Morgan, MN
Population 862 · Minnesota
About Morgan, MN
Morgan is a small community in Minnesota with a population of 862 residents. The median household income is $58,750 per year, which is near the national average. The median age in Morgan is 41.9 years.
Housing in Morgan has a median home value of $105,900 and median monthly rent of $996. Of the 374 total housing units, the majority are owner-occupied, with 261 owner-occupied and 76 renter-occupied units.
The unemployment rate in Morgan is 0.0% and the poverty rate is 9.9%. 19.0% of residents hold a bachelor's degree or higher. The average commute time is 25.7 minutes.
Cost of Living in Morgan, MN
Compared to national averages, Morgan has a median household income of $58,750 (22% below the national median of $75,149). Home values average $105,900, which is 57% below the national median. Monthly rent at $996 is 14% below the US average of $1,163. Within Minnesota, Morgan's income is 21% below the state average of $74,221, and home values are 48% below the state median of $204,472.
Why Live in Morgan, MN?
Morgan offers affordable housing with a median home value of $105,900, below the US average of $244,900, and rent that’s lower than the national average at $996/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.9%, better than the national average.
Potential considerations include median household income ($58,750) that falls below the national average. However, Morgan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morgan has a population of 862 with a median age of 41.9 years. Compare Morgan with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Morgan
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dover | 863 | $112,500 | $281,300 | Compare |
| Brownsdale | 860 | $76,500 | $137,600 | Compare |
| Lamberton | 864 | $59,330 | $87,000 | Compare |
| Grove City | 858 | $49,922 | $133,000 | Compare |
| Walker | 858 | $35,847 | $240,200 | Compare |
| Clarkfield | 868 | $57,232 | $86,400 | Compare |
| Courtland | 844 | $105,625 | $250,000 | Compare |
| Gibbon | 880 | $53,148 | $98,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morgan
What is the population of Morgan, MN?
The population of Morgan, MN is 862 according to the latest Census data.
What is the median household income in Morgan?
The median household income in Morgan, MN is $58,750 per year.
What is the median home value in Morgan?
The median home value in Morgan, MN is $105,900.
What is the average rent in Morgan?
The median monthly rent in Morgan, MN is $996.
What is the unemployment rate in Morgan?
The unemployment rate in Morgan, MN is 0.0%.