Last updated: 2024 BLS data · Page refreshed:
Morganton has a population of 241 with a median age of 46.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 241 |
| Median Age | 46.1 |
| White | 80.5% |
| Hispanic or Latino | 12.4% |
| Other / Two or More Races | 7.1% |
The median household income in Morganton is $70,625, which is 12.4% below the national median of $80,610. The per capita income is $47,337. The poverty rate is 13.7%.
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In Morganton, 90.9% of residents age 25+ have a high school diploma or higher, and 9.6% hold a bachelor's degree or higher (0.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.9% |
| Bachelor's Degree or Higher | 9.6% |
| Graduate or Professional Degree | 0.5% |
The median home value in Morganton is $263,800, below the national median of $303,400. The median monthly rent is $725. The homeownership rate is 76.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $263,800 |
| Median Monthly Rent | $725 |
| Homeownership Rate | 76.8% |
| Vacancy Rate | 20.2% |
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