According to statistics, the population in Morgantown, KY amounts to 2,608, which shows decline -1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $22,794, shifting growth 22% from the past year, and the average property value in Morgantown, KY decline -1% to $76,000 throughout the year.
|Number Of Employees||822|
|Median Property Value||$76,000|
The average household income in Morgantown, KY grew from $18,707 to $22,794 in the past year. This data is an estimate based upon 1,066 households in Morgantown, KY . The chart below presents how household income is distributed in Morgantown, KY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Morgantown, KY shifted from $76,900 to $76,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Morgantown, KY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Morgantown, KY properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Morgantown, KY compared to median property taxes around the country. The prevalent amount of property taxes in Morgantown, KY equals $800, which is less than the national average.