Living in Morrison, Illinois

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

Morrison has 3,739 residents with a median age of 41.4. The median household income is $69,089 (17% lower than the Illinois median), the median home value is $118,000, the median rent is $760/month.

Morrison at a glance

Population
3,739
Median age
41.4State: 39
Median household income
$69,089State: $83,390
Median home value
$118,000State: $263,300
Median rent
$760/moState: $1,274
Homeowners
78.1%
Bachelor's degree or higher
27.9%
Average commute
18 min

Is Morrison a good place to live?

Pros: Home values 55% lower than the state median; an average commute of 18 minutes; unemployment of 2.3%; a poverty rate of 8.1%.

Cons: Median household income 17% lower than the Illinois median.

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 $118,000, 65% lower than the U.S. median. Renters pay a median of $760 per month, which is 23.7% of household income. Homeowners with a mortgage pay $1,184 a month in housing costs.

Median home value

Morrison$118,000
Illinois$263,300
United States$332,700

Median monthly rent

Morrison$760
Illinois$1,274
United States$1,413

Morrison median household income

The median household income in Morrison is $69,089 and the income per person is $32,843. 8.1% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Morrison$69,089
Illinois$83,390
United States$80,734

Housing in Morrison: homes for sale and rent

Housing units
1,521
Owner-occupied
78.1%
Renter-occupied
21.9%
Vacant
6.3%Includes seasonal homes
Median year built
1958
Average household size
2.44

Morrison demographics

Population
3,739
Median age
41.4
Under 18
22.6%
65 and older
21.7%
Households
1,425
Foreign-born
1.2%
Veterans
4.6%Adults 18+

Race and ethnicity

White93.5%
Hispanic or Latino3.2%
Black2%
Asian0.5%

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

Education in Morrison

27.9% of adults 25 and older in Morrison have a bachelor's degree or higher (Illinois: 37.8%), and 8.8% have a graduate or professional degree.

Bachelor's degree or higher

Morrison27.9%
Illinois37.8%
United States35.7%

Jobs and commute in Morrison

Unemployment rate
2.3%State: 5.8%
Average commute
18 minState: 28 min
Work from home
7.1%
Drive alone
83.9%
Public transit
0%
Walk to work
3.5%
Homes with broadband
85.6%

Morrison vs nearby towns

TownPopulationMedian incomeHome valueRent
Morrison3,739$69,089$118,000$760
Lyndon433$60,104$113,500—
Prophetstown1,903$65,125$116,600$733
Como535$63,750$175,700—
Coleta169$56,875$111,800$925
Galt213$112,569——
Fulton3,709$45,581$121,700$954
Erie1,614$82,760$151,900$767
Albany776$62,857$148,800$724

More for people moving to Morrison

Morrison ZIP code ›Weather and climate ›

Living in Morrison: FAQ

What is the median household income in Morrison, IL?

The median household income in Morrison is $69,089, 17% lower than the Illinois median of $83,390 (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 $118,000, compared with $263,300 in Illinois.

How much is rent in Morrison?

The median gross rent in Morrison is $760 per month, about 23.7% of household income.

Is Morrison, IL a good place to live?

Pluses: home values 55% lower than the state median; an average commute of 18 minutes; unemployment of 2.3%; a poverty rate of 8.1%. Minuses: median household income 17% lower than the Illinois median.

What is the median age in Morrison?

The median age in Morrison is 41.4 years (Illinois: 39).

How long is the commute in Morrison?

The average commute to work in Morrison is 18 minutes; 7.1% of workers work from home.

What is the unemployment rate in Morrison?

The unemployment rate in Morrison is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Morrison?

27.9% 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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