Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.1 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 5.2% ▼ 49% below avg |
| College Grads | 78.8% ▲ 103% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 121 (0.5%) |
| HS Graduate | 1,928 (7.5%) |
| Some College | 1,060 (4.1%) |
| Associates | 2,365 (9.2%) |
| Bachelors | 1,180 (4.6%) |
| Graduate Degree | 19,103 (74.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $117,340 ▲ 54% above avg |
|---|---|
| Median Home Value | $466,900 ▲ 67% above avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,760/mo |
| Total Housing Units | 17,764 |
| Vacant Units | 1,936 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morrisville is a city in North Carolina, located in Wake County. The city spans 1 ZIP code and is home to approximately 39,442 residents. It is a relatively young city, with a median age of 34.1 years.
Economically, Morrisville is a upper-middle-income community. The median household income of $117,340 is significantly above the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Morrisville is a premium housing market. Median home values stand at $466,900, which is significantly above the national average. Renters typically pay around $1,760 per month.
The population of Morrisville is highly educated. 78.8% of adults hold a bachelor's degree or higher — more than double the national average. The community is racially diverse, with Asian as the largest group at 38.6%.
Morrisville, NC offers residents above-average earning potential within North Carolina.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 27560 | 39,442 | $117,340 | $466,900 | $1,760 | 3.0% | 78.8% | 44.3% |