Morgan County, Indiana Demographics 2026

Population Overview

Morgan County is located in Indiana with a total population of 72,202. It is the 24th most populous county out of 92 in Indiana.

Age Demographics

The median age in Morgan County is 41.6 years. This is 9% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Morgan County is $79,088. This is 13% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is about average. The poverty rate stands at 8.5%. This is 30% lower than the state poverty rate of 12.2%. The unemployment rate is 3.8%. This is 13% lower than the state rate of 4.3%. The median home value is $220,100. Housing costs are 9% higher than the state median of $201,600. With a home-value-to-income ratio of just 2.8x, Morgan County is one of the most affordable housing markets in the area. 82.9% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 70.3%.

Race & Ethnicity

Morgan County has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Hispanic or Latino residents account for 2.0%. The Black or African American population (0.5%) is well below the state average of 9.1%. The Hispanic or Latino population (2.0%) is well below the state average of 8.4%. The Asian population (0.6%) is well below the state average of 2.5%.

Education

20.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%.