Morrison, IA
Full City Profile · Iowa · Grundy County County
3.4
/5.0
B
Good
125
Population
1,250/sq mi density
$88,750
Median Income
$31,008 per capita
$137,500
Home Value
$184,315 Zillow
47°F
Avg Temperature
260 sunny days/yr
122
Violent Crime/100K
1,923 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,750 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$137,500 home value, /mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$137,500
51% below
US avg: $281,900
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
52
Median year built: 1969
Home Value by Source
Census Median
$137,500
Zillow (ZHVI)
$184,315
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.5%
Owner-Occupied
8.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
91.5%
Complete Housing Data
Home Values
| Census Median Value | $137,500 |
| Zillow Home Value (ZHVI) | $184,315 |
Rent
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 91.5% |
| Renter-Occupied | 8.5% |
| Homeownership Rate | 91.5% |
| Total Housing Units | 52 |
| Median Year Built | 1969 |
| Rent Burden | 22.7% |
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