Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.7 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 11.3% ▲ 13% above avg |
| College Grads | 24.2% ▼ 38% below avg |
| Unemployment | 8.9% ▲ 81% above avg |
| No HS Diploma | 11 (0.8%) |
| HS Graduate | 524 (36.5%) |
| Some College | 233 (16.2%) |
| Associates | 319 (22.2%) |
| Bachelors | 145 (10.1%) |
| Graduate Degree | 202 (14.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,054 ▼ 10% below avg |
|---|---|
| Median Home Value | $203,400 ▼ 27% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,000/mo |
| Total Housing Units | 1,158 |
| Vacant Units | 358 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Morgan is a city in Texas, located in Bosque County. The city spans 1 ZIP code and is home to approximately 1,976 residents. It is a mature city, with a median age of 54.7 years.
Economically, Morgan is a solidly middle-class community. The median household income of $69,054 is near the national average. Approximately 11.3% of residents live below the poverty line. The unemployment rate is 8.9%, significantly above the national average.
The real estate market in Morgan is an affordable housing market. Median home values stand at $203,400, which is below the national average. Renters typically pay around $1,000 per month. Homeownership is high at 84.0%, typical of suburban and family-oriented communities.
The population of Morgan is less-educated. 24.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (76.87%).
Morgan, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 76671 | 1,976 | $69,054 | $203,400 | $1,000 | 8.9% | 24.2% | 84.0% |