2025 Compare Cities Economy:
Morristown, NJ vs Millburn, NJ

Change Cities
Highlights
- Household income in Millburn, is 122% more than it is in Morristown and is 72% above the National Average.
- Morristown unemployment rate is 6.2%.
- Millburn unemployment rate is 9.6%.
 Morristown, NJMillburn, NJUnited States
 Unemployment Rate  Unlock9.6%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth23.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$62,895  Unlock$37,638
 Household Income  Unlock$250,001$69,021
 Family Median Income$123,795  Unlock$85,028
 space
 Est. Households By Income
 Morristown, NJMillburn, NJUnited States
 Income Less Than 15K  Unlock1.9%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock2.4%8.1%
 Income between 30K and 40K4.0%  Unlock8.0%
 Income between 40K and 50K  Unlock2.0%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock3.7%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock9.5%16.3%
 Income between 150K and 200K15.6%  Unlock7.8%
 Income greater than 200K  Unlock61.5%9.5%
 space1
 Population By Occupation
 Morristown, NJMillburn, NJUnited States
 Management, business, finance29.8%  Unlock16.4%
 Engineering, computers, science  Unlock13.7%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock8.0%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.6%2.0%
 Healthcare practitioners and technology6.9%  Unlock6.2%
 Healthcare support  Unlock0.8%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock0.9%5.4%
 Building maintenance6.4%  Unlock3.6%
 Personal care  Unlock2.0%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  Unlock4.9%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Morristown

Reviews for Millburn    2 Reviews

If you want to kill both your mental health and your wallet at the same time, Millburn is the best place for you. The school system is great as long as your wallet is  More

   |    Reply

Over 17 years ago

The public school system in Millburn is one of its strongest attractions. The school is one of the most competitive public high schools in the nation and is a feeder  More

   |    Reply

Start Your Review of Millburn


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.