Morrisville is a medium-sized town located in the state of North Carolina. With a population of 31,493 people and eight constituent neighborhoods, Morrisville is the 35th largest community in North Carolina. Much of the housing stock in Morrisville was built relatively recently. The construction of new real estate can often be taken as an indication that the local Morrisville economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Morrisville, where the median household income is $106,891.00.
Morrisville home prices are not only among the most expensive in North Carolina, but Morrisville real estate also consistently ranks among the most expensive in America.
Also of interest is that Morrisville has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.43% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Morrisville, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the town.
Morrisville is a decent-sized town, yet no one gets to work using public transit, because the town has no real transit system.
If knowledge is power, Morrisville is a pretty powerful place. 71.49% of the adults in Morrisville have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Morrisville in 2018 was $49,318, which is wealthy relative to North Carolina and the nation. This equates to an annual income of $197,272 for a family of four.
Morrisville is an extremely ethnically-diverse town. The people who call Morrisville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Morrisville residents report their race to be Asian, followed by White. Important ancestries of people in Morrisville include German, Irish, English, Italian, and Egyptian.
Foreign born people are also an important part of Morrisville's cultural character, accounting for 35.21% of the town’s population.
The most common language spoken in Morrisville is English. Other important languages spoken here include Langs. of India and Other Asian languages.