Kentucky · Census place 53472
Morganfield city, KY
Quick answer
Morganfield city has 3,208 residents, ranking #117 of 554 places in Kentucky. Median household income is $63,546, the median home is worth $116,100 and median gross rent runs $830 a month.
- Population
- 3,208Morganfield city residents
- Median household income
- $63,546Past 12 months, inflation adjusted
- Median home value
- $116,100Owner-occupied units
- Median gross rent
- $830Rent plus utilities, monthly
- Median age
- 41.9 yrsAll residents
- Homeownership rate
- 55.7%Owner-occupied households
What the numbers mean in Morganfield city
Housing cost measured against local earnings.
A household earning the Morganfield city median would spend about 15.7% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.7% of residents and 55.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Hodgenville city 3,262
- Crestview Hills city 3,226
- Stanton city 3,211
- Barbourville city 3,181
- Park Hills city 3,155
- Wilder city 3,148
- Simpsonville city 3,006
Keep going
More Kentucky coverage.