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Morgan City, LA
Full City Profile · Louisiana · Assumption Parish County
2.9
/5.0
C+
Fair
11,208
Population
1,874/sq mi density
$56,729
Median Income
$30,452 per capita
$146,100
Home Value
$127,827 Zillow
$861
Median Rent
30.8% income on rent
70°F
Avg Temperature
314 sunny days/yr
324
Violent Crime/100K
3,386 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$56,729 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$146,100 home value, $861/mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Housing Overview
Median Home Value
$146,100
48% below
US avg: $281,900
Median Rent
$861/mo
26% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
5,553
Median year built: 1966
Home Value by Source
Census Median
$146,100
Zillow (ZHVI)
$127,827
Median Sale Price
$137,000
Median List Price
$219,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent:
$861/mo
Market Indicators (Redfin)
Median Days on Market
59 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.9%
of listings with price reduction
Price Per Sq Ft
$107
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $146,100 |
| Zillow Home Value (ZHVI) | $127,827 |
| Median Sale Price | $137,000 |
| Median List Price | $219,000 |
| Price Per Sq Ft | $107 |
Rent
| Census Median Rent | $861 |
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
| Days on Market | 59 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.9% |
| Homes Sold | 2 |
| Active Inventory | 27 |
| Price Per Sq Ft | $107 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 5,553 |
| Median Year Built | 1966 |
| Rent Burden | 30.8% |