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Morristown Tennessee Real Estate By Jennifer Hershey

Morristown Tennessee Real Estate

Morristown, Tennessee, is located in Hamblen County, 40 miles NE of Knoxville, Tennessee and 155 miles NW of Charlotte, North Carolina. Morristown has a population of 24,965.

Morristown Homes

Morristown properties pool is 10,311 residential properties including Morristown new homes. Median age of real estate in Morristown is 1969. Average Household size is 2.91 people. 1% are one bedroom homes, 24% are 2 bedroom homes, 56% are 3 bedroom homes, 14% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Morristown Mortgage Statistics

Morristown mortgages vs. USA median statistics

Homes Morristown USA
Homes With No Mortgage 46%
30%
Homes With Mortgage 54%
70%
First Mortgage Only 45%
54%
First & Second Mortgage or HELOC 9%
16%

Morristown Area Real Estate Tax

Morristown Real estate Tax: Median Real Estate Taxes (2000) were $476 comparing to 1999 Median Family income $ 33,391. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Morristown School District: Children make up 22.6% of Morristown population. Morristown has 5,643 under 18 years old residents, or 0.51 kids per one worker, or 0.55 kids per one household.

Morristown Real Estate & Morristown Homeownership

There are 3196.41 or 31% one person households, 3505.74 or 34% two person households, and 1649.76 or 16% three person households in Morristown, Tennessee. Median residents age is 36.1, Senior citizens (65+) make up 4,049 or 16.2%% of Morristown population.

There are 10,962 workers (over 16 years of age) in Morristown. Of these, 97.45% drive to work. Approximately 0.34% of workers in Morristown take public transportation. An estimated 0.99% walk to work.

Median Morristown homeowner's housing expences are 16.4%

Crime in Morristown (2003), crimes per 10,000 residents per year

Type of Crime Morristown USA, 2003
Violent Crimes
72.5
47.5
Robberies
11.22
14.2
Aggravated Assaults
54.48
29.5
Property Crimes
750.65
358.8
Burglaries
82.52
74.0
Larceny-Thefts
605.25
241.5
Motor Vehicle Thefts
62.89
43.3

Invest in Morristown Properties

When making a decision about buying real estate in Morristown Tennessee area, you should consider following statistical data:

Category Morristown USA
Near Medium City
Knoxville, Tennessee
-
Near Large City
Charlotte, North Carolina
-
Morristown Zip Codes
37813, 37814
-
Morristown Area Codes
423
-
White population
83.73%
75.1%
African-American population
7.49%
12.3%
Asian
0.68%
3.6%
American Indian & Alaskan
0.3%
0.9%
Hispanic (of any race)
10.43%
12.5%
Median Family Income (1999)
$ 33,391%
$42,000
Population Below Poverty Level
18.93%
12.4%

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See Also:

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