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Morrisonville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Morrisonville village, Illinois has a total population of 852, the 743rd largest city in Illinois, with a median household income of $81,944, which is about average than the state average. The poverty rate is 9.4%.

Key Takeaways

Morrisonville village Quick Facts

Population 852
Median Household Income $81,944
Median Home Value $105,900
Poverty Rate 9.4%
Unemployment Rate 2.5%
Median Age 50.3 years
Homeownership Rate 93.0%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 15.6%
High School Graduation Rate 94.0%
Diversity Index 18/100
Population 852 743rd of 1,445
Median Income $81,944 top 30%
Poverty Rate 9.4% 25% lower national
Median Home Value $105,900 average

How Morrisonville village Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 5.8% | National: 5.2%
60.6% Labor Force Participation

Housing Overview

Owner 93.0%
Renter 7.0%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 60 | National average: 60

Education

Morrisonville village Rankings in Illinois

#743 Population of 1,445
#397 Median Income of 1,445
#826 Education of 1,445
#796 Home Value of 1,445

Cities Similar to Morrisonville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sidney village849$84,073$187,00023.4%4.2%
Bonnie Brae CDP844$76,483$224,20022.2%5.3%
Odell village866$77,212$130,40010.5%11.1%
Illiopolis village854$74,219$96,50018.4%4.3%
Flanagan village864$75,104$103,90020.4%10.7%

Population Overview

Morrisonville village is a small community located in Illinois. The total population is 852. It ranks as the 743rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Morrisonville village is 50.3 years. This is 29% higher than the state median of 38.9 years. 10.3% 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 Morrisonville village is $81,944. This is about average than the state median of $81,702. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 9.4%. This is 20% lower than the state poverty rate of 11.7%. The unemployment rate is 2.5%. This is 57% lower than the state rate of 5.8%. The median home value is $105,900. Housing costs are 58% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.3x, Morrisonville village is one of the most affordable housing markets in the area. 93.0% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 66.8%.

Race & Ethnicity

Morrisonville village has a predominantly White (non-Hispanic) population, comprising 90.3% of all residents. Hispanic or Latino residents account for 4.3%. The White (non-Hispanic) population is significantly higher than the state average (90.3% vs 58.8%). The Hispanic or Latino population (4.3%) is well below the state average of 18.5%. The Asian population (1.3%) is well below the state average of 5.8%.

Education

15.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%.

Data Sources & Methodology

All demographic data for Morrisonville village, Illinois 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 Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Morrisonville village, Illinois?

Morrisonville village, Illinois has a population of 852 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morrisonville village, IL?

The median household income in Morrisonville village is $81,944, which is 4% higher the national median of $78,538.

What is the poverty rate in Morrisonville village, IL?

The poverty rate in Morrisonville village is 9.4%. This means approximately 80 residents live below the federal poverty line.

What is the racial makeup of Morrisonville village, Illinois?

Morrisonville village's population is 90.3% White, 0.0% Black, 4.3% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Morrisonville village, IL?

The median home value in Morrisonville village is $105,900. The home-value-to-income ratio is 1.3x.

How educated is Morrisonville village, Illinois?

15.6% of adults (25+) in Morrisonville village hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.