Morristown, IN Overview

Nestled in northern Shelby County approximately 20 miles southeast of Indianapolis, Morristown is a small town committed to attracting quality growth.  Ideally located along U.S. 52 near three major interstates, the community is well positioned for residential, commercial and industrial expansion.  Planners are determined to preserve the town's quaint atmosphere, rural heritage and historic structures while providing a progressive atmosphere and modern infrastructure.  Landmarks like today's extremely popular Kopper Kettle restaurant date back to the 1800s.  Morristown's village character has remained stable over the decades, offering a town where friends still meet for morning coffee. Recently, new businesses are creating a favorable tax base and local employment opportunities.  Other highlights of the town include the excellent Morristown public school system that includes access to vocational programs, a regional reputation for fine dining, and rural congeniality.

Summary

Population Growth (since 2000) -3%
Population Density (ppl / mile) 494.00
Household Size (ppl) 2.439
Households w/ Children 20%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 33%
Median Year in Residency 3.65

Housing Inventory

Morristown, IN Housing Inventory 331 47 149 331 47

Market Overview

10 listings with an estimated median price of $384,900

Price Count
$100K - 200K 2
$200K - 300K 2
$300K - 400K 1
$400K - 500K 2
$500K - 600K 1
$600K - 700K 2
Property Type Count
Single Family 7
Lots and Land 3

(Data as of 9/23/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Morristown, IN Population Demographics

Total: 1,237

Households:480

Median Age: 37.65

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Morristown, IN Temperature

Weather Risk

Morristown, IN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Morristown, IN Education Climate Index

Highest Education Level Attained

Morristown, IN Highest Education Level Attained 424 50 34 30 77 72 133 424 50 34 30 77

Employment and Finance

Workforce

Morristown, IN Workforce

Income by dollar range (Median Income: $44,224)

Morristown, IN Income by dollar range 24 39 28 11 22 30 44 49 24 55 42 66 26 10 8 0 0 0

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$594
One Bedroom
$689
Two Bedroom
$850
Three Bedroom
$1,140
Four Bedroom
$1,298

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Morristown, IN Crime

Start Searching Now!

Start your search for homes within Morristown, IN today.

Property Details
$ ,000
$ ,000
Property Types









Request More Information

Please fill out the following information and one of our agents will get back to you.