Morristown, a city located in the state of New Jersey (NJ), is home to a population of approximately 20,126 people. Morristown boasts a median age of 33.9, with around 18.9% of its residents aged 60 or above. 1.8% of the population identifies as US Veterans. 7.8% of Morristown residents are disabled. The city has an average household income of $113,926, while the unemployment rate stands at 4.7%, and around 11.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Morristown is $533,943, with a monthly rent averaging $2,147.