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Morrison town, Colorado Demographics & Population 2026

As of 2026, Morrison town, Colorado has a total population of 415, the 307th largest city in Colorado, with a median household income of $116,667, which is 26% higher than the state average. The poverty rate is 2.6%.

Key Takeaways

Morrison town Quick Facts

Population 415
Median Household Income $116,667
Median Home Value $739,900
Poverty Rate 2.6%
Unemployment Rate 8.3%
Median Age 58.0 years
Homeownership Rate 71.3%
Affordability Ratio 6.3x
Bachelor's Degree or Higher 43.7%
High School Graduation Rate 95.5%
Diversity Index 20/100
Population 415 307th of 471
Median Income $116,667 top 30%
Poverty Rate 2.6% 79% lower national
Median Home Value $739,900 top 20%

How Morrison town Compares

Economy & Housing

Employment

8.3% Unemployment Rate State: 4.5% | National: 5.2%
44.8% Labor Force Participation

Housing Overview

Owner 71.3%
Renter 28.7%
Affordability Index Expensive
6.3x home value to income ratio

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Morrison town Rankings in Colorado

#307 Population of 471
#92 Median Income of 471
#170 Education of 471
#78 Home Value of 471

Cities Similar to Morrison town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Franktown CDP405N/A$1,066,00056.7%0.0%
Eldora CDP440N/AN/A48.7%56.4%
Sugarloaf CDP442N/A$1,274,60087.9%0.0%
Phippsburg CDP399$110,870$310,00044.5%0.0%
Chacra CDP449N/A$1,019,00053.2%18.3%

Population Overview

Morrison town is a small community located in Colorado. The total population is 415. It ranks as the 307th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Morrison town is 58.0 years. This is 55% higher than the state median of 37.5 years. Only 10.8% of residents are under 18, indicating fewer families with children. 27.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Morrison town is $116,667. This is 26% higher than the state median of $92,470. Compared to the national median of $78,538, household income here is 49% higher. The poverty rate stands at 2.6%. This is 72% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 8.3%. This is 86% higher than the state rate of 4.5%. The median home value is $739,900. Housing costs are 47% higher than the state median of $502,200. The home-value-to-income ratio of 6.3x suggests that housing affordability is a significant concern for many residents. 71.3% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 66.3%.

Race & Ethnicity

Morrison town has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Black or African American residents account for 5.1%. The Hispanic or Latino population (4.8%) is well below the state average of 22.2%.

Education

43.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.

Data Sources & Methodology

All demographic data for Morrison town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Morrison town, Colorado?

Morrison town, Colorado has a population of 415 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morrison town, CO?

The median household income in Morrison town is $116,667, which is 49% higher the national median of $78,538.

What is the poverty rate in Morrison town, CO?

The poverty rate in Morrison town is 2.6%. This means approximately 7 residents live below the federal poverty line.

What is the racial makeup of Morrison town, Colorado?

Morrison town's population is 88.9% White, 5.1% Black, 4.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Morrison town, CO?

The median home value in Morrison town is $739,900. The home-value-to-income ratio is 6.3x.

How educated is Morrison town, Colorado?

43.7% of adults (25+) in Morrison town hold a bachelor's degree or higher, and 12.8% hold a graduate or professional degree.