Morrisville, NY

Full City Profile · New York · Madison County County

3.6 /5.0
B+ Good
1,530 Population 1,500/sq mi density
$47,969 Median Income $15,664 per capita
$161,000 Home Value $244,987 Zillow
$967 Median Rent 42.3% income on rent
44°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$47,969 median income, 6.5% unemployment
A+
Affordability
4.8 / 5.0
$161,000 home value, $967/mo rent
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Housing Overview

Median Home Value
$161,000
43% below
US avg: $281,900
Median Rent
$967/mo
17% below
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
362
Median year built: 1960

Home Value by Source

Census Median
$161,000
Zillow (ZHVI)
$244,987
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.0%
Owner-Occupied
34.0%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $967/mo

Affordability & Housing Stock

Rent Burden
42.3%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
66.0%

Complete Housing Data

Home Values

Census Median Value$161,000
Zillow Home Value (ZHVI)$244,987

Rent

Census Median Rent$967
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied66.0%
Renter-Occupied34.0%
Homeownership Rate66.0%
Total Housing Units362
Median Year Built1960
Rent Burden42.3%