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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

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