Kentucky · Census place 53490
Morgantown city, KY
Quick answer
Morgantown city has 2,729 residents, ranking #135 of 554 places in Kentucky. Median household income is $37,037, the median home is worth $111,400 and median gross rent runs $582 a month.
- Population
- 2,729Morgantown city residents
- Median household income
- $37,037Past 12 months, inflation adjusted
- Median home value
- $111,400Owner-occupied units
- Median gross rent
- $582Rent plus utilities, monthly
- Median age
- 36.3 yrsAll residents
- Homeownership rate
- 35.3%Owner-occupied households
What the numbers mean in Morgantown city
Housing cost measured against local earnings.
A household earning the Morgantown city median would spend about 18.9% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 34.1% of residents and 35.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Lakeside Park city 2,827
- Irvine city 2,811
- Russell Springs city 2,755
- Eminence city 2,710
- Pioneer Village city 2,690
- Thruston CDP 2,675
- Tompkinsville city 2,672
Keep going
More Kentucky coverage.