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Morehead, KY 40351 has a population of approximately 21,064 and experiences a population change rate of 4.33%. The population density is 85.2 / sq mi .
The median household income for Morehead, KY 40351 is $46,356, with 7,995 households and an average household size of 2.45.
The median value of a home in Morehead, KY 40351 is $143,300 with an appreciation rate of 19.30%. 52.53% of housing in the state is owned while 32.61% is rented.
The cost of living in Morehead, KY 40351 is 78.6 %.
The unemployment rate in Morehead, KY 40351 is 3.90%, and recent job growth is at 1.57%. Future job growth is projected at 38.59%.
The sales tax rate in Morehead, KY 40351 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Morehead, KY 40351 are $11,683, and the school ratio is 16.7:1.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 46.3 inches per year, with 8.1 inches of snow per year.
