Morristown, IN
1,134Residents
$53,250Median household income
$902/moMedian gross rent
$162,000Median home value
41.8Median age
16%Adults with a bachelor’s degree or higher
70%Homes lived in by their owners
3.0×Home value to household income
Median rent takes about 20% of the median household income in Morristown.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $36,000 a year. In Indiana that leaves roughly $2,502 a month after tax. See the full paycheck breakdown for $35,000.
Largest places in Indiana
All cities in Indiana · Highest-paying jobs in Indiana
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.