Morgantown, KY
Population 2,729 · Kentucky
About Morgantown, KY
Morgantown is a small community in Kentucky with a population of 2,729 residents. The median household income is $37,037 per year, which is below the national average. The median age in Morgantown is 36.3 years.
Housing in Morgantown has a median home value of $111,400 and median monthly rent of $582. Of the 1,101 total housing units, renting is more common than owning, with 348 owner-occupied and 638 renter-occupied units.
The unemployment rate in Morgantown is 9.8% and the poverty rate is 34.1%. 6.5% of residents hold a bachelor's degree or higher. The average commute time is 23.7 minutes.
How Morgantown Ranks in Kentucky
Cost of Living in Morgantown, KY
Compared to national averages, Morgantown has a median household income of $37,037 (51% below the national median of $75,149). Home values average $111,400, which is 55% below the national median. Monthly rent at $582 is 50% below the US average of $1,163. Within Kentucky, Morgantown's income is 44% below the state average of $66,273, and home values are 39% below the state median of $182,504.
Why Live in Morgantown, KY?
Morgantown offers affordable housing with a median home value of $111,400, below the US average of $244,900, and rent that’s lower than the national average at $582/month, and short commute times averaging just 23.7 minutes.
Potential considerations include median household income ($37,037) that falls below the national average. However, Morgantown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morgantown has a population of 2,729 with a median age of 36.3 years. Compare Morgantown with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Morgantown
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eminence | 2,710 | $44,655 | $171,300 | Compare |
| Russell Springs | 2,755 | $37,500 | $170,300 | Compare |
| Pioneer Village | 2,690 | $79,566 | $233,400 | Compare |
| Thruston | 2,675 | $83,707 | $160,300 | Compare |
| Tompkinsville | 2,672 | $37,405 | $86,100 | Compare |
| Hartford | 2,653 | $61,313 | $103,800 | Compare |
| Cadiz | 2,649 | $40,186 | $120,800 | Compare |
| Irvine | 2,811 | $36,292 | $123,400 | 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.
Compare Morgantown With Other Cities
Frequently Asked Questions about Morgantown
What is the population of Morgantown, KY?
The population of Morgantown, KY is 2,729 according to the latest Census data.
What is the median household income in Morgantown?
The median household income in Morgantown, KY is $37,037 per year.
What is the median home value in Morgantown?
The median home value in Morgantown, KY is $111,400.
What is the average rent in Morgantown?
The median monthly rent in Morgantown, KY is $582.
What is the unemployment rate in Morgantown?
The unemployment rate in Morgantown, KY is 9.8%.