Morristown Tennessee Household Income
The Census ACS 1-year survey reports that the median household income for the Morristown Tennessee metro area was $43,213 in 2021, the latest figures available. Morristown median household income is $16,482 lower than the median Tennessee household income and $26,504 less than the US median household income. 2022 metro income data (including Morristown median household income) will be released in September of 2023. Median family and per capita income for Morristown are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Morristown Tennessee
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Tennessee | $59,695 | -1.47% | +5.63% |
| Morristown | $43,213 | -8.80% | -15.57% |
Trends in Morristown, TN Real Median Household Income since 2005
The current median household income for Morristown is $43,213. Real median household income peaked in 2018 at $51,185 and is now $7,972 (15.57%) lower.
Real Median Household Income: Morristown, Tennessee, National
Historical Inflation Adjusted Median Household Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2021 | $69,717 | $59,695 | $43,213 |
| 2020 | $70,877 | $60,586 | $47,384 |
| 2019 | $69,638 | $59,421 | $50,154 |
| 2018 | $66,828 | $56,511 | $51,185 |
| 2017 | $66,687 | $56,744 | $49,560 |
| 2016 | $65,052 | $54,811 | $50,070 |
| 2015 | $63,784 | $54,063 | $45,790 |
| 2014 | $61,468 | $50,819 | $44,153 |
| 2013 | $60,869 | $51,604 | $47,713 |
| 2012 | $60,732 | $50,556 | $45,086 |
| 2011 | $60,969 | $50,334 | $42,287 |
| 2009 | $63,573 | $52,818 | $44,490 |
| 2007 | $66,465 | $55,497 | $48,437 |
| 2005 | $64,310 | $54,063 | $50,702 |
Morristown Family Income
The ACS 1-year data shows the median family income for Morristown was $57,781 in 2021. Compared to the median Tennessee family income, Morristown median family income is $16,928 lower. As with the median household income data, 2022 family income data for Morristown will be released in September of 2023.
Real Median Family Income for Morristown Tennessee
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Tennessee | $74,709 | -1.35% | +5.46% |
| Morristown | $57,781 | -9.05% | -12.23% |
Trends in Morristown, TN Real Median Family Income since 2005
The current median family income for Morristown is $57,781. Real median family income peaked in 2019 at $67,411 and is now $9,630 (14.29%) lower.
Real Median Family Income: Morristown, Tennessee, National
Historical Inflation Adjusted Median Family Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2021 | $85,806 | $74,709 | $57,781 |
| 2020 | $87,269 | $75,730 | $63,530 |
| 2019 | $85,780 | $74,175 | $67,411 |
| 2018 | $82,434 | $70,841 | $65,833 |
| 2017 | $81,669 | $69,550 | $57,668 |
| 2016 | $80,231 | $68,486 | $61,447 |
| 2015 | $78,061 | $66,134 | $55,201 |
| 2014 | $75,505 | $63,645 | $54,647 |
| 2013 | $74,593 | $63,713 | $58,459 |
| 2012 | $73,920 | $63,062 | $53,099 |
| 2011 | $74,192 | $63,107 | $53,665 |
| 2009 | $77,322 | $64,995 | $57,689 |
| 2007 | $80,131 | $68,044 | $59,069 |
| 2005 | $77,647 | $66,686 | $61,041 |
Morristown Per Capita Income
The ACS 1-year survey shows the per capita income for Morristown was $25,041 in 2021. Compared to the median Tennessee per capita income, Morristown median per capita income is $8,863 lower. As with the median household and median family income numbers above, 2022 per capita income data for Morristown will be released in September of 2023.
Real Per Capita Income for Morristown Tennessee
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Tennessee | $33,904 | -0.53% | +7.30% |
| Morristown | $25,041 | -7.96% | -3.53% |
Trends in Morristown, TN Real Per Capita Income since 2005
The current per capita income for Morristown is $25,041. Real per capita income peaked in 2019 at $28,558 and is now $3,517 (12.32%) lower.
Real Per Capita Income: Morristown, Tennessee, National
Historical Real Per Capita Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2021 | $38,332 | $33,904 | $25,041 |
| 2020 | $38,730 | $34,085 | $27,208 |
| 2019 | $37,803 | $33,090 | $28,558 |
| 2018 | $36,503 | $31,596 | $25,956 |
| 2017 | $35,807 | $31,792 | $25,517 |
| 2016 | $35,145 | $30,582 | $24,983 |
| 2015 | $34,284 | $29,980 | $23,683 |
| 2014 | $33,094 | $28,550 | $24,075 |
| 2013 | $32,833 | $28,749 | $23,828 |
| 2012 | $32,297 | $28,009 | $22,878 |
| 2011 | $32,243 | $28,153 | $23,805 |
| 2009 | $33,430 | $28,735 | $24,444 |
| 2007 | $34,959 | $30,676 | $25,727 |
| 2005 | $34,817 | $30,721 | $26,128 |
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