Living in Morrison, Colorado
Cost of living, income, home prices, rent and demographics of Morrison · Census data 2020–2024
Morrison has 412 residents with a median age of 59.4. The median household income is $122,083 (28% higher than the Colorado median), the median home value is $875,000, the median rent is $1,700/month.
Morrison is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Morrison at a glance
- Population
- 412
- Median age
- 59.4State: 37.7
- Median household income
- $122,083State: $95,470
- Median home value
- $875,000State: $539,400
- Median rent
- $1,700/moState: $1,761
- Homeowners
- 73.7%
- Bachelor's degree or higher
- 50.4%
- Average commute
- 34 min
Is Morrison a good place to live?
Pros: Median household income 28% higher than the Colorado median; a poverty rate of 2.7%.
Cons: Home values 62% higher than the state median; an average commute of 34 minutes; unemployment of 8.2%.
The weather is best in June to September.
Cost of living in Morrison
Housing is the biggest part of the cost of living. In Morrison the median home value is $875,000, 163% higher than the U.S. median. Renters pay a median of $1,700 per month, which is 33.8% of household income. Homeowners with a mortgage pay $2,306 a month in housing costs.
Morrison median household income
The median household income in Morrison is $122,083 and the income per person is $48,652. 2.7% of residents live below the poverty line (Colorado: 9.4%).
Housing in Morrison: homes for sale and rent
- Housing units
- 151
- Owner-occupied
- 73.7%
- Renter-occupied
- 26.3%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 1.93
Morrison demographics
- Population
- 412
- Median age
- 59.4
- Under 18
- 5.3%
- 65 and older
- 37.6%
- Households
- 137
- Foreign-born
- 1%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Morrison ›
Education in Morrison
50.4% of adults 25 and older in Morrison have a bachelor's degree or higher (Colorado: 45.7%), and 14.4% have a graduate or professional degree.
Jobs and commute in Morrison
- Unemployment rate
- 8.2%State: 4.6%
- Average commute
- 34 minState: 25 min
- Work from home
- 34.6%
- Drive alone
- 56.4%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 97.1%
Morrison vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morrison | 412 | $122,083 | $875,000 | $1,700 |
| Indian Hills | 986 | $178,980 | $789,200 | — |
| Dakota Ridge | 33,753 | $120,822 | $604,600 | $2,176 |
| Genesee | 3,778 | $186,667 | $1,032,700 | $2,819 |
| Kittredge | 812 | $222,500 | $744,000 | — |
| Ken Caryl | 33,233 | $118,269 | $600,300 | $2,127 |
| Evergreen | 8,602 | $150,417 | $829,400 | $1,959 |
| Lakewood | 156,583 | $89,792 | $574,400 | $1,806 |
| Aspen Park | 742 | $104,167 | $693,100 | — |
More for people moving to Morrison
Morrison ZIP code ›Weather and climate ›Living in Morrison: FAQ
What is the median household income in Morrison, CO?
The median household income in Morrison is $122,083, 28% higher than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Morrison?
The median home value in Morrison is $875,000, compared with $539,400 in Colorado.
How much is rent in Morrison?
The median gross rent in Morrison is $1,700 per month, about 33.8% of household income.
Is Morrison, CO a good place to live?
Pluses: median household income 28% higher than the Colorado median; a poverty rate of 2.7%. Minuses: home values 62% higher than the state median; an average commute of 34 minutes; unemployment of 8.2%.
What is the median age in Morrison?
The median age in Morrison is 59.4 years (Colorado: 37.7).
How long is the commute in Morrison?
The average commute to work in Morrison is 34 minutes; 34.6% of workers work from home.
What is the unemployment rate in Morrison?
The unemployment rate in Morrison is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morrison?
50.4% of adults in Morrison 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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