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Morley, MI Profile: Facts & Data

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Morley, Michigan - Basic Facts

The Village of Morley had a population of 514 as of July 1, 2024.

The primary coordinate point for Morley is located at latitude 43.4909 and longitude -85.4439 in Mecosta County. The formal boundaries for the Village of Morley encompass a land area of 0.89 sq. miles and a water area of 0.09 sq. miles. Mecosta County is in the Eastern time zone (GMT -5).

The Village of Morley has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Morley is located within Township of Aetna, a minor civil division (MCD) of Mecosta County.


Jump to... (On This Page!)
  1. Morley 2024 Demographic Data
  2. Growth Rates for Morley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2024 Demographics
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Morley, MI Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 514 (100%)
Population in Households 514 (100.0%)
Population in Families 402 (78.2%)
Population in Group Quarters1 0
Population Density 574
Diversity Index2 18
 
 

INCOME

Median Household Income $46,413
Average Household Income $70,422
% of Income for Mortgage4 18%
Per Capita Income $26,991
Wealth Index5 62
Socioeconomic Status Index6 Low (37.9)
 

HOUSING

Total HU (Housing Units) 216 (100%)
Owner Occupied HU 158 (73.1%)
Renter Occupied HU 39 (18.1%)
Vacant Housing Units 19 ( 8.8%)
Median Home Value $135,484
Average Home Value $146,203
Housing Affordability Index3 132
 

HOUSEHOLDS

Total Households 197
Average Household Size 2.61
Family Households 133
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.14% -0.55%
Households 0.36% 0.00%
Families   -0.92%
Median Household Income   1.17%
Per Capita Income   4.04%
Owner Occupied HU   0.38%

Morley, MI - Peer Comparisons by Rank and Percentile

The table below compares Morley to the other 745 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 541 28th
Population Density # 494 34th
Median Household Income # 657 12th
Housing Affordability Index # 462 62nd
Per Capita Income # 643 14th
Diversity Index # 553 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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