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Morgan, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
525
Population
$52,500
Median Income
$81,800
Home Value
40.3
Median Age

Demographics

Morgan has a population of 525 with a median age of 40.3. Here is the racial and ethnic breakdown of the population:

Hispanic
51.6%
White
47.6%
Demographic Value
Total Population525
Median Age40.3
White47.6%
Black or African American0.4%
Hispanic or Latino51.6%
Morgan, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Hispanic/Latino: 51.8%White: 47.8%Other: 0.4%525PopulationHispanic/LatinoHispanic/Latino51.8%WhiteWhite47.8%OtherOther0.4%

Income & Economy

The median household income in Morgan is $52,500, which is 34.9% below the national median of $80,610. The per capita income is $17,463. The poverty rate is 29.1%.

$52,500
Median Household Income
$17,463
Per Capita Income
29.1%
Poverty Rate

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Education

In Morgan, 60.6% of residents age 25+ have a high school diploma or higher, and 1.1% hold a bachelor's degree or higher.

HS Diploma+
60.6%
Bachelor's+
1.1%
Education Level % of Adults (25+)
High School Diploma or Higher60.6%
Bachelor's Degree or Higher1.1%

Housing

The median home value in Morgan is $81,800, below the national median of $303,400. The median monthly rent is $930. The homeownership rate is 65.3%.

$81,800
Median Home Value
$930/mo
Median Rent
65.3%
Homeownership Rate
Housing Metric Value
Median Home Value$81,800
Median Monthly Rent$930
Homeownership Rate65.3%
Vacancy Rate23.8%

Salaries in Texas

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Frequently Asked Questions

What is the population of Morgan, Texas?
The population of Morgan, Texas is 525 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Morgan, Texas?
The median household income in Morgan, Texas is $52,500. This is 34.9% below the national median of $80,610.
What is the median home value in Morgan, Texas?
The median home value in Morgan, Texas is $81,800. The median monthly rent is $930.
What percentage of people in Morgan have a college degree?
In Morgan, Texas, 1.1% of adults age 25 and older hold a bachelor's degree or higher, and 60.6% have a high school diploma or higher.
Is Morgan, Texas an affordable place to live?
The home price-to-income ratio in Morgan, Texas is 1.6x (median home value $81,800 vs. median income $52,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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