Living in Morganton, Georgia
Cost of living, income, home prices, rent and demographics of Morganton · Census data 2020–2024
Morganton has 241 residents with a median age of 46.1. The median household income is $70,625 (9% lower than the Georgia median), the median home value is $263,800, the median rent is $725/month.
Morganton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Morganton at a glance
- Population
- 241
- Median age
- 46.1State: 37.6
- Median household income
- $70,625State: $77,353
- Median home value
- $263,800State: $303,300
- Median rent
- $725/moState: $1,393
- Homeowners
- 76.8%
- Bachelor's degree or higher
- 9.6%
- Average commute
- 27 min
Is Morganton a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 27 minutes.
Cons: Median household income 9% lower than the Georgia median; unemployment of 6.4%; a poverty rate of 13.7%.
The weather is best in April–May and September–October.
Cost of living in Morganton
Housing is the biggest part of the cost of living. In Morganton the median home value is $263,800, 21% lower than the U.S. median. Renters pay a median of $725 per month, which is 14.3% of household income. Homeowners with a mortgage pay $1,233 a month in housing costs.
Morganton median household income
The median household income in Morganton is $70,625 and the income per person is $47,337. 13.7% of residents live below the poverty line (Georgia: 13.4%).
Housing in Morganton: homes for sale and rent
- Housing units
- 124
- Owner-occupied
- 76.8%
- Renter-occupied
- 23.2%
- Vacant
- 20.2%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.43
Morganton demographics
- Population
- 241
- Median age
- 46.1
- Under 18
- 13.7%
- 65 and older
- 17.8%
- Households
- 99
- Foreign-born
- 2.9%
- Veterans
- 11.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Morganton ›
Education in Morganton
9.6% of adults 25 and older in Morganton have a bachelor's degree or higher (Georgia: 34.9%), and 0.5% have a graduate or professional degree.
Jobs and commute in Morganton
- Unemployment rate
- 6.4%State: 5.1%
- Average commute
- 27 minState: 28 min
- Work from home
- 7.6%
- Drive alone
- 59.8%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 88.9%
Morganton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morganton | 241 | $70,625 | $263,800 | $725 |
| Blue Ridge | 1,323 | $44,773 | $348,200 | $851 |
| Epworth | 1,994 | $67,176 | $139,500 | $1,303 |
| McCaysville | 1,392 | $52,593 | $121,900 | $595 |
| Copperhill | 493 | $45,417 | $99,000 | $863 |
| Blairsville | 902 | $30,357 | $212,500 | $788 |
| Ellijay | 1,927 | $48,136 | $349,100 | $791 |
| Murphy | 1,604 | $37,263 | $250,000 | $422 |
| Farner | 197 | $29,464 | $117,200 | — |
More for people moving to Morganton
Morganton ZIP code ›Weather and climate ›Living in Morganton: FAQ
What is the median household income in Morganton, GA?
The median household income in Morganton is $70,625, 9% lower than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Morganton?
The median home value in Morganton is $263,800, compared with $303,300 in Georgia.
How much is rent in Morganton?
The median gross rent in Morganton is $725 per month, about 14.3% of household income.
Is Morganton, GA a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 27 minutes. Minuses: median household income 9% lower than the Georgia median; unemployment of 6.4%; a poverty rate of 13.7%.
What is the median age in Morganton?
The median age in Morganton is 46.1 years (Georgia: 37.6).
How long is the commute in Morganton?
The average commute to work in Morganton is 27 minutes; 7.6% of workers work from home.
What is the unemployment rate in Morganton?
The unemployment rate in Morganton is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morganton?
9.6% of adults in Morganton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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