2025 Compare Cities Economy:
Morristown, NJ vs Coral Gables, FL

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Highlights
- Household income in Coral Gables, is 1% more than it is in Morristown and is 39% above the National Average.
- Morristown unemployment rate is 6.2%.
- Coral Gables unemployment rate is 5.2%.
 Morristown, NJCoral Gables, FLUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth23.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$62,895  Unlock$37,638
 Household Income  Unlock$113,623$69,021
 Family Median Income$123,795  Unlock$85,028
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 Est. Households By Income
 Morristown, NJCoral Gables, FLUnited States
 Income Less Than 15K  Unlock7.9%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock4.8%8.1%
 Income between 30K and 40K4.0%  Unlock8.0%
 Income between 40K and 50K  Unlock4.5%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock7.0%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock15.9%16.3%
 Income between 150K and 200K15.6%  Unlock7.8%
 Income greater than 200K  Unlock27.6%9.5%
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 Population By Occupation
 Morristown, NJCoral Gables, FLUnited States
 Management, business, finance29.8%  Unlock16.4%
 Engineering, computers, science  Unlock5.3%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock6.8%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.4%2.0%
 Healthcare practitioners and technology6.9%  Unlock6.2%
 Healthcare support  Unlock0.5%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance6.4%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support16.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock3.9%13.1%
Reviews for Morristown    3 Reviews

Over 11 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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Hello all, I am new here was asked to comment on my area of the planet where I have lived for the last 12 years. Morristown is the county seat of Morris County. The  More

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Over 17 years ago

Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and  More

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Reviews for Coral Gables    7 Reviews

Over 9 years ago

Housing is too  More

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I have lived in Florida, specifically, in Miami-Dade for about 18 years. Having found a glass ceiling up north due to my handicapping name (Guillermo, it could have been  More

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As Coral Gables City Founder George Merrick formulated the initial elements of his dream city in the 1920's , he identified spacious park and open space locations,  More

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