HomeNorth CarolinaWake CountyMorrisville town
Morrisville town, North Carolina: commercial real estate data.
Morrisville town is a Census town of 31,422 people across 9.17 square miles of land, in Wake County. Median household income is $125,396, 45.4 percent of occupied homes are owned, and the SBA record carries 55 7(a) approvals to borrowers here worth $33.7 m.
80 sourced place values · tier FULL · 9 sections
Morrisville
What Morrisville is
- Census place typetown
- Land area9.17 sq mi
- Water area0.06 sq mi
- Population per square mile of land3,425
- County holding the largest share of its areaWake County, 99.2 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morrisville
How many people live in Morrisville
- Population31,422
- Median age35.2
- Population under 187,218
- Share under 1823.0 percent
- Population 65 and over2,174 plus or minus 464
- Share 65 and over6.9 percent plus or minus 1.5
- Households12,300
- Family households8,026
- Share of households that are families65.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morrisville
Income and work in Morrisville
- Median household income$125,396
- Per capita income$58,502
- Civilian labor force18,749
- Employed18,126
- Unemployed623 plus or minus 223
- Unemployment rate3.3 percent plus or minus 1.2
- Adults 25 and over21,729
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher72.7 percent
- Adults 25 and over with a graduate degree34.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morrisville
Housing in Morrisville
- Housing units13,506
- Occupied units12,300
- Vacant units1,206 plus or minus 387
- Vacancy rate8.9 percent plus or minus 2.8
- Owner occupied5,588
- Renter occupied6,712
- Ownership rate45.4 percent
- Median owner-occupied home value$518,800
- Median gross rent, monthly$1,858
- Annual rent as a share of median income17.8 percent
- Single family units7,576
- Share single family56.1 percent
- Units in buildings of two or more5,846
- Share in buildings of two or more43.3 percent
- Mobile homes84 plus or minus 39
- Median year structure built2007
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morrisville
How Morrisville gets to work
- Workers 16 and over who commute10,754
- Commuting under 15 minutes3,169
- Share commuting under 15 minutes29.5 percent
- Commuting 30 minutes or more2,494
- Share commuting 30 minutes or more23.2 percent
- Drove alone52.0 percent
- Carpooled5.5 percent plus or minus 1.8
- Public transport0.3 percent plus or minus 0.5
- Walked0.2 percent plus or minus 0.2
- Worked from home39.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morrisville
SBA 7(a) lending to Morrisville borrowers
- Approvals55
- Gross approval$33,736,900
- Average approval$613,398
- Median approval$332,000
- Ninetieth percentile approval$1,255,000
- Largest approval$5,000,000
- Jobs supported486
- Jobs per approval8.8
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.5 percent
- Share to franchises36.4 percent
- Distinct lenders29
- Distinct industries by NAICS32
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morrisville
SBA 504 lending to Morrisville borrowers
- Approvals14
- Gross approval$12,011,000
- Average approval$857,929
- Median approval$581,000
- Largest approval$2,624,000
- Jobs supported169
- Loans with a final outcome6
- Charged off1
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morrisville
Flood programme status in Morrisville
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370242
- Currently effective map date07/19/22
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wake County, not Morrisville
Wake County context, not Morrisville figures
These are Wake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Morrisville measurements.
- Establishments in Wake County33,873
- Employment at those establishments, Wake County556,250
- Covered employment, Wake County653,153
- Average annual pay, Wake County$76,807
- Average weekly wage, Wake County$1,477
- Housing units permitted, Wake County15,248
- Of those, single family, Wake County9,620
- County product, 2024, Wake County$128,428,188,000
- County product change over the prior year, Wake County6.5 percent
- Average income of an arriving household, Wake County$88,162
Every figure in this section is published for Wake County as a whole and is not a measurement of Morrisville. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Morrisville questions, answered from the record.
How many people live in Morrisville, North Carolina?
31,422, in 12,300 households. Morrisville town covers 9.17 square miles of land, which is 3,425 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Morrisville in?
Wake County, which holds 99.2 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Morrisville?
$125,396. The median owner-occupied home is valued at $518,800. Median gross rent is $1,858 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Morrisville businesses?
55 7(a) approvals totalling $33.7 m, across 29 lenders, median approval $332,000, plus 14 504 approvals worth $12.0 m. These count approvals to borrowers whose address is in Morrisville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Morrisville borrowers get paid back?
No rate is published for Morrisville. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Morrisville in the National Flood Insurance Program?
Yes. Morrisville appears in the FEMA Community Status Book as community 370242, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Morrisville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Morrisville.
Is zoning published for Morrisville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.