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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 Rate3.4%
Poverty Rate18.5%
Gini Coefficient0.523
Cost of Living Index90.2

Commute

Mean Commute17 minutes
Drive Alone63.0%
Public Transit0.0%
Work From Home10.0%

Businesses

Total Establishments808
Restaurants57
Healthcare99
Retail106
Manufacturing24

Tax

IRS Avg AGI$55,659
Avg Property Tax$2,405