Morrisville, NC
Population 30,471 · North Carolina
About Morrisville, NC
Morrisville is a mid-sized city located in North Carolina with a population of 30,471 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,404 per year, which is 67% above the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Morrisville features a median home value of $481,800, which is 97% above the national median of $244,900. This places Morrisville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,785, 53% above the national average of $1,163/month. Of the 12,735 total housing units, 49% are owner-occupied (5,605 units) and 51% are renter-occupied (5,887 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Morrisville shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Morrisville have an average one-way commute time of 20.3 minutes.
Education & Demographics
73.9% of Morrisville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.4% White, 0.4% Hispanic or Latino, 1.1% Black or African American, and 2.1% Asian residents, with 35.3% of the population being foreign-born.
How Morrisville Ranks in North Carolina
Cost of Living in Morrisville, NC
Compared to national averages, Morrisville has a median household income of $125,404 (67% above the national median of $75,149). Home values average $481,800, which is 97% above the national median. Monthly rent at $1,785 is 53% above the US average of $1,163. Within North Carolina, Morrisville's income is 95% above the state average of $64,468, and home values are 110% above the state median of $228,922.
Why Live in Morrisville, NC?
Morrisville offers a strong local economy with a median household income of $125,404, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 73.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.8%, better than the national average, and short commute times averaging just 20.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $481,800. However, Morrisville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morrisville has a population of 30,471 with a median age of 34.5 years. Compare Morrisville with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Morrisville
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sanford | 30,833 | $54,294 | $222,000 | Compare |
| Matthews | 29,959 | $105,579 | $406,800 | Compare |
| New Bern | 31,563 | $56,893 | $211,500 | Compare |
| Statesville | 29,161 | $55,492 | $226,100 | Compare |
| Cornelius | 32,009 | $114,688 | $512,400 | Compare |
| Garner | 32,543 | $77,496 | $320,300 | Compare |
| Clayton | 28,043 | $73,348 | $292,400 | Compare |
| Goldsboro | 33,448 | $47,005 | $173,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Morrisville, NC is 30,471 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in North Carolina.
What is the median household income in Morrisville?
The median household income in Morrisville, NC is $125,404 per year, which is 67% above the national median of $75,149.
What is the median home value in Morrisville?
The median home value in Morrisville, NC is $481,800, which is 97% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Morrisville?
The median monthly rent in Morrisville, NC is $1,785, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Morrisville?
The unemployment rate in Morrisville, NC is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Morrisville, NC a good place to live?
Morrisville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 30,471 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Morrisville, NC?
73.9% of residents in Morrisville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Morrisville?
Key cost-of-living indicators for Morrisville, NC: median home value is $481,800 (97% above national), median rent is $1,785/month, and median household income is $125,404. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Morrisville?
The poverty rate in Morrisville, NC is 4.8%, 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, NC?
Morrisville's population is 0.4% White, 0.4% Hispanic or Latino, 1.1% Black or African American, 2.1% Asian, and 13.1% two or more races. 35.3% of residents are foreign-born.