Morrison, IA
Population 125 · Iowa
About Morrison, IA
Morrison is a small community in Iowa with a population of 125 residents. The median household income is $88,750 per year, which is above the national average. The median age in Morrison is 39.9 years.
Housing in Morrison has a median home value of $137,500 and median monthly rent of $0. Of the 47 total housing units, the majority are owner-occupied, with 43 owner-occupied and 4 renter-occupied units.
The unemployment rate in Morrison is 2.0% and the poverty rate is 13.6%. 24.1% of residents hold a bachelor's degree or higher. The average commute time is 18.3 minutes.
Cost of Living in Morrison, IA
Compared to national averages, Morrison has a median household income of $88,750 (18% above the national median of $75,149). Home values average $137,500, which is 44% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Morrison's income is 31% above the state average of $67,947, and home values are 4% above the state median of $132,237.
Why Live in Morrison, IA?
Morrison offers a strong local economy with a median household income of $88,750, well above the national average, and affordable housing with a median home value of $137,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 2.0%, and short commute times averaging just 18.3 minutes.
Morrison has a population of 125 with a median age of 39.9 years. Compare Morrison with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Morrison
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center Junction | 125 | $32,679 | $57,800 | Compare |
| Centralia | 125 | $73,750 | $230,000 | Compare |
| Rock Falls | 125 | $66,875 | $156,300 | Compare |
| Swaledale | 125 | $47,500 | $55,000 | Compare |
| Whitten | 125 | $68,750 | $49,000 | Compare |
| Delaware | 126 | $72,083 | $139,500 | Compare |
| East Peru | 126 | $67,083 | $87,500 | Compare |
| South Amana | 126 | $107,250 | $287,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morrison
What is the population of Morrison, IA?
The population of Morrison, IA is 125 according to the latest Census data.
What is the median household income in Morrison?
The median household income in Morrison, IA is $88,750 per year.
What is the median home value in Morrison?
The median home value in Morrison, IA is $137,500.
What is the average rent in Morrison?
The median monthly rent in Morrison, IA is $0.
What is the unemployment rate in Morrison?
The unemployment rate in Morrison, IA is 2.0%.