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Morgan, TX
Full City Profile · Texas · Somervell County County
2.3
/5.0
C
Fair
446
Population
603/sq mi density
$53,816
Median Income
$16,522 per capita
$83,600
Home Value
$205,152 Zillow
$799
Median Rent
41.6% income on rent
65°F
Avg Temperature
330 sunny days/yr
119
Violent Crime/100K
1,191 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$53,816 median income, 8.3% unemployment
A+
Affordability
5.0 / 5.0
$83,600 home value, $799/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
F
Education
1.1 / 5.0
1.1% bachelor's degree or higher
Housing Overview
Median Home Value
$83,600
70% below
US avg: $281,900
Median Rent
$799/mo
31% below
US avg: $1,163/mo
Homeownership Rate
66.2%
1% above US avg (65.4%)
Total Housing Units
187
Median year built: 1983
Home Value by Source
Census Median
$83,600
Zillow (ZHVI)
$205,152
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.2%
Owner-Occupied
33.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$799/mo
Affordability & Housing Stock
Rent Burden
41.6%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
66.2%
Complete Housing Data
Home Values
| Census Median Value | $83,600 |
| Zillow Home Value (ZHVI) | $205,152 |
Rent
| Census Median Rent | $799 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 66.2% |
| Renter-Occupied | 33.8% |
| Homeownership Rate | 66.2% |
| Total Housing Units | 187 |
| Median Year Built | 1983 |
| Rent Burden | 41.6% |