Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.9 yrs |
|---|---|
| Avg HH Size | 2.66 |
| Below Poverty | 13.6% ▲ 36% above avg |
| College Grads | 36.1% ≈ Avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 2 (2.3%) |
| HS Graduate | 37 (42%) |
| Some College | 13 (14.8%) |
| Associates | 5 (5.7%) |
| Bachelors | 10 (11.4%) |
| Graduate Degree | 21 (23.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,750 ▲ 16% above avg |
|---|---|
| Median Home Value | $137,500 ▼ 51% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Total Housing Units | 47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morrison is a city in Iowa, located in Grundy County. The city spans 1 ZIP code and is home to approximately 125 residents. It is a middle-aged city, with a median age of 39.9 years.
Economically, Morrison is a middle-income community. The median household income of $88,750 is above the national average. Approximately 13.6% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Morrison is one of the more affordable housing markets in the country. Median home values stand at $137,500, which is well below the national average. Homeownership is high at 91.5%, typical of suburban and family-oriented communities.
The population of Morrison is moderately educated. 36.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.4%).
Morrison, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50657 | 125 | $88,750 | $137,500 | — | 2.0% | 36.1% | 91.5% |