Morley, IA
Population 43 · Iowa
About Morley, IA
Morley is a small community located in Iowa with a population of 43 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 43.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Morley features a median home value of $76,900, which is 69% below the national median of $244,900. This makes Morley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 33 total housing units, 95% are owner-occupied (21 units) and 5% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Morley shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 27.9%, above the national average of 12.4%. Workers in Morley have an average one-way commute time of 28.2 minutes.
Education & Demographics
17.1% of Morley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Morley, IA
Compared to national averages, Morley has a median household income of $48,750 (35% below the national median of $75,149). Home values average $76,900, which is 69% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Morley's income is 28% below the state average of $67,947, and home values are 42% below the state median of $132,237.
Why Live in Morley, IA?
Morley offers affordable housing with a median home value of $76,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($48,750) that falls below the national average. However, Morley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morley has a population of 43 with a median age of 43.5 years. Compare Morley with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morley
What is the population of Morley, IA?
The population of Morley, IA is 43 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Morley?
The median household income in Morley, IA is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Morley?
The median home value in Morley, IA is $76,900, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morley?
The median monthly rent in Morley, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Morley?
The unemployment rate in Morley, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Morley, IA a good place to live?
Morley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 43 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Morley, IA?
17.1% of residents in Morley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Morley?
Key cost-of-living indicators for Morley, IA: median home value is $76,900 (69% below national), median rent is $0/month, and median household income is $48,750. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Morley?
The poverty rate in Morley, IA is 27.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Morley, IA?
Morley's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.