Morehead, KY
Full City Profile · Kentucky · Rowan County County
2.8
/5.0
C+
Fair
6,924
Population
715/sq mi density
$35,000
Median Income
$22,215 per capita
$176,300
Home Value
$182,193 Zillow
$791
Median Rent
35.6% income on rent
55°F
Avg Temperature
297 sunny days/yr
90
Violent Crime/100K
2,146 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$35,000 median income, 3.4% unemployment
B+
Affordability
3.8 / 5.0
$176,300 home value, $791/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
B
Education
3.5 / 5.0
31.2% bachelor's degree or higher
Income Overview
Median Household Income
$35,000
53% below
US avg: $75,149
Per Capita Income
$22,215
43% below
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
18.5%
49% above
US avg: 12.4%
Income Comparison: Morehead vs. U.S. Average
Each bar shows Morehead’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$35,000
47%
Per Capita
US: $39,052
$22,215
57%
IRS Avg AGI
US: $72,000
$55,659
77%
Avg Weekly Wage
US: $1,432
$940
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$940
34% below US avg ($1,432)
Mean Commute Time
17 min
40% below US avg (28 min)
Work From Home
10.0%
34% below US avg (15.2%)
Drive Alone
63.0%
14% below US avg (73.2%)
Public Transit
0.0%
99% below US avg (5.0%)
County GDP
$1,068M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
63%
Public Transit
0%
Work From Home
10%
Other
27%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
808
Restaurants
57
Healthcare
99
Retail
106
Manufacturing
24
Tax & Financial
IRS Avg Adjusted Gross Income
$55,659
23% below US avg ($72,000)
Avg Property Tax
$2,405
31% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $35,000 |
| Per Capita Income | $22,215 |
| IRS Avg Adjusted Gross Income | $55,659 |
| Avg Weekly Wage | $940 |
| County GDP | $1,068M |
Hardship Indicators
| Unemployment Rate | 3.4% |
| Poverty Rate | 18.5% |
| Gini Coefficient | 0.523 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 63.0% |
| Public Transit | 0.0% |
| Work From Home | 10.0% |
Businesses
| Total Establishments | 808 |
| Restaurants | 57 |
| Healthcare | 99 |
| Retail | 106 |
| Manufacturing | 24 |
Tax
| IRS Avg AGI | $55,659 |
| Avg Property Tax | $2,405 |
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