown, TN is 25.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Morristown, TN?
Morristown's population is 17.4% White, 1.4% Hispanic or Latino, 1.4% Black or African American, 3.7% Asian, and 4.9% two or more races. 11.9% of residents are foreign-born.