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Morrisonville

Learn about the people, housing, costs and businesses in Morrisonville, New York

Median Home$190,495
Median Rent$1,096/month
Population1,987
Leading IndustriesInformation & Media · Finance & Insurance · Public Administration9% information & media
Home Value Growth⬆⬆+12.7% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Morrisonville
NY

Frequently Asked Questions

What are today's mortgage rates in Morrisonville?

As of today, the 30-year fixed mortgage rate for Morrisonville is approximately 7.060% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Morrisonville?

The median home value in Morrisonville is $190k. The median monthly rent is $1,096. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morrisonville?

Home values in Morrisonville have increased 12.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Morrisonville?

Based on a typical all-in ownership cost of $1,102/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morrisonville is $88k/year.

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What industries drive the economy in Morrisonville?

The largest employment sectors in Morrisonville are public administration (27%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.