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Morrisonville, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
926
Population
$71,597
Median Income
$95,800
Home Value
50.7
Median Age

Demographics

Morrisonville has a population of 926 with a median age of 50.7. Here is the racial and ethnic breakdown of the population:

White
94.9%
Hispanic
4.1%
Asian
1.0%
Demographic Value
Total Population926
Median Age50.7
White94.9%
Asian1.0%
Hispanic or Latino4.1%
Morrisonville, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.9%Hispanic/Latino: 4.1%Other: 1.0%926PopulationWhiteWhite94.9%Hispanic/LatinoHispanic/Latino4.1%OtherOther1.0%

Income & Economy

The median household income in Morrisonville is $71,597, which is 11.2% below the national median of $80,610. The per capita income is $41,659. The poverty rate is 17.1%.

$71,597
Median Household Income
$41,659
Per Capita Income
17.1%
Poverty Rate

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Education

In Morrisonville, 95.2% of residents age 25+ have a high school diploma or higher, and 16.2% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
16.2%
Graduate+
8.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher16.2%
Graduate or Professional Degree8.3%

Housing

The median home value in Morrisonville is $95,800, below the national median of $303,400. The median monthly rent is $796. The homeownership rate is 95.1%.

$95,800
Median Home Value
$796/mo
Median Rent
95.1%
Homeownership Rate
Housing Metric Value
Median Home Value$95,800
Median Monthly Rent$796
Homeownership Rate95.1%
Vacancy Rate9.5%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Morrisonville, Illinois?
The population of Morrisonville, Illinois is 926 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Morrisonville, Illinois?
The median household income in Morrisonville, Illinois is $71,597. This is 11.2% below the national median of $80,610.
What is the median home value in Morrisonville, Illinois?
The median home value in Morrisonville, Illinois is $95,800. The median monthly rent is $796.
What percentage of people in Morrisonville have a college degree?
In Morrisonville, Illinois, 16.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Morrisonville, Illinois an affordable place to live?
The home price-to-income ratio in Morrisonville, Illinois is 1.3x (median home value $95,800 vs. median income $71,597), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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