Illinois · Census place 50543
Morrisonville village, IL
Quick answer
Morrisonville village has 852 residents, ranking #743 of 1462 places in Illinois. Median household income is $81,944, the median home is worth $105,900 and median gross rent runs $788 a month.
- Population
- 852Morrisonville village residents
- Median household income
- $81,944Past 12 months, inflation adjusted
- Median home value
- $105,900Owner-occupied units
- Median gross rent
- $788Rent plus utilities, monthly
- Median age
- 50.3 yrsAll residents
- Homeownership rate
- 93%Owner-occupied households
What the numbers mean in Morrisonville village
Housing cost measured against local earnings.
A household earning the Morrisonville village median would spend about 11.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 93% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Flanagan village 864
- Mounds city 855
- Illiopolis village 854
- Sidney village 849
- Hanover village 847
- Mitchell CDP 847
- Bonnie Brae CDP 844
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More Illinois coverage.