Living in Morrison, Iowa

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

Morrison has 96 residents with a median age of 39.3. The median household income is $66,250 (12% lower than the Iowa median), the median home value is $95,000.

Morrison is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Morrison at a glance

Population
96
Median age
39.3State: 38.6
Median household income
$66,250State: $75,059
Median home value
$95,000State: $208,000
Homeowners
91.2%
Bachelor's degree or higher
19.7%
Average commute
21 min

Is Morrison a good place to live?

Pros: Home values 54% lower than the state median.

Cons: Median household income 12% lower than the Iowa median; an average commute of 21 minutes; a poverty rate of 17.7%.

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 $95,000, 71% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,250 a month in housing costs.

Median home value

Morrison$95,000
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

Morrison median household income

The median household income in Morrison is $66,250 and the income per person is $26,523. 17.7% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Morrison$66,250
Iowa$75,059
United States$80,734

Housing in Morrison: homes for sale and rent

Housing units
38
Owner-occupied
91.2%
Renter-occupied
8.8%
Vacant
10.5%Includes seasonal homes
Median year built
1964
Average household size
2.82

Morrison demographics

Population
96
Median age
39.3
Under 18
28.1%
65 and older
24%
Households
34
Foreign-born
2.1%
Veterans
13%Adults 18+

Race and ethnicity

White97.9%
Hispanic or Latino0%
Black0%
Asian2.1%

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

Education in Morrison

19.7% of adults 25 and older in Morrison have a bachelor's degree or higher (Iowa: 31.4%), and 4.5% have a graduate or professional degree.

Bachelor's degree or higher

Morrison19.7%
Iowa31.4%
United States35.7%

Jobs and commute in Morrison

Unemployment rate
0%State: 3.6%
Average commute
21 minState: 20 min
Work from home
5.7%
Drive alone
82.9%
Public transit
0%
Walk to work
2.9%
Homes with broadband
76.5%

Morrison vs nearby towns

TownPopulationMedian incomeHome valueRent
Morrison96$66,250$95,000—
Reinbeck1,715$86,797$165,000$747
Grundy Center2,809$80,357$177,900—
Lincoln113$65,000$97,800$1,000
Holland327$72,788$125,000$1,087
Dike1,365$91,146$247,800$711
Gladbrook992$70,125$125,200$844
Beaman125$80,000$96,700$785
Stout296$82,500$125,800$1,528

More for people moving to Morrison

Morrison ZIP code ›Weather and climate ›

Living in Morrison: FAQ

What is the median household income in Morrison, IA?

The median household income in Morrison is $66,250, 12% lower than the Iowa median of $75,059 (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 $95,000, compared with $208,000 in Iowa.

Is Morrison, IA a good place to live?

Pluses: home values 54% lower than the state median. Minuses: median household income 12% lower than the Iowa median; an average commute of 21 minutes; a poverty rate of 17.7%.

What is the median age in Morrison?

The median age in Morrison is 39.3 years (Iowa: 38.6).

How long is the commute in Morrison?

The average commute to work in Morrison is 21 minutes; 5.7% of workers work from home.

What is the unemployment rate in Morrison?

The unemployment rate in Morrison is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Morrison?

19.7% 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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