Last updated: 2024 BLS data · Page refreshed:
Morgan Hill has a population of 45,425 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 45,425 |
| Median Age | 39.0 |
| White | 43.6% |
| Black or African American | 2.9% |
| Asian | 17.2% |
| Hispanic or Latino | 35.9% |
The median household income in Morgan Hill is $163,920, which is 103.3% above the national median of $80,610. The per capita income is $70,036. The poverty rate is 4.1%.
The unemployment rate in Morgan Hill is 4.6%, compared to the national rate of 4.1%.
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In Morgan Hill, 91.7% of residents age 25+ have a high school diploma or higher, and 46.8% hold a bachelor's degree or higher (16.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.7% |
| Bachelor's Degree or Higher | 46.8% |
| Graduate or Professional Degree | 16.7% |
The median home value in Morgan Hill is $1,210,200, above the national median of $303,400. The median monthly rent is $2,474. The homeownership rate is 71.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,210,200 |
| Median Monthly Rent | $2,474 |
| Homeownership Rate | 71.5% |
| Vacancy Rate | 4.4% |
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