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2024 Compare Cities Economy:
Nassau, NY vs Morristown, NJ

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Highlights
- Household income in Morristown, is 35% more than it is in Nassau and is 39% above the National Average.
- Nassau unemployment rate is 5.8%.
- Morristown unemployment rate is 6.2%.

Economy
 Nassau, NYMorristown, NJUnited States
 Unemployment Rate5.8%6.2%6.0%
 Recent Job Growth0.5%-0.7%1.6%
 Future Job Growth26.0%23.5%33.5%
 Sales Taxes8.0%6.6%6.2%
 Income Taxes6.2%5.5%4.6%
 Income per Cap.$41,211$62,895$37,638
 Household Income$83,214$112,570$69,021
 Family Median Income$98,693$123,795$85,028
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 Est. Households By Income
 Nassau, NYMorristown, NJUnited States
 Income Less Than 15K3.7%8.4%9.4%
 Income between 15K and 20K3.2%2.3%3.8%
 Income between 20K and 30K6.4%2.6%8.1%
 Income between 30K and 40K7.6%4.0%8.0%
 Income between 40K and 50K6.8%2.2%7.6%
 Income between 50K and 60K4.1%5.6%7.2%
 Income between 60K and 75K12.0%6.5%9.6%
 Income between 75K and 100K17.0%14.1%12.8%
 Income between 100K and 150K19.5%17.3%16.3%
 Income between 150K and 200K11.9%15.6%7.8%
 Income greater than 200K7.9%21.3%9.5%
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 Population By Occupation
 Nassau, NYMorristown, NJUnited States
 Management, business, finance14.8%29.8%16.4%
 Engineering, computers, science12.3%9.4%6.5%
 Community, social services0.8%0.5%1.8%
 Legal1.4%1.2%1.2%
 Education, library6.7%6.6%6.2%
 Arts, design, media, sports, entertainment0.8%2.2%2.0%
 Healthcare practitioners and technology4.0%6.9%6.2%
 Healthcare support1.1%2.5%3.3%
 Firefighters, law enforcement0.7%0.7%2.1%
 Food preparation, serving3.8%3.7%5.4%
 Building maintenance7.2%6.4%3.6%
 Personal care3.7%1.4%2.6%
 Sales, office, administrative support18.3%16.6%20.9%
 Farming, fishing, forestry0.4%0.0%0.6%
 Construction, extraction, maintenance/repair12.5%4.6%8.1%
 Production, transportation, material moving11.6%7.5%13.1%

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Reviews for Morristown    3 Reviews

Over 10 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 16 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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