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76

Town Center Plan

January 2007

Appendix 4

Table 1.

SELECTED DEMOGRAPHIC CHARACTERISTICS,

MORRISVILLE, NC

Factor

Number

Note

Population

1980

251

1990

1,489

493% Growth 1980-1990

2000

5,208

250% Growth 1990-2000

2004

11,915

129% Growth 2000-2004

Foreign Born (00)

737

14.2% Primarily Asian/Indian

BA or Higher (00)

1,960

55.5% Versus 24.4% nationally

Housing (00)

Households

2,476

2.1 Ave Household Size

Housing Units

3,210

69.7% Renter occupied

Vacant Units

734

22.9% New, not yet occupied

Sources:

U.S. Bureau of the Census and Randall Gross /

Development Economics.

The population is also characterized by its youth, with a median age of 30 as compared with 35 nationally.

Only 4.0% of the population was over the age of 65 in 2000, versus 12.4% nationwide. The area is

represented by a large number of young, married couples with small families. The average household

size (2000) was 2.1, versus 2.6 nationally. This may have changed by 2006 as the area matures and the

young couples who move to Morrisville see their families grow.

The area had a high percentage of renters in 2000 (almost 70% renter occupied), mainly because multi-

family units were among the first large housing developments in the town. Singles and young couples

have relocated to Morrisville for their jobs and at first, they tend to live in rental housing until they know

the area and are ready to purchase. Information collected for this planning effort suggests that many of

the renters eventually chose to stay in Morrisville because it is a very attractive location proximate to the

employment base and with very good (Wake County) schools.

In 2000, almost 23% of the town’s 3,200 housing units were vacant. However, this number is indicative

of the rapid housing growth in the town. Since the Census was a “snapshot” during a growth period for

Morrisville, it captured a period when new housing units were built and perhaps pre-sold or pre-leased,

but not yet occupied.