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ZipNumbers

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

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