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Morrisville

Learn about the people, housing, costs and businesses in Morrisville, Vermont

Median Home$298,600
Median Rent$1,214/month
Population2,197
Leading IndustriesEducation · Wholesale Trade · Public Administration5% education
Home Value Growth⬆⬆⬆+23.5% over 2 years
Retirees25% of residentsabove average nationally
Homeowners65% of occupied units
NotableTransit91/100 · excellent transit access
NotableAmenity Score72/100 · highly walkable area
Morrisville
VT

Frequently Asked Questions

What are today's mortgage rates in Morrisville?

As of today, the 30-year fixed mortgage rate for Morrisville is approximately 6.886% (6.922% 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 Morrisville?

The median home value in Morrisville is $299k. The median monthly rent is $1,214. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morrisville?

Home values in Morrisville have increased 23.5% 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 Morrisville?

Based on a typical all-in ownership cost of $1,322/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morrisville is $66k/year.

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What industries drive the economy in Morrisville?

The largest employment sectors in Morrisville are public administration (28%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.