Morgan's Point, TX
Population 255 · Texas
About Morgan's Point, TX
Morgan's Point is a small community located in Texas with a population of 255 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 54.1 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 Morgan's Point features a median home value of $600,000, which is 145% above the national median of $244,900. This places Morgan's Point in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,114, 4% below the national average of $1,163/month. Of the 110 total housing units, 75% are owner-occupied (76 units) and 25% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Morgan's Point shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Morgan's Point have an average one-way commute time of 25.2 minutes.
Education & Demographics
38.4% of Morgan's Point 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 18.8% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.1% of the population being foreign-born.
How Morgan's Point Ranks in Texas
Cost of Living in Morgan's Point, TX
Compared to national averages, Morgan's Point has a median household income of $0 (100% below the national median of $75,149). Home values average $600,000, which is 145% above the national median. Monthly rent at $1,114 is 4% below the US average of $1,163. Within Texas, Morgan's Point's income is 100% below the state average of $72,726, and home values are 183% above the state median of $211,769.
Why Live in Morgan's Point, TX?
Morgan's Point offers rent that’s lower than the national average at $1,114/month, and a strong job market with an unemployment rate of just 0.8%, and a well-educated community where 38.4% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $600,000. However, Morgan's Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Morgan's Point has a population of 255 with a median age of 54.1 years. Compare Morgan's Point with other cities to see how it stacks up, or explore all cities in Texas.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Morgan's Point
What is the population of Morgan's Point, TX?
The population of Morgan's Point, TX is 255 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Morgan's Point?
The median household income in Morgan's Point, TX is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Morgan's Point?
The median home value in Morgan's Point, TX is $600,000, which is 145% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Morgan's Point?
The median monthly rent in Morgan's Point, TX is $1,114, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Morgan's Point?
The unemployment rate in Morgan's Point, TX is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Morgan's Point, TX a good place to live?
Morgan's Point offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 255 and a median age of 54.1, the city appeals to established professionals and retirees.
How educated is Morgan's Point, TX?
38.4% of residents in Morgan's Point aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Morgan's Point?
Key cost-of-living indicators for Morgan's Point, TX: median home value is $600,000 (145% above national), median rent is $1,114/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 Morgan's Point?
The poverty rate in Morgan's Point, TX is 13.2%, 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 Morgan's Point, TX?
Morgan's Point's population is 18.8% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.1% two or more races. 3.1% of residents are foreign-born.