Morgan, MN
Full City Profile · Minnesota · Brown County County
Morgan, MN
At a Glance
How Morgan Compares to the U.S. Average
Each bar shows Morgan's value as a percentage of the national average (100% = U.S. avg)
Is Morgan a Good Place to Live?
Economy & Jobs
Morgan residents earn a median household income of $58,750 , which is 22% below the national average of $75,149. Per capita income is $31,703. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 902 business establishments, including 66 restaurants.
Housing & Cost of Living
The median home value in Morgan is $105,900 , 62% below the national median of $281,900. Zillow estimates the typical home at $129,212. Median rent is $996/month, with 36.5% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1953.
Education
19.0% of adults in Morgan hold a bachelor's degree or higher (44% below the national average). 91.9% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Morgan has an average annual temperature of 45°F (7°C). Winters average 15°F in January while summers reach 73°F in July. Annual precipitation totals 28.0 inches.