At a Glance
Median Income
$68,125
$39,364 per capita
Home Value
$225,000
Zillow: $489,760
Median Rent
$614/mo
17.5% of income on rent
Bachelor's Degree+
16.0%
91.3% high school+
Unemployment
2.1%
12.0% poverty rate
Obesity Rate
38.1%
17.0% smoking rate
How Morganton Compares to the U.S. Average
Each bar shows Morganton's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Morganton a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Morganton residents earn a median household income of $68,125 , which is 9% below the national average of $75,149.
Per capita income is $39,364. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 12.0% of residents live below the poverty line. The area is home to 828 business establishments, including 70 restaurants.
Housing & Cost of Living
The median home value in Morganton is $225,000 , 20% below the national median of $281,900.
Zillow estimates the typical home at $489,760. Median rent is $614/month, with 17.5% of renters spending more than 30% of income on housing. The cost of living index is 96.3 (100 = national average). The median home was built in 1971.
Education
16.0% of adults in Morganton hold a bachelor's degree or higher
(53% below the national average).
91.3% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Morganton has an average annual temperature of 56°F (13°C).
Winters average 37°F in January while summers reach 74°F in July. Annual precipitation totals 62.2 inches.
Data Overview
People
Population266
Median Age46.9 yrs
Density341/mi²
Male / Female53% / 47%
Foreign Born1.5%
Veterans10.4%
Economy
A
Median Income$68,125
Per Capita$39,364
Unemployment2.1%
Poverty12.0%
County GDP$1,298M
Avg Weekly Wage$859
Housing
A+
Home Value$225,000
Rent$614
Ownership79.0%
Zillow$489,760
Housing Units129
Rent Burden17.5%
Health
Obesity38.1%
Diabetes11.0%
Smoking17.0%
Heart Disease6.3%
Premature Death12,245/100K
Climate
Avg Temp56°F
Rain62.2 in/yr
Elevation1,806 ft
Education
C
Bachelor's+16.0%
High School+91.3%
Graduate+2.8%
School Score5.5/10
Community
2024 VoteR 82% / D 17%
Commute20 min
Broadband89.5%
Internet Speed36 Mbps
EV Stations2
Libraries1
Did You Know?
The median home in Morganton was built in 1971.
The nearest airport is Richard B Russell Regional - J H Towers Field (63 miles).
The Gini coefficient (income inequality) is 0.491 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
23.3% of the population has a disability.
The county recorded 7 fatal vehicle crashes.
91 declared natural disasters on record.