Morgantown, IN Profile: Facts & Data

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Morgantown, Indiana - Basic Facts

The Town of Morgantown had a population of 997 as of July 1, 2019. Morgantown ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Morgantown is located at latitude 39.3714 and longitude -86.2611 in Morgan County. The formal boundaries for the Town of Morgantown encompass a land area of 0.38 sq. miles and a water area of 0 sq. miles. Morgan County is in the Eastern time zone (GMT -5). The elevation is 679 feet.

The Town of Morgantown (GNIS ID: 2396781) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Morgantown is located within Township of Jackson, a minor civil division (MCD) of Morgan County.


Jump to... (On This Page!)
  1. Morgantown 2019 Demographic Data
  2. Growth Rates for Morgantown (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2019 Demographics

Morgantown, IN - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Morgantown, IN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Morgantown, IN Housing Affordability Index is 154
State of Indiana Housing Affordability Index is 180
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Morgantown, IN Wealth Index is 55
State of Indiana Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Indiana address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 997
Population in Households 978
Population in Familes 821
Population in Group Qrtrs 19
Population Density 2,640
Diversity Index1 4
 

INCOME

Median Household Income $49,655
Average Household Income $62,143
Per Capita Income $22,650
Wealth Index3 55

HOUSING

Total Housing Units 423 (100%)
Owner Occupied HU 246 (58.2%)
Renter Occupied HU 134 (31.7%)
Vacant Housing Units 42 ( 9.9%)
Median Home Value $175,974
Housing Affordability Index2 154
 

HOUSEHOLDS

Total Households 381
Average Household Size 2.57
Family Households 273
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.12% 0.14%
Households 0.2% 0.21%
Families 1.59% 0.07%
Median Household Income   0.9%
Per Capita Income   1.97%

Morgantown, IN - Peer Comparisons by Rank and Percentile

The table below compares Morgantown to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 337 51st
Population Density # 32 95th
Diversity Index # 648 5th
Median Household Income # 434 36th
Per Capita Income # 508 25th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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