Economy & Jobs — Morristown, New Jersey
Income & Employment
| Median Household Income (Census) | $121,340 |
|---|
| Estimated 2026 | ~$131,500 |
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| Per Capita Income | $66,773 |
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| Poverty Rate | 7.8% |
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| Unemployment Rate | 5.3% |
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| In Labor Force | 13,115 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 21.8% |
| Professional | 19.2% |
| Manufacturing | 15.2% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 507 |
| Law Offices | 421 |
| Fast Food | 413 |
| Physician Offices | 397 |
| Dental Offices | 340 |
| Insurance Agencies | 252 |
| Beauty Salons | 234 |
| Real Estate Offices | 213 |
| Auto Repair | 175 |
| Accounting Firms | 165 |
| Coffee Shops | 164 |
| Child Day Care | 156 |
| Commercial Banks | 154 |
| Fitness Centers | 130 |
| Liquor Stores | 100 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
