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North Carolina · Census place 44520

Morrisville town, NC

Quick answer

Morrisville town has 30,471 residents, ranking #35 of 777 places in North Carolina. Median household income is $125,404, the median home is worth $481,800 and median gross rent runs $1,785 a month.

Population
30,471Morrisville town residents
Median household income
$125,404Past 12 months, inflation adjusted
Median home value
$481,800Owner-occupied units
Median gross rent
$1,785Rent plus utilities, monthly
Median age
34.5 yrsAll residents
Homeownership rate
48.8%Owner-occupied households

What the numbers mean in Morrisville town

Housing cost measured against local earnings.

A household earning the Morrisville town median would spend about 17.1% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.8% of residents and 48.8% 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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