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Morgantown, Pennsylvania

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
1,381
Population
$78,166
Median Income
$268,000
Home Value
42.7
Median Age

Demographics

Morgantown has a population of 1,381 with a median age of 42.7. Here is the racial and ethnic breakdown of the population:

White
95.1%
Other
3.3%
Asian
1.0%
Black
0.6%
Demographic Value
Total Population1,381
Median Age42.7
White95.1%
Black or African American0.6%
Asian1.0%
Other / Two or More Races3.3%
Morgantown, Pennsylvania — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.1%Other: 3.3%Other: 1.6%1,381PopulationWhiteWhite95.1%OtherOther3.3%OtherOther1.6%

Income & Economy

The median household income in Morgantown is $78,166, which is 3.0% below the national median of $80,610. The per capita income is $41,657. The poverty rate is 8.0%.

$78,166
Median Household Income
$41,657
Per Capita Income
8.0%
Poverty Rate

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Education

In Morgantown, 96.3% of residents age 25+ have a high school diploma or higher, and 25.9% hold a bachelor's degree or higher (7.8% with a graduate or professional degree).

HS Diploma+
96.3%
Bachelor's+
25.9%
Graduate+
7.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.3%
Bachelor's Degree or Higher25.9%
Graduate or Professional Degree7.8%

Housing

The median home value in Morgantown is $268,000, below the national median of $303,400. The median monthly rent is $1,546. The homeownership rate is 74.2%.

$268,000
Median Home Value
$1,546/mo
Median Rent
74.2%
Homeownership Rate
Housing Metric Value
Median Home Value$268,000
Median Monthly Rent$1,546
Homeownership Rate74.2%
Vacancy Rate8.7%

Salaries in Pennsylvania

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Other Cities in Pennsylvania

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Frequently Asked Questions

What is the population of Morgantown, Pennsylvania?
The population of Morgantown, Pennsylvania is 1,381 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Morgantown, Pennsylvania?
The median household income in Morgantown, Pennsylvania is $78,166. This is 3.0% below the national median of $80,610.
What is the median home value in Morgantown, Pennsylvania?
The median home value in Morgantown, Pennsylvania is $268,000. The median monthly rent is $1,546.
What percentage of people in Morgantown have a college degree?
In Morgantown, Pennsylvania, 25.9% of adults age 25 and older hold a bachelor's degree or higher, and 96.3% have a high school diploma or higher.
Is Morgantown, Pennsylvania an affordable place to live?
The home price-to-income ratio in Morgantown, Pennsylvania is 3.4x (median home value $268,000 vs. median income $78,166), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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