Morgantown, IN

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Morgantown, IN: Quick Facts & Overview

  • Population: 1,308 residents (959 people per sq. mi.)
  • Average House Price: $132,838
  • Average Household Income: $54,007

Morgantown, IN is located in the state of Indiana. It is home to about 1,308 people, with around 959 residents living in every square mile.

If you want to buy a house in Morgantown, the average price is around $132,838. That makes local housing 32% lower than the Indiana average of $195,725, and 57% lower than the national average of $308,592.

The average household in Morgantown earns about $54,007 a year. This income is 27% lower than the average family in Indiana ($73,687), and 31% lower than the national average ($78,686).

Population 1,308
Median Household Income $54,007
Median Home Value $132,838
Median Age 34.9 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$30,337
Labor Force Participation63.4%
Unemployment Rate16.0%
Average Commute Time38.2 mins

Housing & Community Metrics

Home Ownership Rate74.1%
Median Rent$908
Rent Burdened (>30% Income)31.9%
Total Housing Units471

Additional Census & Housing Profile

Geographic Overview

CountyMorgan
County FIPS18109
Metro Area (CBSA)Indianapolis-Carmel-Greenwood, IN
Combined Area (CSA)Indianapolis-Carmel-Muncie, IN
Population Density958.8/sq mi
Coordinates (lat/lng)39.3730, -86.2584
TimezoneAmerica/Indiana/Indianapolis
National Ranking3
IncorporatedYes

Household Structure

Average Family Size3.24
Dual Income Families58.6%

Marital Status

Married46.9%
Never Married22.8%
Divorced24.4%
Widowed5.9%

Gender

Male45.3%
Female54.7%

Health & Poverty

Uninsured Rate (Health)7.2%
Poverty Rate15.0%

Key Population Groups

Veterans5.8%
Disabled Population14.7%
Limited English Proficiency-

All ZIP Codes in Morgantown

ZIP Code Population Median Household Income Median Home Value
46160 6,514 $76,445 $247,165

Nearby Cities

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Freetown, IN 28.2 miles 277
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Amo, IN 28.9 miles 417
Geneva, IN 28.9 miles 265
Elizabethtown, IN 29 miles 372
Speedway, IN 29.1 miles 13,968
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Stanford, IN 29.3 miles 472
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Judah, IN 32.2 miles 157
Waldron, IN 32.3 miles 606
Grammer, IN 32.3 miles 336
Brownsburg, IN 32.5 miles 31,215
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Reddington, IN 32.7 miles 199
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Fillmore, IN 33.4 miles 895
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