Morgantown
Morgantown has notably lower household income than the US average, with a median household income of $30,234. Population has held roughly steady since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $86,800. The poverty rate of 32.3% is well above the national figure. Households here earn about 42% less than the Kentucky median.
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How many people live in Morgantown, Kentucky?
Morgantown, Kentucky has about 2,505 residents according to the 2020 American Community Survey.
What is the median household income in Morgantown, Kentucky?
The typical household in Morgantown, Kentucky earns about $30,234 a year. Half of households make more than that, and half make less.
Is Morgantown, Kentucky expensive?
In Morgantown, Kentucky, the median home is worth about $86,800, and the typical rent is about $530 a month.
How educated are people in Morgantown, Kentucky?
About 11.5% of adults age 25 and over in Morgantown, Kentucky hold a bachelor's degree or higher.
What is the poverty rate in Morgantown, Kentucky?
About 32.3% of people in Morgantown, Kentucky live below the federal poverty line.
Has Morgantown, Kentucky grown since 1990?
Yes, Morgantown, Kentucky has grown since 1990. The population has added about 243 residents, a change of about 11 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024