2025 Compare Cities Economy:
Morristown, NJ vs Rio Rancho, NM

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Highlights
- Household income in Rio Rancho, is 37% less than it is in Morristown and is 2% above the National Average.
- Morristown unemployment rate is 6.2%.
- Rio Rancho unemployment rate is 7.6%.
 Morristown, NJRio Rancho, NMUnited States
 Unemployment Rate  Unlock7.6%6.0%
 Recent Job Growth  Unlock3.4%1.6%
 Future Job Growth23.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$62,895  Unlock$37,638
 Household Income  Unlock$70,615$69,021
 Family Median Income$123,795  Unlock$85,028
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 Est. Households By Income
 Morristown, NJRio Rancho, NMUnited States
 Income Less Than 15K  Unlock5.5%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock5.9%8.1%
 Income between 30K and 40K4.0%  Unlock8.0%
 Income between 40K and 50K  Unlock10.7%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock12.1%9.6%
 Income between 75K and 100K14.1%  Unlock12.8%
 Income between 100K and 150K  Unlock19.3%16.3%
 Income between 150K and 200K15.6%  Unlock7.8%
 Income greater than 200K  Unlock5.0%9.5%
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 Population By Occupation
 Morristown, NJRio Rancho, NMUnited States
 Management, business, finance29.8%  Unlock16.4%
 Engineering, computers, science  Unlock6.7%6.5%
 Community, social services0.5%  Unlock1.8%
 Legal  Unlock1.6%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology6.9%  Unlock6.2%
 Healthcare support  Unlock2.9%3.3%
 Firefighters, law enforcement0.7%  Unlock2.1%
 Food preparation, serving  Unlock4.8%5.4%
 Building maintenance6.4%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support16.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock8.5%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 Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 5 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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