Cost of Living in Morrisville, NC
Population: 30,471 • 2026 Data
$125,404
Median Household Income
+62% vs national
$1,785
Median Monthly Rent
+32% vs national
$481,800
Median Home Value
+42% vs national
3.0%
Unemployment Rate
Housing in Morrisville
The median home value in Morrisville, NC is $481,800. Monthly rent for a typical unit averages $1,785, while total monthly housing costs (including utilities and insurance) average $1,871.
Rent-to-income ratio: 17.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Morrisville, NC is $125,404. The unemployment rate stands at 3.0%, with a labor force of 18,135 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.