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According to statistics, the population in Morrilton, AR amounts to 6,663, which shows decline -1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $29,953, shifting growth 8% from the past year, and the average property value in Morrilton, AR growth 1% to $94,300 throughout the year.
|Number Of Employees||2,700|
|Median Property Value||$94,300|
The average household income in Morrilton, AR grew from $27,750 to $29,953 in the past year. This data is an estimate based upon 2,676 households in Morrilton, AR . The chart below presents how household income is distributed in Morrilton, AR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Morrilton, AR shifted from $93,100 to $94,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Morrilton, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Morrilton, AR properties falls in the '$80,000 to $89,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Morrilton, AR compared to median property taxes around the country. The prevalent amount of property taxes in Morrilton, AR equals $800, which is less than the national average.
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