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ZipNumbers

Kentucky · Census place 53418

Morehead city, KY

Quick answer

Morehead city has 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.

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

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

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