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Morrisville, North Carolina Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Morrisville, North Carolina had a total population of 31,422, the 35th largest town in North Carolina, with a median household income of $125,396, which is 73% higher than the state average. The poverty rate is 3.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Morrisville Quick Facts

Population 31,422
Median Household Income $125,396
Median Home Value $518,800
Poverty Rate 3.1%
Unemployment Rate 3.3%
Median Age 35.2 years
Homeownership Rate 45.4%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 72.7%
High School Graduation Rate 97.8%
Diversity Index 69/100
Population 31,422 35th of 772
Median Income $125,396 top 10%
Poverty Rate 3.1% 75% lower than national
Median Home Value $518,800 top 10%

How Morrisville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population30,47131,422+3.1%
Median household income$125,404$125,396-0.0%
Median home value$481,800$518,800+7.7%

How Morrisville Compares

Economy & Housing

Household Income Distribution

Under $25K 4.1%
$25K-$50K 8.5%
$50K-$100K 23.4%
$100K+ 64.0%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
0.4%
$15K-$20K
0.6%
$20K-$25K
1.9%
$25K-$30K
1.1%
$30K-$35K
1.6%
$35K-$40K
2.0%
$40K-$45K
3.0%
$45K-$50K
0.8%
$50K-$60K
3.6%
$60K-$75K
6.1%
$75K-$100K
13.7%
$100K-$125K
13.9%
$125K-$150K
10.9%
$150K-$200K
15.4%
$200K+
23.8%

Employment

3.3% Unemployment Rate State: 4.7%|National: 5.2%
75.5% Labor Force Participation

Housing Overview

Owner 45.4%
Renter 54.6%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,858/mo 17.8% of median household income annually

People & Demographics

Diversity Index

69out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 58 | National average: 61

Education

Morrisville Rankings in North Carolina

#35 Population of 772
#30 Median Income of 716
#14 Education of 772
#44 Home Value of 725

Other Cities in Wake County

CityPopulationMedian IncomePovertyHome Value
Raleigh 481,031 $85,395 11.9% $415,800
Cary 179,306 $134,905 5.7% $580,200
Apex 70,630 $144,135 2.3% $576,100
Wake Forest 52,844 $123,802 4.5% $474,500
Holly Springs 45,248 $135,578 4.8% $535,800
Fuquay-Varina 40,485 $115,497 8.2% $451,500
Garner 34,473 $78,756 8.4% $355,000
Clayton 29,320 $78,822 5.9% $329,600
Knightdale 20,214 $103,220 5.3% $380,100
Wendell 13,064 $95,787 3.2% $330,500

Cities Similar to Morrisville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cornelius32,783$113,767$559,40062.2%5.4%
Matthews30,577$108,611$445,10055.2%3.7%
Leland29,607$91,977$398,90043.7%6.1%
Mint Hill27,556$100,860$428,90040.4%8.4%
Fuquay-Varina40,485$115,497$451,50054.0%8.2%

Population Overview

Morrisville is a mid-sized community located in North Carolina, within Wake County. The total population is 31,422. It ranks as the 35th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Morrisville is 35.2 years. This is 10% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Morrisville is $125,396. This is 73% higher than the state median of $72,388. It is also 55% higher than the national median of $80,734. The poverty rate stands at 3.1%. This is 76% lower than the state poverty rate of 13.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.3%. This is 30% lower than the state rate of 4.7%. The median home value is $518,800. Housing costs are 80% higher than the state median of $288,900. The home-value-to-income ratio is 4.1x. 45.4% of occupied housing units are owner-occupied. This homeownership rate is 32% lower than the state average of 66.6%.

Race & Ethnicity

Morrisville is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 35.1%. The Hispanic or Latino population (3.6%) is well below the state average of 11.3%. The Asian population is significantly higher than the state average (41.0% vs 3.3%).

Education

72.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Morrisville in the top 10% of all cities in the state for educational attainment. This is 104% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%. Notably, 34.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Morrisville, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Morrisville, North Carolina?

Morrisville, North Carolina has a population of 31,422 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morrisville, NC?

The median household income in Morrisville is $125,396, which is 55% higher than the national median of $80,734.

What is the poverty rate in Morrisville, NC?

The poverty rate in Morrisville is 3.1%. This means approximately 968 residents live below the federal poverty line.

What is the racial makeup of Morrisville, North Carolina?

Morrisville's population is 35.1% White, 13.6% Black, 3.6% Hispanic/Latino, and 41.0% Asian.

What is the median home value in Morrisville, NC?

The median home value in Morrisville is $518,800. The home-value-to-income ratio is 4.1x.

How educated is Morrisville, North Carolina?

72.7% of adults (25+) in Morrisville hold a bachelor's degree or higher, and 34.6% hold a graduate or professional degree.