Morgantown, IN

Full City Profile · Indiana · Johnson County County

3.0 /5.0
B Good
1,328 Population 3,495/sq mi density
$50,809 Median Income $25,159 per capita
$129,500 Home Value $340,641 Zillow
$882 Median Rent 32.6% income on rent
52°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$50,809 median income, 17.6% unemployment
A+
Affordability
5.0 / 5.0
$129,500 home value, $882/mo rent
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher

Morgantown, IN

At a Glance

Median Income
$50,809
32% below
$25,159 per capita
Home Value
$129,500
54% below
Zillow: $340,641
Median Rent
$882/mo
24% below
32.6% of income on rent
Bachelor's Degree+
7.5%
78% below
87.1% high school+
Unemployment
17.6%
389% above
15.0% poverty rate
Obesity Rate
38.6%
20% above
17.5% smoking rate
Avg Temperature
52°F

How Morgantown Compares to the U.S. Average

Each bar shows Morgantown's value as a percentage of the national average (100% = U.S. avg)

Income
68%
Home Value
46%
Rent
76%
Poverty
121%
Bachelor's
22%
Unemployment
489%
Thin vertical line = U.S. national average (100%)

Is Morgantown a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Morgantown residents earn a median household income of $50,809 , which is 32% below the national average of $75,149. Per capita income is $25,159. The unemployment rate stands at 17.6% (389% above the U.S. rate of 3.6%). 15.0% of residents live below the poverty line. The area is home to 4,199 business establishments, including 330 restaurants.

Housing & Cost of Living

The median home value in Morgantown is $129,500 , 54% below the national median of $281,900. Zillow estimates the typical home at $340,641. Median rent is $882/month, with 32.6% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1950.

Education

7.5% of adults in Morgantown hold a bachelor's degree or higher (78% below the national average). 87.1% have completed high school. Local schools score 6.7/10 in standardized testing.

Climate & Weather

Morgantown has an average annual temperature of 52°F (11°C). Winters average 28°F in January while summers reach 73°F in July. Annual precipitation totals 50.7 inches.

Data Overview

People

Population1,328
Median Age34.9 yrs
Density3,495/mi²
Male / Female46% / 55%
Foreign Born0.2%
Veterans8.1%

Economy

C
Median Income$50,809
Per Capita$25,159
Unemployment17.6%
Poverty15.0%
County GDP$8,253M
Avg Weekly Wage$970

Housing

A+
Home Value$129,500
Rent$882
Ownership73.2%
Zillow$340,641
Housing Units509
Rent Burden32.6%

Health

Obesity38.6%
Diabetes11.5%
Smoking17.5%
Heart Disease6.1%
Premature Death8,086/100K

Climate

Avg Temp52°F
Rain50.7 in/yr
Elevation680 ft

Education

D
Bachelor's+7.5%
High School+87.1%
Graduate+4.3%
School Score6.7/10

Community

2024 VoteR 66% / D 32%
Commute39 min
Broadband89.8%
Internet Speed190 Mbps
EV Stations4
Libraries7

Did You Know?

The median home in Morgantown was built in 1950.
The nearest airport is Indianapolis International (24 miles).
The Gini coefficient (income inequality) is 0.426 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.1% of the population has a disability.
Average internet download speed is 190 Mbps.
There are 330 restaurants in the area.
The county recorded 16 fatal vehicle crashes.