Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.7 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 23.4% ▲ 134% above avg |
| College Grads | 36.1% ≈ Avg |
| Unemployment | 5.4% ▲ 11% above avg |
| No HS Diploma | 182 (1.6%) |
| HS Graduate | 3,641 (31.8%) |
| Some College | 1,813 (15.9%) |
| Associates | 1,666 (14.6%) |
| Bachelors | 1,066 (9.3%) |
| Graduate Degree | 3,067 (26.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,110 ▼ 33% below avg |
|---|---|
| Median Home Value | $163,000 ▼ 42% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $775/mo |
| Total Housing Units | 9,497 |
| Vacant Units | 1,038 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morehead is a city in Kentucky, located in Rowan County. The city spans 1 ZIP code and is home to approximately 22,338 residents. It is a relatively young city, with a median age of 30.7 years.
Economically, Morehead is a working-class community. The median household income of $51,110 is below the national average. Approximately 23.4% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.
The real estate market in Morehead is an affordable housing market. Median home values stand at $163,000, which is below the national average. Renters typically pay around $775 per month. Homeownership is high at 62.8%, typical of suburban and family-oriented communities.
The population of Morehead is moderately educated. 36.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.03%).
Morehead, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40351 | 22,338 | $51,110 | $163,000 | $775 | 5.4% | 36.1% | 62.8% |