Morgan Heights, CO
Population 261 · Colorado
About Morgan Heights, CO
Morgan Heights is a small community located in Colorado with a population of 261 residents according to the latest US Census Bureau American Community Survey data. The median household income is $142,083 per year, which is 89% above the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Morgan Heights features a median home value of $413,600, which is 69% above the national median of $244,900. This places Morgan Heights in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 87 total housing units, 100% are owner-occupied (87 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Morgan Heights shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Morgan Heights have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
53.3% of Morgan Heights residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.0% White, 3.8% Hispanic or Latino, 0.0% Black or African American, and 29.1% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Morgan Heights, CO
Compared to national averages, Morgan Heights has a median household income of $142,083 (89% above the national median of $75,149). Home values average $413,600, which is 69% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Morgan Heights's income is 61% above the state average of $88,514, and home values are 10% below the state median of $457,127.
Why Live in Morgan Heights, CO?
Morgan Heights offers a strong local economy with a median household income of $142,083, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 53.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.5%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $413,600. However, Morgan Heights’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morgan Heights has a population of 261 with a median age of 38.1 years. Compare Morgan Heights with other cities to see how it stacks up, or explore all cities in Colorado.
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Demographics
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Economy & Education
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Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morgan Heights
What is the population of Morgan Heights, CO?
The population of Morgan Heights, CO is 261 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Morgan Heights?
The median household income in Morgan Heights, CO is $142,083 per year, which is 89% above the national median of $75,149.
What is the median home value in Morgan Heights?
The median home value in Morgan Heights, CO is $413,600, which is 69% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morgan Heights?
The median monthly rent in Morgan Heights, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Morgan Heights?
The unemployment rate in Morgan Heights, CO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Morgan Heights, CO a good place to live?
Morgan Heights offers above-average incomes, a competitive housing market, and a strong job market. With a population of 261 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Morgan Heights, CO?
53.3% of residents in Morgan Heights aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Morgan Heights?
Key cost-of-living indicators for Morgan Heights, CO: median home value is $413,600 (69% above national), median rent is $0/month, and median household income is $142,083. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Morgan Heights?
The poverty rate in Morgan Heights, CO is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Morgan Heights, CO?
Morgan Heights's population is 5.0% White, 3.8% Hispanic or Latino, 0.0% Black or African American, 29.1% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.