Morehead, KY
Population 6,924 · Kentucky
About Morehead, KY
Morehead is a small community in Kentucky with a population of 6,924 residents. The median household income is $35,000 per year, which is below the national average. The median age in Morehead is 22 years.
Housing in Morehead has a median home value of $176,300 and median monthly rent of $791. Of the 2,009 total housing units, renting is more common than owning, with 561 owner-occupied and 1,229 renter-occupied units.
The unemployment rate in Morehead is 6.1% and the poverty rate is 34.4%. 31.2% of residents hold a bachelor's degree or higher. The average commute time is 16.5 minutes.
Cost of Living in Morehead, KY
Compared to national averages, Morehead has a median household income of $35,000 (53% below the national median of $75,149). Home values average $176,300, which is 28% below the national median. Monthly rent at $791 is 32% below the US average of $1,163. Within Kentucky, Morehead's income is 47% below the state average of $66,273, and home values are 3% below the state median of $182,504.
Why Live in Morehead, KY?
Morehead offers affordable housing with a median home value of $176,300, below the US average of $244,900, and rent that’s lower than the national average at $791/month, and short commute times averaging just 16.5 minutes.
Potential considerations include median household income ($35,000) that falls below the national average. However, Morehead’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morehead has a population of 6,924 with a median age of 22 years. Compare Morehead with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Morehead
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Taylor Mill | 6,880 | $83,210 | $224,500 | Compare |
| Vine Grove | 6,721 | $74,786 | $213,500 | Compare |
| Hebron | 6,637 | $101,980 | $216,400 | Compare |
| Russellville | 7,244 | $47,875 | $156,000 | Compare |
| Flatwoods | 7,281 | $60,467 | $112,200 | Compare |
| Highland Heights | 6,531 | $52,437 | $148,600 | Compare |
| Villa Hills | 7,378 | $108,750 | $339,800 | Compare |
| Leitchfield | 6,434 | $47,168 | $156,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morehead
What is the population of Morehead, KY?
The population of Morehead, KY is 6,924 according to the latest Census data.
What is the median household income in Morehead?
The median household income in Morehead, KY is $35,000 per year.
What is the median home value in Morehead?
The median home value in Morehead, KY is $176,300.
What is the average rent in Morehead?
The median monthly rent in Morehead, KY is $791.
What is the unemployment rate in Morehead?
The unemployment rate in Morehead, KY is 6.1%.