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Morgan, UT

Full City Profile · Utah · Morgan County County

3.5 /5.0
B+ Good
4,268 Population 1,399/sq mi density
$114,102 Median Income $37,244 per capita
$463,100 Home Value $728,883 Zillow
$1,258 Median Rent 18.8% income on rent
48°F Avg Temperature 316 sunny days/yr
71 Violent Crime/100K 1,228 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$114,102 median income, 1.7% unemployment
A
Affordability
4.4 / 5.0
$463,100 home value, $1,258/mo rent
F
Safety
1.0 / 5.0
71 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher

Housing Overview

Median Home Value
$463,100
64% above
US avg: $281,900
Median Rent
$1,258/mo
8% above
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
1,182
Median year built: 1994

Home Value by Source

Census Median
$463,100
Zillow (ZHVI)
$728,883
Median Sale Price
$462,000
Median List Price
$558,449
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.6%
Owner-Occupied
17.4%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,208/mo
1 Bedroom
$1,281/mo
2 Bedroom
$1,614/mo
3 Bedroom
$2,163/mo
4 Bedroom
$2,612/mo
Census median rent: $1,258/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
82.6%

Complete Housing Data

Home Values

Census Median Value$463,100
Zillow Home Value (ZHVI)$728,883
Median Sale Price$462,000
Median List Price$558,449
Price Per Sq Ft$200

Rent

Census Median Rent$1,258
FMR Studio$1,208
FMR 1-Bedroom$1,281
FMR 2-Bedroom$1,614
FMR 3-Bedroom$2,163
FMR 4-Bedroom$2,612

Market

Days on Market80
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold6
Active Inventory12
Price Per Sq Ft$200

Ownership & Stock

Owner-Occupied82.6%
Renter-Occupied17.4%
Homeownership Rate82.6%
Total Housing Units1,182
Median Year Built1994
Rent Burden18.8%