Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.3 yrs |
|---|---|
| Avg HH Size | 2.67 |
| Below Poverty | 18.6% ▲ 86% above avg |
| College Grads | 19.7% ▼ 49% below avg |
| Unemployment | 4.2% ▼ 14% below avg |
| No HS Diploma | 37 (0.6%) |
| HS Graduate | 2,693 (46.6%) |
| Some College | 1,262 (21.8%) |
| Associates | 653 (11.3%) |
| Bachelors | 449 (7.8%) |
| Graduate Degree | 688 (11.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,219 ▼ 35% below avg |
|---|---|
| Median Home Value | $106,700 ▼ 62% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $643/mo |
| Total Housing Units | 4,168 |
| Vacant Units | 592 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morgantown is a city in Kentucky, located in Butler County. The city spans 1 ZIP code and is home to approximately 9,725 residents. It is a middle-aged city, with a median age of 40.3 years.
Economically, Morgantown is a working-class community. The median household income of $49,219 is below the national average. Approximately 18.6% of residents live below the poverty line. The unemployment rate is 4.2%, near the national average.
The real estate market in Morgantown is one of the more affordable housing markets in the country. Median home values stand at $106,700, which is well below the national average. Renters typically pay around $643 per month. Homeownership is high at 69.4%, typical of suburban and family-oriented communities.
The population of Morgantown is less-educated. 19.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.14%).
Morgantown, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 42261 | 9,725 | $49,219 | $106,700 | $643 | 4.2% | 19.7% | 69.4% |