Income & Economy in Morristown city, TN (37877)
Median Income
$76,191
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+323
Wealth inflow
Population
9,103
Unemployment
1.9%
1.8pp below US avg
IRS migration statistics show a net inflow of about 323 for ZIP 37877 (Morristown city, TN) 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 37877 (2020–Present)
Since 2020, population grew 2.4%, median income fell 1.6% (inflation-adjusted), home values increased 24.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $76,191 |
| Unemployment | 1.9% |
| Establishments | 88 |
| Employees | 477 |