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Morgantown, Mississippi

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
1,038
Population
$52,308
Median Income
$95,100
Home Value
46.2
Median Age

Demographics

Morgantown has a population of 1,038 with a median age of 46.2. Here is the racial and ethnic breakdown of the population:

Black
60.7%
Hispanic
20.0%
White
17.7%
Other
1.6%
Demographic Value
Total Population1,038
Median Age46.2
White17.7%
Black or African American60.7%
Hispanic or Latino20.0%
Other / Two or More Races1.6%
Morgantown, Mississippi — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 60.7%Hispanic/Latino: 20.0%White: 17.7%Other: 1.6%1,038PopulationBlackBlack60.7%Hispanic/LatinoHispanic/Latino20.0%WhiteWhite17.7%OtherOther1.6%

Income & Economy

The median household income in Morgantown is $52,308, which is 35.1% below the national median of $80,610. The per capita income is $38,733. The poverty rate is 19.2%.

$52,308
Median Household Income
$38,733
Per Capita Income
19.2%
Poverty Rate

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Education

In Morgantown, 85.1% of residents age 25+ have a high school diploma or higher, and 14.8% hold a bachelor's degree or higher (8.2% with a graduate or professional degree).

HS Diploma+
85.1%
Bachelor's+
14.8%
Graduate+
8.2%
Education Level % of Adults (25+)
High School Diploma or Higher85.1%
Bachelor's Degree or Higher14.8%
Graduate or Professional Degree8.2%

Housing

The median home value in Morgantown is $95,100, below the national median of $303,400. The median monthly rent is $928. The homeownership rate is 75.4%.

$95,100
Median Home Value
$928/mo
Median Rent
75.4%
Homeownership Rate
Housing Metric Value
Median Home Value$95,100
Median Monthly Rent$928
Homeownership Rate75.4%
Vacancy Rate13.2%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of Morgantown, Mississippi?
The population of Morgantown, Mississippi is 1,038 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Morgantown, Mississippi?
The median household income in Morgantown, Mississippi is $52,308. This is 35.1% below the national median of $80,610.
What is the median home value in Morgantown, Mississippi?
The median home value in Morgantown, Mississippi is $95,100. The median monthly rent is $928.
What percentage of people in Morgantown have a college degree?
In Morgantown, Mississippi, 14.8% of adults age 25 and older hold a bachelor's degree or higher, and 85.1% have a high school diploma or higher.
Is Morgantown, Mississippi an affordable place to live?
The home price-to-income ratio in Morgantown, Mississippi is 1.8x (median home value $95,100 vs. median income $52,308), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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