Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs |
|---|---|
| Avg HH Size | 2.36 |
| Below Poverty | 22.2% ▲ 122% above avg |
| College Grads | 30.8% ▼ 21% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 39 (0.9%) |
| HS Graduate | 1,849 (40.4%) |
| Some College | 463 (10.1%) |
| Associates | 817 (17.8%) |
| Bachelors | 769 (16.8%) |
| Graduate Degree | 641 (14%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,464 ▼ 16% below avg |
|---|---|
| Median Home Value | $126,900 ▼ 54% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $827/mo |
| Total Housing Units | 3,108 |
| Vacant Units | 428 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morganfield is a city in Kentucky, located in Union County. The city spans 1 ZIP code and is home to approximately 7,250 residents. It is a middle-aged city, with a median age of 39.4 years.
Economically, Morganfield is a solidly middle-class community. The median household income of $64,464 is below the national average. Approximately 22.2% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Morganfield is one of the more affordable housing markets in the country. Median home values stand at $126,900, which is well below the national average. Renters typically pay around $827 per month. Homeownership is high at 66.9%, typical of suburban and family-oriented communities.
The population of Morganfield is moderately educated. 30.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (84.44%).
Morganfield, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 42437 | 7,250 | $64,464 | $126,900 | $827 | 3.3% | 30.8% | 66.9% |