Morgantown, MS
Population 917 · Mississippi
About Morgantown, MS
Morgantown is a small community located in Mississippi with a population of 917 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 48.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Morgantown features a median home value of $86,200, which is 65% below the national median of $244,900. This makes Morgantown one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $807, 31% below the national average of $1,163/month. Of the 557 total housing units, 77% are owner-occupied (369 units) and 23% are renter-occupied (112 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Morgantown shows an unemployment rate of 13.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 40.7%, above the national average of 12.4%. Workers in Morgantown have an average one-way commute time of 17.2 minutes, one of the shorter commutes in the region.
Education & Demographics
12.3% of Morgantown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.9% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 7.0% Asian residents, with 4.0% of the population being foreign-born.
Cost of Living in Morgantown, MS
Compared to national averages, Morgantown has a median household income of $0 (100% below the national median of $75,149). Home values average $86,200, which is 65% below the national median. Monthly rent at $807 is 31% below the US average of $1,163. Within Mississippi, Morgantown's income is 100% below the state average of $49,929, and home values are 31% below the state median of $125,705.
Why Live in Morgantown, MS?
Morgantown offers affordable housing with a median home value of $86,200, below the US average of $244,900, and rent that’s lower than the national average at $807/month, and short commute times averaging just 17.2 minutes.
Potential considerations include median household income ($0) 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 917 with a median age of 48.4 years. Compare Morgantown with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Morgantown
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beaumont | 917 | $80,302 | $260,100 | Compare |
| Woodville | 914 | $31,827 | $102,500 | Compare |
| De Kalb | 921 | $29,978 | $72,900 | Compare |
| Lambert | 926 | $28,793 | $59,700 | Compare |
| Edwards | 903 | $38,438 | $97,100 | Compare |
| Jonestown | 941 | $20,900 | $60,300 | Compare |
| Brooksville | 884 | $22,917 | $81,400 | Compare |
| Plantersville | 953 | $34,034 | $126,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
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, MS?
The population of Morgantown, MS is 917 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Morgantown?
The median household income in Morgantown, MS is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Morgantown?
The median home value in Morgantown, MS is $86,200, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morgantown?
The median monthly rent in Morgantown, MS is $807, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Morgantown?
The unemployment rate in Morgantown, MS is 13.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Morgantown, MS a good place to live?
Morgantown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 917 and a median age of 48.4, the city appeals to established professionals and retirees.
How educated is Morgantown, MS?
12.3% of residents in Morgantown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Morgantown?
Key cost-of-living indicators for Morgantown, MS: median home value is $86,200 (65% below national), median rent is $807/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Morgantown?
The poverty rate in Morgantown, MS is 40.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Morgantown, MS?
Morgantown's population is 8.9% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 7.0% Asian, and 63.9% two or more races. 4.0% of residents are foreign-born.