Cost of Living in Morris County, NJ
What does it cost to live in Morris County? Income, housing, and affordability breakdown.
Median Income
$130,808
Median Rent
$1,814/mo
Median Home
$531,800
Affordability
295
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Morris County, New Jersey
Morris County has a median household income of $130,808 with housing costs that represent 33.9% of income for owners and 16.6% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.
The affordability index of 295 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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