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Morgantown, KY 42261 has a population of approximately 10,874 and experiences a population change rate of 4.67%. The population density is 36.9 / sq mi .
The median household income for Morgantown, KY 42261 is $47,368, with 3,551 households and an average household size of 2.78.
The median value of a home in Morgantown, KY 42261 is $149,600 with an appreciation rate of 22.70%. 56.93% of housing in the state is owned while 24.32% is rented.
The cost of living in Morgantown, KY 42261 is 84.1 %.
The unemployment rate in Morgantown, KY 42261 is 3.20%, and recent job growth is at 4.13%. Future job growth is projected at 45.70%.
The sales tax rate in Morgantown, KY 42261 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Morgantown, KY 42261 are $10,261, and the school ratio is 16.1:1.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 50.9 inches per year, with 5.8 inches of snow per year.