Morristown Tennessee Household Income
The Census ACS 1-year survey reports that the median household income for the Morristown Tennessee metro area was $44,348 in 2016, the latest figures available. Morristown median household income is $4,199 lower than the median Tennessee household income and $13,269 less than the US median household income. 2017 metro income data (including Morristown median household income) will be released in September of 2018. Median family and per capita income for Morristown are shown below.
Real Median Household Income for Morristown Tennessee
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $57,617 | +2.01% | +7.02% |
| Tennessee | $48,547 | +1.41% | +6.36% |
| Morristown | $44,348 | +9.37% | +5.09% |
Trends in Morristown, TN Real Median Household Income since 2005
The current median household income for Morristown is $44,348. Real median household income peaked in 2005 at $44,806 and is now $458 (1.02%) lower. From a post peak low of $37,369 in 2011, real median household income for Morristown has now grown by $6,979 (18.68%).
Real Median Household Income: Morristown, Tennessee, National
Historical Inflation Adjusted Median Household Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2016 | $57,617 | $48,547 | $44,348 |
| 2015 | $56,480 | $47,872 | $40,547 |
| 2014 | $54,398 | $44,974 | $39,074 |
| 2013 | $53,838 | $45,644 | $42,202 |
| 2012 | $53,701 | $44,704 | $39,867 |
| 2011 | $53,879 | $44,481 | $37,369 |
| 2010 | $55,093 | $45,642 | $40,803 |
| 2009 | $56,180 | $46,676 | $39,316 |
| 2008 | $58,000 | $48,619 | $41,445 |
| 2007 | $58,736 | $49,043 | $42,804 |
| 2006 | $57,677 | $47,991 | $43,481 |
| 2005 | $56,832 | $47,776 | $44,806 |
Morristown Family Income
The ACS 1-year data shows the median family income for Morristown was $54,424 in 2016. Compared to the median Tennessee family income, Morristown median family income is $6,235 lower. As with the median household income data, 2017 family income data for Morristown will be released in September of 2018.
Real Median Family Income for Morristown Tennessee
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $71,062 | +2.81% | +7.71% |
| Tennessee | $60,659 | +3.58% | +7.64% |
| Morristown | $54,424 | +11.34% | +5.25% |
Trends in Morristown, TN Real Median Family Income since 2005
At $54,424, the median family income for Morristown was at a new inflation adjusted high in 2016.
Real Median Family Income: Morristown, Tennessee, National
Historical Inflation Adjusted Median Family Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2016 | $71,062 | $60,659 | $54,424 |
| 2015 | $69,122 | $58,561 | $48,880 |
| 2014 | $66,820 | $56,324 | $48,362 |
| 2013 | $65,977 | $56,354 | $51,707 |
| 2012 | $65,363 | $55,761 | $46,952 |
| 2011 | $65,564 | $55,768 | $47,424 |
| 2010 | $66,721 | $56,234 | $48,873 |
| 2009 | $68,329 | $57,436 | $50,980 |
| 2008 | $70,638 | $59,973 | $51,658 |
| 2007 | $70,813 | $60,131 | $52,200 |
| 2006 | $69,670 | $59,287 | $52,208 |
| 2005 | $68,618 | $58,931 | $53,942 |
Morristown Per Capita Income
The ACS 1-year survey shows the per capita income for Morristown was $22,128 in 2016. Compared to the median Tennessee per capita income, Morristown median per capita income is $4,959 lower. As with the median household and median family income numbers above, 2017 per capita income data for Morristown will be released in September of 2018.
Real Per Capita Income for Morristown Tennessee
| 2016 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $31,128 | +2.54% | +7.19% |
| Tennessee | $27,087 | +2.03% | +6.52% |
| Morristown | $22,128 | +5.52% | +4.99% |
Trends in Morristown, TN Real Per Capita Income since 2005
The current per capita income for Morristown is $22,128. Real per capita income peaked in 2005 at $23,089 and is now $961 (4.16%) lower. From a post peak low of $20,230 in 2012, real per capita income for Morristown has now grown by $1,898 (9.38%).
Real Per Capita Income: Morristown, Tennessee, National
Historical Real Per Capita Income for Morristown
| Date | US | Tennessee | Morristown |
|---|---|---|---|
| 2016 | $31,128 | $27,087 | $22,128 |
| 2015 | $30,358 | $26,547 | $20,971 |
| 2014 | $29,288 | $25,266 | $21,306 |
| 2013 | $29,041 | $25,428 | $21,076 |
| 2012 | $28,558 | $24,767 | $20,230 |
| 2011 | $28,494 | $24,879 | $21,036 |
| 2010 | $28,687 | $24,728 | $21,175 |
| 2009 | $29,542 | $25,393 | $21,601 |
| 2008 | $30,755 | $26,937 | $21,014 |
| 2007 | $30,894 | $27,108 | $22,735 |
| 2006 | $30,078 | $26,277 | $22,815 |
| 2005 | $30,768 | $27,149 | $23,089 |
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