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Morristown town, NJ
ZIP 07960 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Morristown town, NJ (07960)
Median Income
$149,462
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,972
Wealth inflow
Population
46,178
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 2,972 for ZIP 07960 (Morristown town, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 07960 (2020–Present)
Since 2020, population grew 2.6%, median income fell 6.8% (inflation-adjusted), home values decreased 2.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $149,462 |
| Unemployment | 5.0% |
| Establishments | 1,713 |
| Employees | 39,939 |