Living in Morrisonville, Illinois
Cost of living, income, home prices, rent and demographics of Morrisonville · Census data 2020–2024
Morrisonville has 926 residents with a median age of 50.7. The median household income is $71,597 (14% lower than the Illinois median), the median home value is $95,800, the median rent is $796/month.
Morrisonville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Morrisonville at a glance
- Population
- 926
- Median age
- 50.7State: 39
- Median household income
- $71,597State: $83,390
- Median home value
- $95,800State: $263,300
- Median rent
- $796/moState: $1,274
- Homeowners
- 95.1%
- Bachelor's degree or higher
- 16.2%
- Average commute
- 25 min
Is Morrisonville a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 25 minutes; unemployment of 2.1%.
Cons: Median household income 14% lower than the Illinois median; a poverty rate of 17.1%.
The weather is best in May–June and August–September.
Cost of living in Morrisonville
Housing is the biggest part of the cost of living. In Morrisonville the median home value is $95,800, 71% lower than the U.S. median. Renters pay a median of $796 per month, which is 19.7% of household income. Homeowners with a mortgage pay $1,159 a month in housing costs.
Morrisonville median household income
The median household income in Morrisonville is $71,597 and the income per person is $41,659. 17.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Morrisonville: homes for sale and rent
- Housing units
- 476
- Owner-occupied
- 95.1%
- Renter-occupied
- 4.9%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.15
Morrisonville demographics
- Population
- 926
- Median age
- 50.7
- Under 18
- 17%
- 65 and older
- 23.4%
- Households
- 431
- Foreign-born
- 1.6%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Morrisonville ›
Education in Morrisonville
16.2% of adults 25 and older in Morrisonville have a bachelor's degree or higher (Illinois: 37.8%), and 8.3% have a graduate or professional degree.
Jobs and commute in Morrisonville
- Unemployment rate
- 2.1%State: 5.8%
- Average commute
- 25 minState: 28 min
- Work from home
- 4.5%
- Drive alone
- 90.5%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 88.6%
Morrisonville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morrisonville | 926 | $71,597 | $95,800 | $796 |
| Palmer | 241 | $49,500 | $82,900 | $740 |
| Harvel | 201 | $61,250 | $55,000 | $759 |
| Raymond | 1,030 | $66,591 | $108,200 | $924 |
| Farmersville | 763 | $63,750 | $116,900 | $764 |
| Waggoner | 169 | $70,417 | $37,500 | $650 |
| Langleyville | 282 | $47,969 | $106,500 | — |
| Tovey | 629 | $89,000 | $79,100 | $808 |
| Kincaid | 1,278 | $64,821 | $88,100 | $725 |
More for people moving to Morrisonville
Morrisonville ZIP code ›Weather and climate ›Living in Morrisonville: FAQ
What is the median household income in Morrisonville, IL?
The median household income in Morrisonville is $71,597, 14% 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 Morrisonville?
The median home value in Morrisonville is $95,800, compared with $263,300 in Illinois.
How much is rent in Morrisonville?
The median gross rent in Morrisonville is $796 per month, about 19.7% of household income.
Is Morrisonville, IL a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 25 minutes; unemployment of 2.1%. Minuses: median household income 14% lower than the Illinois median; a poverty rate of 17.1%.
What is the median age in Morrisonville?
The median age in Morrisonville is 50.7 years (Illinois: 39).
How long is the commute in Morrisonville?
The average commute to work in Morrisonville is 25 minutes; 4.5% of workers work from home.
What is the unemployment rate in Morrisonville?
The unemployment rate in Morrisonville is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morrisonville?
16.2% of adults in Morrisonville 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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