Morgantown, PA
Population 1,340 · Pennsylvania
About Morgantown, PA
Morgantown is a small town located in Pennsylvania with a population of 1,340 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,673 per year, which is 2% above the national median of $75,149. The median age of 42.1 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 $243,100, which is 1% below the national median of $244,900. This positions Morgantown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,284, 10% above the national average of $1,163/month. Of the 611 total housing units, 76% are owner-occupied (414 units) and 24% are renter-occupied (131 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Morgantown shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Morgantown have an average one-way commute time of 32.2 minutes.
Education & Demographics
31.8% of Morgantown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Morgantown, PA
Compared to national averages, Morgantown has a median household income of $76,673 (2% above the national median of $75,149). Home values average $243,100, which is 1% below the national median. Monthly rent at $1,284 is 10% above the US average of $1,163. Within Pennsylvania, Morgantown's income is 4% above the state average of $73,376, and home values are 27% above the state median of $190,903.
Why Live in Morgantown, PA?
Morgantown offers a strong local economy with a median household income of $76,673, well above the national average, and affordable housing with a median home value of $243,100, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a low poverty rate of 12.3%, better than the national average.
Morgantown has a population of 1,340 with a median age of 42.1 years. Compare Morgantown with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Morgantown
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hiller | 1,340 | $90,898 | $128,900 | Compare |
| Salix | 1,339 | $64,333 | $145,100 | Compare |
| Pen Mar | 1,338 | $117,010 | $264,100 | Compare |
| Simpson | 1,343 | $46,979 | $123,600 | Compare |
| Avis | 1,335 | $61,618 | $153,000 | Compare |
| Hasson Heights | 1,335 | $65,750 | $104,400 | Compare |
| Shoemakersville | 1,334 | $75,050 | $169,900 | Compare |
| Flemington | 1,351 | $48,661 | $147,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Morgantown, PA is 1,340 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Morgantown?
The median household income in Morgantown, PA is $76,673 per year, which is 2% above the national median of $75,149.
What is the median home value in Morgantown?
The median home value in Morgantown, PA is $243,100, which is 1% 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, PA is $1,284, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Morgantown?
The unemployment rate in Morgantown, PA is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Morgantown, PA a good place to live?
Morgantown offers above-average incomes, affordable housing, and a strong job market. With a population of 1,340 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Morgantown, PA?
31.8% 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, PA: median home value is $243,100 (1% below national), median rent is $1,284/month, and median household income is $76,673. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Morgantown?
The poverty rate in Morgantown, PA is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Morgantown, PA?
Morgantown's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.7% of residents are foreign-born.