Skip to main content

Morganfield, Kentucky Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Morganfield, Kentucky had a total population of 3,185, the 117th largest city in Kentucky, with a median household income of $65,829, which is 3% higher than the state average. The poverty rate is 15.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Morganfield Quick Facts

Population 3,185
Median Household Income $65,829
Median Home Value $113,600
Poverty Rate 15.9%
Unemployment Rate 0.4%
Median Age 45.9 years
Homeownership Rate 57.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 17.4%
High School Graduation Rate 90.3%
Diversity Index 25/100
Population 3,185 117th of 552
Median Income $65,829 above average
Poverty Rate 15.9% 28% higher than national
Median Home Value $113,600 bottom 30%

How Morganfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,2083,185-0.7%
Median household income$63,546$65,829+3.6%
Median home value$116,100$113,600-2.2%

How Morganfield Compares

Economy & Housing

Household Income Distribution

Under $25K 25.1%
$25K-$50K 16.2%
$50K-$100K 39.5%
$100K+ 19.2%
Detailed income brackets
Under $10K
10.8%
$10K-$15K
4.6%
$15K-$20K
6.0%
$20K-$25K
3.7%
$25K-$30K
0.7%
$30K-$35K
2.5%
$35K-$40K
6.9%
$40K-$45K
4.2%
$45K-$50K
1.9%
$50K-$60K
4.5%
$60K-$75K
12.1%
$75K-$100K
22.9%
$100K-$125K
7.1%
$125K-$150K
6.8%
$150K-$200K
0.0%
$200K+
5.3%

Employment

0.4% Unemployment Rate State: 4.9%|National: 5.2%
50.0% Labor Force Participation

Housing Overview

Owner 57.3%
Renter 42.8%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $852/mo 15.5% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 33 | National average: 61

Education

Morganfield Rankings in Kentucky

#117 Population of 552
#190 Median Income of 496
#283 Education of 550
#356 Home Value of 495

Other Cities in Union County

CityPopulationMedian IncomePovertyHome Value
Sturgis 1,864 $36,780 16.4% $84,500
Breckinridge Center 1,467 $64,152 51.8% N/A
Uniontown 874 $43,857 13.3% $61,900
Waverly 403 $62,188 16.9% $95,000

Cities Similar to Morganfield

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wilder3,135$70,893$159,90061.0%18.6%
Claryville3,251$81,458$278,20034.4%1.2%
Hodgenville3,389$57,739$151,40013.9%19.1%
Eddyville2,897$55,625$188,40012.6%8.9%
West Liberty3,295$48,235$206,30014.8%17.4%

Population Overview

Morganfield is a small community located in Kentucky, within Union County. The total population is 3,185. It ranks as the 117th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Morganfield is 45.9 years. This is 17% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Morganfield is $65,829. This is 3% higher than the state median of $63,726. It is also 18% lower than the national median of $80,734. The poverty rate stands at 15.9%. This is about the same as the state poverty rate of 16.1%. The unemployment rate is 0.4%. This is 92% lower than the state rate of 4.9%. The median home value is $113,600. Housing costs are 45% lower than the state median of $205,600. With a home-value-to-income ratio of just 1.7x, Morganfield is one of the most affordable housing markets in the area. 57.3% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 68.3%.

Race & Ethnicity

Morganfield has a predominantly White (non-Hispanic) population, comprising 85.8% of all residents. Black or African American residents account for 9.8%. The Hispanic or Latino population (0.9%) is well below the state average of 5.0%.

Education

17.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Morganfield, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Morganfield, Kentucky?

Morganfield, Kentucky has a population of 3,185 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morganfield, KY?

The median household income in Morganfield is $65,829, which is 18% lower than the national median of $80,734.

What is the poverty rate in Morganfield, KY?

The poverty rate in Morganfield is 15.9%. This means approximately 484 residents live below the federal poverty line.

What is the racial makeup of Morganfield, Kentucky?

Morganfield's population is 85.8% White, 9.8% Black, 0.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Morganfield, KY?

The median home value in Morganfield is $113,600. The home-value-to-income ratio is 1.7x.

How educated is Morganfield, Kentucky?

17.4% of adults (25+) in Morganfield hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.