2025 Compare Cities Economy:
Petersburg, VA vs Morristown, NJ

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Highlights
- Household income in Morristown, is 151% more than it is in Petersburg and is 39% above the National Average.
- Petersburg unemployment rate is 12.9%.
- Morristown unemployment rate is 6.2%.
 Petersburg, VAMorristown, NJUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth26.9%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$26,091  Unlock$37,638
 Household Income  Unlock$112,570$69,021
 Family Median Income$54,356  Unlock$85,028
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 Est. Households By Income
 Petersburg, VAMorristown, NJUnited States
 Income Less Than 15K  Unlock8.4%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock2.6%8.1%
 Income between 30K and 40K10.4%  Unlock8.0%
 Income between 40K and 50K  Unlock2.2%7.6%
 Income between 50K and 60K10.6%  Unlock7.2%
 Income between 60K and 75K  Unlock6.5%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock17.3%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock21.3%9.5%
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 Population By Occupation
 Petersburg, VAMorristown, NJUnited States
 Management, business, finance10.5%  Unlock16.4%
 Engineering, computers, science  Unlock9.4%6.5%
 Community, social services3.7%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology5.1%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock3.7%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support21.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.4%  Unlock8.1%
 Production, transportation, material moving  Unlock7.5%13.1%
Reviews for Petersburg    3 Reviews

Petersburg's crime statistics do not accurately reflect the true picture of our city. Unfortunately, cime is crime, but the lack of the most serious random acts of crime  More

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Though there are people who rent in petersburg who work in nearby richmond, the rental market is not yet prohibitive in richmond. The real value is for those who want  More

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Over 19 years ago

Climate is hot and humid in summer but spring and fall are generally quite nice. Winters are not bad either, it snows occasionally but there is still a lot of sunshine  More

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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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