Cost of Living in Morristown, VT
Population 5,594 · Vermont · Data vintage 2023
(100 = US avg)
Morristown is a smaller Vermont community of around 6000 residents, where median household incomes of $62,923 and housing costs ($250,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.1% — below most comparable cities in the state.
Geographically, Morristown lies roughly 125 miles northwest of the nearest major metro, Manchester. Median home values run roughly 26% lower than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Morristown
The median home value in Morristown is $250,200 — 18% below the national median of $305,000. Median rent runs $1,176/month, 11% lower than the national median of $1,314/month. The median household income of $62,923/year is 16% lower than the US median of $74,580. The local unemployment rate is 2.1%, below the national average of 4.8%. Vermont's top state income tax rate is 8.8% and the combined sales tax is 6.2%. The climate averages highs of 53.8°F and lows of 31.2°F. Overall, Morristown has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.
Morristown has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 26 | 30 | 39 | 53 | 66 | 74 | 79 | 77 | 70 | 56 | 43 | 32 |
| Low °F | 5 | 6 | 17 | 29 | 40 | 50 | 55 | 53 | 45 | 35 | 25 | 14 |
| Precip" | 2.24 | 1.53 | 1.95 | 2.80 | 3.49 | 3.76 | 4.21 | 3.50 | 3.15 | 3.62 | 2.75 | 2.50 |
Frequently Asked Questions
What is the cost of living in Morristown, VT?
Morristown has a cost index of 85 (100 = national average). It is 15% below the national average.
What is average rent in Morristown, VT?
The median gross rent in Morristown is $1,176 per month based on 2023 Census data.
What is the average home price in Morristown?
The median home value in Morristown is $250,200 according to 2023 Census ACS data.
What is the median income in Morristown?
The median household income in Morristown is $62,923 per year (2023 ACS 5-year estimates).
What is the sales tax in Morristown, VT?
The combined state and local sales tax rate in Morristown is 6.2%. The Vermont state income tax top rate is 8.8%.
Is Morristown, VT affordable?
Yes, Morristown is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.
What is the weather like in Morristown?
Morristown has average high temperatures of 53.8°F and average lows of 31.2°F. Annual precipitation is 35.5". Data from NOAA 1991–2020 Climate Normals.
Morristown at a Glance
- Population
- 5,594
- Median Income
- $62,923
- Home Value
- $250,200
- Median Rent
- $1,176/mo
- Unemployment
- 2.1%
- Avg High Temp
- 53.8°F
- Sales Tax
- 6.2%
Nearby Cities
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Vermont Rankings
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