Morristown is a small town of 1,083 in Indiana, with a median household income of $49,702
and a 1.7% unemployment rate.
Its cost of living index is 95 (US average = 100), which is
5% below the national average.
Strengths:
Morristown stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
No major red flags stand out in the available data. Whether Morristown is right for you depends on your priorities — the full breakdown is below.
All Morristown city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.6
Morristown's overall cost of living index is 94.6,
where 100 represents the US national average.
Living in Morristown costs roughly 5% less than the average American city.
Metric
Morristown, IN
National Avg
Median Home Value
$114,500
$244,900
Median Monthly Rent
$948
$1,163
Homeownership Rate
66.3%
65.9%
Median Household Income
$49,702
$74,755
Crime & Safety
Safer than Average
Morristown's violent crime rate is 272.8 per 100,000 residents
— 28% lower than the national average of ~380 per 100,000.
Violent Crime
272.8 /100k
Property Crime
1518.0 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Morristown is served primarily by Shelby Eastern Schools.
The student-to-teacher ratio is 14.4:1
(better than the national average of ~16:1).
Metric
Morristown, IN
National Avg
School District
Shelby Eastern Schools
—
Elementary Schools
2
—
Middle Schools
N/A
—
High Schools
2
—
Student/Teacher Ratio
14.4:1
16:1
Bachelor's Degree or Higher
11.8%
35.4%
High School Diploma or Higher
80.8%
91.1%
Weather & Climate
Morristown sees average highs of 34.8°F in January
and 84.3°F in July,
with 44.9 inches of annual precipitation
and 19.9 inches of snow per year.
Morristown's cost of living index is 95, where 100 is the national average.
That makes Morristown roughly 5% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $114,500 and median rent is $948/month.
Morristown's violent crime rate is 272.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1518.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Morristown are operated by Shelby Eastern Schools.
The district has 2 elementary, several middle, and 2 high schools.
The student-to-teacher ratio is 14.4:1. 11.8% of adults 25+ hold a bachelor's degree or higher.
Morristown, IN has a population of 1,083, a median household income of $49,702, and an unemployment rate of 1.7%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Morristown averages 34.8°F in January and 84.3°F in July. Annual rainfall is 44.9 inches
with about 19.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Morristown, IN is covered by 1 ZIP code: 46161.
The population of Morristown, Indiana is 1,083 with a median age of 40.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Morristown: cost of living index 95 (100 = US average), median home $114,500, median household income $49,702, crime index 72 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Morristown side by side with your current city to see the trade-offs.