Morrilton is a city in Arkansas state in USA with a population of 6638 residents.. The poverty rate of Morrilton is 31.7%, which is 126% higher than national average. The typical household in Morrilton earns $33313 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 64.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Morrilton, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Morrilton remained 7.5%, which is 60% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Morrilton, only 15% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Morrilton is 78, which is 22% lower than national average. Median home value in Morrilton is $114000 , which is 50% lower than national average. While median income in Morrilton remained $33313, which is 51% lower than national average.