Morrisville, VT
Population 2,527 · Vermont
About Morrisville, VT
Morrisville is a small town located in Vermont with a population of 2,527 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,792 per year, which is 11% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Morrisville features a median home value of $258,800, which is 6% above the national median of $244,900. This positions Morrisville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,242, 7% above the national average of $1,163/month. Of the 1,232 total housing units, 49% are owner-occupied (593 units) and 51% are renter-occupied (607 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 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in Morrisville have an average one-way commute time of 22.1 minutes.
Education & Demographics
32.6% of Morrisville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 4.4% of the population being foreign-born.
How Morrisville Ranks in Vermont
Cost of Living in Morrisville, VT
Compared to national averages, Morrisville has a median household income of $66,792 (11% below the national median of $75,149). Home values average $258,800, which is 6% above the national median. Monthly rent at $1,242 is 7% above the US average of $1,163. Within Vermont, Morrisville's income is 8% below the state average of $72,974, and home values are 1% above the state median of $255,863.
Why Live in Morrisville, VT?
Morrisville offers short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($66,792) 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 2,527 with a median age of 40.5 years. Compare Morrisville with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Morrisville
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vergennes | 2,571 | $85,417 | $263,500 | Compare |
| West Brattleboro | 2,614 | $39,555 | $249,200 | Compare |
| Fair Haven | 2,435 | $65,898 | $163,000 | Compare |
| Swanton | 2,732 | $71,307 | $210,000 | Compare |
| Bellows Falls | 2,851 | $54,836 | $176,000 | Compare |
| White River Junction | 2,878 | $73,546 | $250,700 | Compare |
| West Rutland | 2,144 | $53,373 | $178,300 | Compare |
| Bristol | 2,005 | $71,372 | $298,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
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, VT?
The population of Morrisville, VT is 2,527 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Vermont.
What is the median household income in Morrisville?
The median household income in Morrisville, VT is $66,792 per year, which is 11% below the national median of $75,149.
What is the median home value in Morrisville?
The median home value in Morrisville, VT is $258,800, which is 6% 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, VT is $1,242, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Morrisville?
The unemployment rate in Morrisville, VT is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Morrisville, VT a good place to live?
Morrisville offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 2,527 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Morrisville, VT?
32.6% 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, VT: median home value is $258,800 (6% above national), median rent is $1,242/month, and median household income is $66,792. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Morrisville?
The poverty rate in Morrisville, VT is 15.2%, 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 Morrisville, VT?
Morrisville's population is 1.2% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.0% two or more races. 4.4% of residents are foreign-born.