Morganfield city, Kentucky Demographics & Population 2026
As of 2026, Morganfield city, Kentucky has a total population of 3,208, the 117th largest city in Kentucky, with a median household income of $63,546, which is 2% higher than the state average. The poverty rate is 13.7%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Near full employment with an unemployment rate of just 1.6%.
Morganfield city Quick Facts
How Morganfield city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 60
Education
Educational Attainment (Adults 25+)
Morganfield city Rankings in Kentucky
Explore Kentucky Rankings
Cities Similar to Morganfield city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hodgenville city | 3,262 | $58,750 | $137,100 | 20.6% | 22.3% |
| West Liberty city | 3,280 | $57,411 | $202,100 | 15.3% | 14.6% |
| Wilder city | 3,148 | $71,567 | $137,600 | 59.2% | 15.8% |
| Eddyville city | 2,945 | $58,527 | $188,500 | 14.2% | 11.3% |
| Claryville CDP | 3,306 | $86,250 | $259,100 | 32.7% | 1.4% |
Population Overview
Morganfield city is a small community located in Kentucky. The total population is 3,208. It ranks as the 117th most populous out of 552 cities and towns in Kentucky.
Age Demographics
The median age in Morganfield city is 41.9 years. This is 7% higher than the state median of 39.1 years. 10.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Morganfield city is $63,546. This is 2% higher than the state median of $62,417. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 13.7%. This is 15% lower than the state poverty rate of 16.1%. The unemployment rate is 1.6%. This is 68% lower than the state rate of 4.8%. The median home value is $116,100. Housing costs are 40% lower than the state median of $192,300. With a home-value-to-income ratio of just 1.8x, Morganfield city is one of the most affordable housing markets in the area. 55.7% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 68.3%.
Race & Ethnicity
Morganfield city has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Black or African American residents account for 8.7%. The Hispanic or Latino population (0.9%) is well below the state average of 4.7%.
Education
16.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%.
Data Sources & Methodology
All demographic data for Morganfield city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Morganfield city, Kentucky?
Morganfield city, Kentucky has a population of 3,208 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Morganfield city, KY?
The median household income in Morganfield city is $63,546, which is 19% lower the national median of $78,538.
What is the poverty rate in Morganfield city, KY?
The poverty rate in Morganfield city is 13.7%. This means approximately 419 residents live below the federal poverty line.
What is the racial makeup of Morganfield city, Kentucky?
Morganfield city's population is 88.9% White, 8.7% Black, 0.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Morganfield city, KY?
The median home value in Morganfield city is $116,100. The home-value-to-income ratio is 1.8x.
How educated is Morganfield city, Kentucky?
16.4% of adults (25+) in Morganfield city hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.