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ZipNumbers

Minnesota · Census place 44116

Morgan city, MN

Quick answer

Morgan city has 862 residents, ranking #384 of 914 places in Minnesota. Median household income is $58,750, the median home is worth $105,900 and median gross rent runs $996 a month.

Population
862Morgan city residents
Median household income
$58,750Past 12 months, inflation adjusted
Median home value
$105,900Owner-occupied units
Median gross rent
$996Rent plus utilities, monthly
Median age
41.9 yrsAll residents
Homeownership rate
77.4%Owner-occupied households

What the numbers mean in Morgan city

Housing cost measured against local earnings.

A household earning the Morgan city median would spend about 20.3% 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 9.9% of residents and 77.4% 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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