Last updated: 2024 BLS data · Page refreshed:
Morganville has a population of 5,902 with a median age of 46.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,902 |
| Median Age | 46.3 |
| White | 58.1% |
| Black or African American | 1.1% |
| Asian | 22.6% |
| Hispanic or Latino | 10.9% |
| Other / Two or More Races | 7.3% |
The median household income in Morganville is $161,500, which is 100.3% above the national median of $80,610. The per capita income is $81,421. The poverty rate is 3.5%.
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In Morganville, 95.2% of residents age 25+ have a high school diploma or higher, and 59.8% hold a bachelor's degree or higher (30.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 59.8% |
| Graduate or Professional Degree | 30.9% |
The median home value in Morganville is $681,800, above the national median of $303,400. The median monthly rent is $2,692. The homeownership rate is 88.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $681,800 |
| Median Monthly Rent | $2,692 |
| Homeownership Rate | 88.1% |
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