Living in Morrilton, Arkansas

Cost of living, income, home prices, rent and demographics of Morrilton · Census data 2020–2024

Morrilton has 7,080 residents with a median age of 38.4. The median household income is $47,572 (22% lower than the Arkansas median), the median home value is $160,900, the median rent is $717/month.

Morrilton at a glance

Population
7,080
Median age
38.4State: 38.5
Median household income
$47,572State: $60,773
Median home value
$160,900State: $188,000
Median rent
$717/moState: $947
Homeowners
58.4%
Bachelor's degree or higher
19.3%
Average commute
22 min

Is Morrilton a good place to live?

Pros: Home values 14% lower than the state median; an average commute of 22 minutes.

Cons: Median household income 22% lower than the Arkansas median; unemployment of 10.3%; a poverty rate of 25.5%.

The weather is best in April–May and September–October.

Cost of living in Morrilton

Housing is the biggest part of the cost of living. In Morrilton the median home value is $160,900, 52% lower than the U.S. median. Renters pay a median of $717 per month, which is 35.3% of household income. Homeowners with a mortgage pay $1,040 a month in housing costs.

Median home value

Morrilton$160,900
Arkansas$188,000
United States$332,700

Median monthly rent

Morrilton$717
Arkansas$947
United States$1,413

Morrilton median household income

The median household income in Morrilton is $47,572 and the income per person is $22,814. 25.5% of residents live below the poverty line (Arkansas: 16%).

Median household income

Morrilton$47,572
Arkansas$60,773
United States$80,734

Housing in Morrilton: homes for sale and rent

Housing units
3,160
Owner-occupied
58.4%
Renter-occupied
41.6%
Vacant
13.6%Includes seasonal homes
Median year built
1975
Average household size
2.53

Morrilton demographics

Population
7,080
Median age
38.4
Under 18
24.1%
65 and older
19.6%
Households
2,729
Foreign-born
1.6%
Veterans
8.5%Adults 18+

Race and ethnicity

White78%
Hispanic or Latino3.5%
Black12.8%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Morrilton ›

Education in Morrilton

19.3% of adults 25 and older in Morrilton have a bachelor's degree or higher (Arkansas: 25.7%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Morrilton19.3%
Arkansas25.7%
United States35.7%

Jobs and commute in Morrilton

Unemployment rate
10.3%State: 4.9%
Average commute
22 minState: 23 min
Work from home
12.1%
Drive alone
71.7%
Public transit
0%
Walk to work
1.4%
Homes with broadband
83.1%

Morrilton vs nearby towns

TownPopulationMedian incomeHome valueRent
Morrilton7,080$47,572$160,900$717
Oppelo1,118$65,521$118,900$787
Plumerville1,128$42,552$122,000$719
Perry356$41,354$73,300$788
Houston299$45,625$85,000$882
Menifee409$64,315$123,600—
Perryville1,390$57,400$133,600$631
Bigelow393$52,250$120,100$675
Atkins2,877$61,908$124,400$889

More for people moving to Morrilton

Morrilton ZIP code ›Weather and climate ›

Living in Morrilton: FAQ

What is the median household income in Morrilton, AR?

The median household income in Morrilton is $47,572, 22% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Morrilton?

The median home value in Morrilton is $160,900, compared with $188,000 in Arkansas.

How much is rent in Morrilton?

The median gross rent in Morrilton is $717 per month, about 35.3% of household income.

Is Morrilton, AR a good place to live?

Pluses: home values 14% lower than the state median; an average commute of 22 minutes. Minuses: median household income 22% lower than the Arkansas median; unemployment of 10.3%; a poverty rate of 25.5%.

What is the median age in Morrilton?

The median age in Morrilton is 38.4 years (Arkansas: 38.5).

How long is the commute in Morrilton?

The average commute to work in Morrilton is 22 minutes; 12.1% of workers work from home.

What is the unemployment rate in Morrilton?

The unemployment rate in Morrilton is 10.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Morrilton?

19.3% of adults in Morrilton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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