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Last Updated: 08/09/2022


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All About

Living In Morristown, NJ

The small city of Morristown, New Jersey is home to just under 19,000 residents. It's a great place to settle into adulthood, as young professionals make up a higher percentage of the population here (23%) than nationally (15%). Overall, the city's residents, at an average age of just over 38, are younger than most cities in New Jersey. Homeowners tend to be in the minority in Morristown, and 63% of residents are renters despite an average rent of $1,584/month, considerably higher than the state average of $1,272.

Many Morristown residents work in one of five industries: healthcare, entertainment, scientific, manufacturing, and education. Combined, these industries make up 38% of the city's workforce. Meanwhile, looking at job function, 14% of the city's population works in management, which ranks as the top field in the city. With an average annual income of nearly $104,000, Morristown workers take home around $18,000 more than their peers elsewhere in the state. The city's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Morristown has a high percentage of residents older than 25 with advanced degrees, as 13% have earned a Master's degree or a Doctoral degree. Further, 21% possess a Bachelor's degree, which also outpaces the national average.

Morristown residents have an average commute of about 26 minutes, faster than the state average of about 34 minutes. Driving a car or truck is the prevailing means of commuting to work, opted for by 51% of commuters, while public transit isn't widely used. Not many residents (6%) walk to work, though the number far surpasses the national average.

Frequently Asked Questions About Morristown

What is the average rent in Morristown?

The average rent of a studio apartment in Morristown is $1,750 per month. For a one-bedroom apartment it's $2,357 per month. For a two-bedroom apartment the average rent is $3,400 per month.

What is the average cost of rent for a one-bedroom in Morristown?

The average rent of a one-bedroom apartment in Morristown is $2,357

Are there any cheap apartments for rent in Morristown?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $2000

Are there any pet friendly apartments in Morristown?

Apply Apartment Guide's pet friendly filter to see only Morristown apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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