Morrisville, MO
Population 577 · Missouri
About Morrisville, MO
Morrisville is a small community located in Missouri with a population of 577 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,528 per year, which is 31% below the national median of $75,149. The median age of 44.3 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 Morrisville features a median home value of $123,900, which is 49% below the national median of $244,900. This makes Morrisville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $773, 34% below the national average of $1,163/month. Of the 254 total housing units, 52% are owner-occupied (125 units) and 48% are renter-occupied (116 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Morrisville shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Morrisville have an average one-way commute time of 25.2 minutes.
Education & Demographics
7.8% of Morrisville 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 1.0% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Morrisville, MO
Compared to national averages, Morrisville has a median household income of $51,528 (31% below the national median of $75,149). Home values average $123,900, which is 49% below the national median. Monthly rent at $773 is 34% below the US average of $1,163. Within Missouri, Morrisville's income is 16% below the state average of $61,047, and home values are 18% below the state median of $150,786.
Why Live in Morrisville, MO?
Morrisville offers affordable housing with a median home value of $123,900, below the US average of $244,900, and rent that’s lower than the national average at $773/month, and a low poverty rate of 8.9%, better than the national average.
Potential considerations include median household income ($51,528) that falls below the national average. However, Morrisville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morrisville has a population of 577 with a median age of 44.3 years. Compare Morrisville with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Morrisville
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bull Creek | 577 | $32,500 | $225,000 | Compare |
| Doolittle | 579 | $44,500 | $105,200 | Compare |
| Morley | 575 | $44,583 | $59,800 | Compare |
| Ellsinore | 581 | $48,693 | $153,600 | Compare |
| Freeman | 572 | $63,750 | $148,400 | Compare |
| Martinsburg | 582 | $31,735 | $0 | Compare |
| Ravenwood | 571 | $56,500 | $70,000 | Compare |
| Shelbyville | 583 | $46,875 | $75,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Morrisville With Other Cities
Frequently Asked Questions about Morrisville
What is the population of Morrisville, MO?
The population of Morrisville, MO is 577 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Morrisville?
The median household income in Morrisville, MO is $51,528 per year, which is 31% below the national median of $75,149.
What is the median home value in Morrisville?
The median home value in Morrisville, MO is $123,900, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morrisville?
The median monthly rent in Morrisville, MO is $773, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Morrisville?
The unemployment rate in Morrisville, MO is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Morrisville, MO a good place to live?
Morrisville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 577 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Morrisville, MO?
7.8% of residents in Morrisville 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 Morrisville?
Key cost-of-living indicators for Morrisville, MO: median home value is $123,900 (49% below national), median rent is $773/month, and median household income is $51,528. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Morrisville?
The poverty rate in Morrisville, MO is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Morrisville, MO?
Morrisville's population is 1.0% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 1.7% two or more races. 0.0% of residents are foreign-born.