At a Glance
Median Income
$53,816
$16,522 per capita
Home Value
$83,600
Zillow: $216,537
Median Rent
$799/mo
41.6% of income on rent
Bachelor's Degree+
1.1%
58.5% high school+
Unemployment
16.7%
25.2% poverty rate
Obesity Rate
39.1%
14.9% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Morgan a Good Place to Live?
C+
2.7 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Morgan residents earn a median household income of $53,816 , which is 28% below the national average of $75,149.
Per capita income is $16,522. The unemployment rate stands at 16.7% (364% above the U.S. rate of 3.6%). 25.2% of residents live below the poverty line. The area is home to 266 business establishments, including 42 restaurants.
Housing & Cost of Living
The median home value in Morgan is $83,600 , 70% below the national median of $281,900.
Zillow estimates the typical home at $216,537. Median rent is $799/month, with 41.6% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1983.
Education
1.1% of adults in Morgan hold a bachelor's degree or higher
(97% below the national average).
58.5% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Morgan has an average annual temperature of 66°F (19°C).
Winters average 46°F in January while summers reach 84°F in July. Annual precipitation totals 39.6 inches.
Data Overview
People
Population446
Median Age36.5 yrs
Density603/mi²
Male / Female52% / 48%
Foreign Born15.2%
Veterans1.5%
Economy
D
Median Income$53,816
Per Capita$16,522
Unemployment16.7%
Poverty25.2%
County GDP$1,718M
Avg Weekly Wage$1,461
Housing
A+
Home Value$83,600
Rent$799
Ownership66.2%
Zillow$216,537
Housing Units187
Rent Burden41.6%
Health
Obesity39.1%
Diabetes13.2%
Smoking14.9%
Heart Disease6.0%
Premature Death7,659/100K
Climate
Avg Temp66°F
Rain39.6 in/yr
Elevation739 ft
Education
F
Bachelor's+1.1%
High School+58.5%
Graduate+0.9%
School Score5.7/10
Community
2024 VoteR 85% / D 14%
Commute37 min
Broadband60.3%
Internet Speed50 Mbps
EV Stations1
Did You Know?
The median home in Morgan was built in 1983.
The nearest airport is Waco Regional (36 miles).
The Gini coefficient (income inequality) is 0.407 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
14.8% of the population has a disability.
15.2% of residents are foreign-born.
The county recorded 3 fatal vehicle crashes.
91 declared natural disasters on record.