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Morgantown, Kentucky Demographics & Population 2026

High PovertyPoverty rate of 37.3% is well above the state average

During the 2020–2024 ACS period, Morgantown, Kentucky had a total population of 2,479, the 146th largest city in Kentucky, with a median household income of $37,604, which is 41% lower than the state average. The poverty rate is 37.3%.

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

Key Takeaways

Morgantown Quick Facts

Population 2,479
Median Household Income $37,604
Median Home Value $114,000
Poverty Rate 37.3%
Unemployment Rate 12.9%
Median Age 35.1 years
Homeownership Rate 31.1%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 5.3%
High School Graduation Rate 78.8%
Diversity Index 46/100
Population 2,479 146th of 552
Median Income $37,604 bottom 20%
Poverty Rate 37.3% 199% higher than national
Median Home Value $114,000 bottom 30%

How Morgantown 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
Population2,7292,479-9.2%
Median household income$37,037$37,604+1.5%
Median home value$111,400$114,000+2.3%

How Morgantown Compares

Economy & Housing

Household Income Distribution

Under $25K 41.7%
$25K-$50K 21.8%
$50K-$100K 24.1%
$100K+ 12.4%
Detailed income brackets
Under $10K
16.1%
$10K-$15K
17.9%
$15K-$20K
3.0%
$20K-$25K
4.7%
$25K-$30K
3.9%
$30K-$35K
0.0%
$35K-$40K
5.7%
$40K-$45K
8.3%
$45K-$50K
4.0%
$50K-$60K
11.4%
$60K-$75K
7.8%
$75K-$100K
4.8%
$100K-$125K
8.6%
$125K-$150K
3.0%
$150K-$200K
0.0%
$200K+
0.9%

Employment

12.9% Unemployment Rate State: 4.9%|National: 5.2%
46.6% Labor Force Participation

Housing Overview

Owner 31.1%
Renter 68.9%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $628/mo 20.0% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 33 | National average: 61

Education

Morgantown Rankings in Kentucky

#146 Population of 552
#410 Median Income of 496
#483 Education of 550
#353 Home Value of 495

Other Cities in Butler County

CityPopulationMedian IncomePovertyHome Value
Rochester 155 $78,542 13.6% $167,500
Woodbury 84 $70,357 2.4% N/A

Cities Similar to Morgantown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Vernon2,398$38,697$111,40012.0%32.7%
Falmouth2,449$34,756$100,8008.7%27.8%
Fulton2,378$36,040$56,30014.7%30.9%
Tompkinsville2,613$38,628$99,00010.9%27.3%
Louisa2,580$40,000$120,50023.0%22.3%

Population Overview

Morgantown is a small community located in Kentucky, within Butler County. The total population is 2,479. It ranks as the 146th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Morgantown is 35.1 years. This is 10% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Morgantown is $37,604. This is 41% lower than the state median of $63,726. It is also 53% lower than the national median of $80,734. The poverty rate stands at 37.3%. This is 132% higher than the state poverty rate of 16.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 12.9%. This is 164% higher than the state rate of 4.9%. The median home value is $114,000. Housing costs are 45% lower than the state median of $205,600. The home-value-to-income ratio is 3.0x. 31.1% of occupied housing units are owner-occupied. This homeownership rate is 54% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Morgantown is White (non-Hispanic), making up 68.9% of the population. Hispanic or Latino residents account for 24.4%. The Hispanic or Latino population is significantly higher than the state average (24.4% vs 5.0%). The Asian population (0.6%) is well below the state average of 1.6%.

Education

5.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 81% 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 78.8%.

Data Sources & Methodology

All demographic data for Morgantown, 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.

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Frequently Asked Questions

What is the population of Morgantown, Kentucky?

Morgantown, Kentucky has a population of 2,479 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Morgantown, KY?

The median household income in Morgantown is $37,604, which is 53% lower than the national median of $80,734.

What is the poverty rate in Morgantown, KY?

The poverty rate in Morgantown is 37.3%. This means approximately 862 residents live below the federal poverty line.

What is the racial makeup of Morgantown, Kentucky?

Morgantown's population is 68.9% White, 0.0% Black, 24.4% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Morgantown, KY?

The median home value in Morgantown is $114,000. The home-value-to-income ratio is 3.0x.

How educated is Morgantown, Kentucky?

5.3% of adults (25+) in Morgantown hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.