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Morganfield, KY
Full City Profile · Kentucky · Union County County
3.1
/5.0
B
Good
3,208
Population
1,142/sq mi density
$63,546
Median Income
$38,149 per capita
$116,100
Home Value
$153,590 Zillow
$830
Median Rent
21.4% income on rent
57°F
Avg Temperature
305 sunny days/yr
59
Violent Crime/100K
1,447 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,546 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$116,100 home value, $830/mo rent
F
Safety
1.0 / 5.0
59 violent crimes/100K
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher
Housing Overview
Median Home Value
$116,100
59% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
55.7%
15% below US avg (65.4%)
Total Housing Units
1,720
Median year built: 1967
Home Value by Source
Census Median
$116,100
Zillow (ZHVI)
$153,590
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.7%
Owner-Occupied
44.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$830/mo
Affordability & Housing Stock
Rent Burden
21.4%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
55.7%
Complete Housing Data
Home Values
| Census Median Value | $116,100 |
| Zillow Home Value (ZHVI) | $153,590 |
Rent
| Census Median Rent | $830 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
Ownership & Stock
| Owner-Occupied | 55.7% |
| Renter-Occupied | 44.3% |
| Homeownership Rate | 55.7% |
| Total Housing Units | 1,720 |
| Median Year Built | 1967 |
| Rent Burden | 21.4% |