HomeTennesseeHamblen CountyMorristown
Morristown, Tennessee: commercial real estate data.
Morristown is a Census city of 31,527 people across 27.90 square miles of land, in Hamblen County. Median household income is $47,917, 54.9 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $12.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Morristown
What Morristown is
- Census place typecity
- Land area27.9 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,130
- County holding the largest share of its areaHamblen County, 98.6 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morristown
How many people live in Morristown
- Population31,527
- Median age36.3
- Population under 188,337
- Share under 1826.4 percent
- Population 65 and over5,184
- Share 65 and over16.4 percent
- Households12,282
- Family households7,474
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morristown
Income and work in Morristown
- Median household income$47,917
- Per capita income$26,504
- Civilian labor force13,808
- Employed12,828
- Unemployed980 plus or minus 357
- Unemployment rate7.1 percent plus or minus 2.6
- Adults 25 and over20,259
- Adults 25 and over with a high school diploma or higher85.3 percent
- Adults 25 and over with a bachelor degree or higher15.0 percent
- Adults 25 and over with a graduate degree6.8 percent plus or minus 1.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morristown
Housing in Morristown
- Housing units13,559
- Occupied units12,282
- Vacant units1,277 plus or minus 289
- Vacancy rate9.4 percent plus or minus 2.1
- Owner occupied6,745
- Renter occupied5,537
- Ownership rate54.9 percent
- Median owner-occupied home value$181,100
- Median gross rent, monthly$882
- Annual rent as a share of median income22.1 percent
- Single family units8,720
- Share single family64.3 percent
- Units in buildings of two or more4,024
- Share in buildings of two or more29.7 percent
- Mobile homes815 plus or minus 278
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morristown
How Morristown gets to work
- Workers 16 and over who commute12,325
- Commuting under 15 minutes5,300
- Share commuting under 15 minutes43.0 percent
- Commuting 30 minutes or more2,839 plus or minus 585
- Share commuting 30 minutes or more23.0 percent
- Drove alone84.3 percent
- Carpooled8.3 percent plus or minus 3.5
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.2
- Worked from home3.3 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morristown
SBA loans in Morristown (7(a))
- Approvals20
- Gross approval$12,297,500
- Average approval$614,875
- Median approval$196,500
- Ninetieth percentile approval$1,426,000
- Largest approval$4,100,000
- Jobs supported140
- Jobs per approval7.0
- Loans with a final outcome3
- Paid in full2
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more10.0 percent
- Share to franchises5.0 percent
- Distinct lenders12
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Morristown, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morristown
SBA loans in Morristown (504)
- Approvals4
- Gross approval$4,505,000
- Average approval$1,126,250
- Median approval$958,500
- Largest approval$2,375,000
- Jobs supported156
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Morristown, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morristown
Flood risk in Morristown
- NFIP communityCity of Morristown
- NFIP community number470070
- Participating in the NFIPYes
- Community Rating System classClass 10
- Currently effective map date07/03/06
The City of Morristown participates in the National Flood Insurance Program as community 470070 and carries Community Rating System class 10, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hamblen County, not Morristown
Hamblen County context, not Morristown figures
- Establishments in Hamblen County1,339
- Covered employment, Hamblen County33,531
- Average annual pay, Hamblen County$50,942
- Housing units permitted, Hamblen County298
Every figure in this section is published for Hamblen County as a whole and is not a measurement of Morristown.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Morristown questions, answered from the record.
How many people live in Morristown, Tennessee?
31,527, in 12,282 households. Morristown city covers 27.90 square miles of land, which is 1,130 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Morristown in?
Hamblen County, which holds 98.6 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Morristown?
$47,917. The median owner-occupied home is valued at $181,100. Median gross rent is $882 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Morristown businesses?
20 7(a) approvals totaling $12.3 m since FY2020, across 12 lenders, median approval $196,500, plus 4 504 approvals worth $4.5 m since FY2010. These count approvals to borrowers whose address is in Morristown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Morristown borrowers get paid back?
No rate is published for Morristown. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Morristown in the National Flood Insurance Program?
Yes. Morristown appears in the FEMA Community Status Book as Morristown, city of, community 470070, carrying Community Rating System class 10, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Morristown figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hamblen County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Morristown.
Is zoning published for Morristown?
No. Nothing on this page presents parcel level zoning.