Living in Morrisville, North Carolina

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

Morrisville has 31,422 residents with a median age of 35.2. The median household income is $125,396 (73% higher than the North Carolina median), the median home value is $518,800, the median rent is $1,858/month.

Morrisville at a glance

Population
31,422
Median age
35.2State: 39.1
Median household income
$125,396State: $72,388
Median home value
$518,800State: $288,900
Median rent
$1,858/moState: $1,228
Homeowners
45.4%
Bachelor's degree or higher
72.7%
Average commute
22 min

Is Morrisville a good place to live?

Pros: Median household income 73% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 3.3%; a poverty rate of 3.1%.

Cons: Home values 80% higher than the state median.

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

Cost of living in Morrisville

Housing is the biggest part of the cost of living. In Morrisville the median home value is $518,800, 56% higher than the U.S. median. Renters pay a median of $1,858 per month, which is 21.6% of household income. Homeowners with a mortgage pay $2,418 a month in housing costs.

Median home value

Morrisville$518,800
North Carolina$288,900
United States$332,700

Median monthly rent

Morrisville$1,858
North Carolina$1,228
United States$1,413

Morrisville median household income

The median household income in Morrisville is $125,396 and the income per person is $58,502. 3.1% of residents live below the poverty line (North Carolina: 13%).

Median household income

Morrisville$125,396
North Carolina$72,388
United States$80,734

Housing in Morrisville: homes for sale and rent

Housing units
13,506
Owner-occupied
45.4%
Renter-occupied
54.6%
Vacant
8.9%Includes seasonal homes
Median year built
2007
Average household size
2.55

Morrisville demographics

Population
31,422
Median age
35.2
Under 18
23%
65 and older
6.9%
Households
12,300
Foreign-born
36%
Veterans
3.6%Adults 18+

Race and ethnicity

White36.6%
Hispanic or Latino3.6%
Black13.7%
Asian41.1%

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

Education in Morrisville

72.7% of adults 25 and older in Morrisville have a bachelor's degree or higher (North Carolina: 35.7%), and 34.6% have a graduate or professional degree.

Bachelor's degree or higher

Morrisville72.7%
North Carolina35.7%
United States35.7%

Jobs and commute in Morrisville

Unemployment rate
3.3%State: 4.7%
Average commute
22 minState: 25 min
Work from home
39%
Drive alone
52%
Public transit
0.3%
Walk to work
0.2%
Homes with broadband
97.9%

Morrisville vs nearby towns

TownPopulationMedian incomeHome valueRent
Morrisville31,422$125,396$518,800$1,858
Cary179,306$134,905$580,200$1,738
Apex70,630$144,135$576,100$1,902
Carolina Meadows555$126,007$443,800$3,501
Durham291,467$81,619$392,800$1,508
Governors Village2,295$125,857$602,100$1,779
Raleigh481,031$85,395$415,800$1,572
Governors Club1,787$235,625$889,500—
Holly Springs45,248$135,578$535,800$2,021

More for people moving to Morrisville

Morrisville ZIP code ›Weather and climate ›

Living in Morrisville: FAQ

What is the median household income in Morrisville, NC?

The median household income in Morrisville is $125,396, 73% higher than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Morrisville?

The median home value in Morrisville is $518,800, compared with $288,900 in North Carolina.

How much is rent in Morrisville?

The median gross rent in Morrisville is $1,858 per month, about 21.6% of household income.

Is Morrisville, NC a good place to live?

Pluses: median household income 73% higher than the North Carolina median; an average commute of 22 minutes; unemployment of 3.3%; a poverty rate of 3.1%. Minuses: home values 80% higher than the state median.

What is the median age in Morrisville?

The median age in Morrisville is 35.2 years (North Carolina: 39.1).

How long is the commute in Morrisville?

The average commute to work in Morrisville is 22 minutes; 39% of workers work from home.

What is the unemployment rate in Morrisville?

The unemployment rate in Morrisville is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Morrisville?

72.7% of adults in Morrisville 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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