Living in Morgantown, Pennsylvania
Cost of living, income, home prices, rent and demographics of Morgantown · Census data 2020–2024
Morgantown has 1,381 residents with a median age of 42.7. The median household income is $78,166 (about the same as the Pennsylvania median), the median home value is $268,000, the median rent is $1,546/month.
Morgantown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Morgantown at a glance
- Population
- 1,381
- Median age
- 42.7State: 40.9
- Median household income
- $78,166State: $77,971
- Median home value
- $268,000State: $254,500
- Median rent
- $1,546/moState: $1,209
- Homeowners
- 74.2%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 34 min
Is Morgantown a good place to live?
Pros: Median household income about the same as the Pennsylvania median; a poverty rate of 8%.
Cons: Home values 5% higher than the state median; an average commute of 34 minutes; unemployment of 6.2%.
The weather is best in May–June and August–September.
Cost of living in Morgantown
Housing is the biggest part of the cost of living. In Morgantown the median home value is $268,000, 19% lower than the U.S. median. Renters pay a median of $1,546 per month, which is 34.3% of household income. Homeowners with a mortgage pay $2,112 a month in housing costs.
Morgantown median household income
The median household income in Morgantown is $78,166 and the income per person is $41,657. 8% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Morgantown: homes for sale and rent
- Housing units
- 645
- Owner-occupied
- 74.2%
- Renter-occupied
- 25.8%
- Vacant
- 8.7%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.34
Morgantown demographics
- Population
- 1,381
- Median age
- 42.7
- Under 18
- 22.4%
- 65 and older
- 17.5%
- Households
- 589
- Foreign-born
- 0.6%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Morgantown ›
Education in Morgantown
25.9% of adults 25 and older in Morgantown have a bachelor's degree or higher (Pennsylvania: 35.2%), and 7.8% have a graduate or professional degree.
Jobs and commute in Morgantown
- Unemployment rate
- 6.2%State: 5.3%
- Average commute
- 34 minState: 26 min
- Work from home
- 13.5%
- Drive alone
- 63.5%
- Public transit
- 6.1%
- Walk to work
- 1.9%
- Homes with broadband
- 93.9%
Morgantown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morgantown | 1,381 | $78,166 | $268,000 | $1,546 |
| Caernarvon | 4,338 | $107,639 | $338,400 | $1,512 |
| Elverson | 1,458 | $78,000 | $369,900 | $826 |
| Churchtown | 763 | $143,487 | $284,000 | — |
| Caernarvon | 4,591 | $118,519 | $335,000 | $1,538 |
| West Nantmeal | 2,103 | $126,154 | $438,200 | $1,446 |
| Honey Brook | 1,941 | $94,375 | $272,700 | $1,185 |
| Robeson | 7,642 | $93,009 | $362,700 | $942 |
| Goodville | 205 | $43,293 | $342,300 | $542 |
More for people moving to Morgantown
Morgantown ZIP code ›Weather and climate ›Living in Morgantown: FAQ
What is the median household income in Morgantown, PA?
The median household income in Morgantown is $78,166, about the same as the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Morgantown?
The median home value in Morgantown is $268,000, compared with $254,500 in Pennsylvania.
How much is rent in Morgantown?
The median gross rent in Morgantown is $1,546 per month, about 34.3% of household income.
Is Morgantown, PA a good place to live?
Pluses: median household income about the same as the Pennsylvania median; a poverty rate of 8%. Minuses: home values 5% higher than the state median; an average commute of 34 minutes; unemployment of 6.2%.
What is the median age in Morgantown?
The median age in Morgantown is 42.7 years (Pennsylvania: 40.9).
How long is the commute in Morgantown?
The average commute to work in Morgantown is 34 minutes; 13.5% of workers work from home.
What is the unemployment rate in Morgantown?
The unemployment rate in Morgantown is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morgantown?
25.9% of adults in Morgantown 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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