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Kentucky · Census place 53418

Morehead, KY population, income and ZIP codes

Quick answer

The population of the city of Morehead, Kentucky (Morehead, KY — Census place “Morehead city”) is 6,924 residents, ranking #66 of 554 places in Kentucky. Median household income is $35,000, the median home is worth $176,300 and median gross rent runs $791 a month. Looking for the Morehead Kentucky ZIP code list? 1 ZIP codes serve Morehead, KY: 40351.

Population
6,924Morehead city residents
Median household income
$35,000Past 12 months, inflation adjusted
Median home value
$176,300Owner-occupied units
Median gross rent
$791Rent plus utilities, monthly
Median age
22 yrsAll residents
Homeownership rate
31.3%Owner-occupied households

Morehead ZIP codes (Kentucky)

Census ZCTAs whose delivery area overlaps Morehead.

The Morehead KY ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Morehead city

Housing cost measured against local earnings.

A household earning the Morehead city median would spend about 27.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 34.4% of residents and 31.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Morehead city, KY in context

How this area compares with national benchmarks.

Morehead city is a mid-size town in Kentucky, with 6,924 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #66 of 554 ranked by population — larger than 88% of them. The median age here is 22 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Morehead city earn a median of $35,000 a year, 55.4% below the national figure of $78,538 and 37% below the $55,469 median for the 246 Kentucky cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 34.4% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Morehead city is valued at $176,300, 41.9% below the national figure and 12% above the $157,200 peer median, while median gross rent runs $791 a month, 43.7% below the national figure, or roughly $9,492 across a full year. A household on the local median income would put about 27.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 31.3% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 22 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Kentucky.

More Kentucky coverage.

Frequently asked questions

Common questions about this area.

What is the population of Morehead city?
Morehead city has 6,924 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #66 of 554 in Kentucky.
What is the median household income in Morehead city?
Median household income in Morehead city is $35,000 a year, 55.4% below the national figure of $78,538.
How much does it cost to rent or buy in Morehead city?
Median gross rent is $791 a month and the median home value is $176,300, so rent absorbs about 27.1% of median household income.
Is Morehead city affordable compared with the rest of the US?
Homes cost about 5× the local median income here versus roughly 3.9× nationally, so Morehead city is less affordable to buy in than the typical US market, and rent takes 27.1% of median income against the 30% cost-burden line.
How current is this Morehead city data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.