Last updated: 2024 BLS data · Page refreshed:
Morgan has a population of 4,409 with a median age of 27.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,409 |
| Median Age | 27.7 |
| White | 94.4% |
| Hispanic or Latino | 3.8% |
| Other / Two or More Races | 1.8% |
The median household income in Morgan is $115,735, which is 43.6% above the national median of $80,610. The per capita income is $36,006. The poverty rate is 1.4%.
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In Morgan, 96.6% of residents age 25+ have a high school diploma or higher, and 34.6% hold a bachelor's degree or higher (15.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.6% |
| Bachelor's Degree or Higher | 34.6% |
| Graduate or Professional Degree | 15.7% |
The median home value in Morgan is $479,900, above the national median of $303,400. The median monthly rent is $1,537. The homeownership rate is 79.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $479,900 |
| Median Monthly Rent | $1,537 |
| Homeownership Rate | 79.8% |
| Vacancy Rate | 3.3% |
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