Living in Morgan, Texas
Cost of living, income, home prices, rent and demographics of Morgan · Census data 2020–2024
Morgan has 525 residents with a median age of 40.3. The median household income is $52,500 (33% lower than the Texas median), the median home value is $81,800, the median rent is $930/month.
Morgan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Morgan at a glance
- Population
- 525
- Median age
- 40.3State: 35.6
- Median household income
- $52,500State: $78,476
- Median home value
- $81,800State: $283,800
- Median rent
- $930/moState: $1,403
- Homeowners
- 65.3%
- Bachelor's degree or higher
- 1.1%
- Average commute
- 32 min
Is Morgan a good place to live?
Pros: Home values 71% lower than the state median.
Cons: Median household income 33% lower than the Texas median; an average commute of 32 minutes; unemployment of 14.9%; a poverty rate of 29.1%.
The weather is best in April–May and October–November.
Cost of living in Morgan
Housing is the biggest part of the cost of living. In Morgan the median home value is $81,800, 75% lower than the U.S. median. Renters pay a median of $930 per month, which is 42% of household income. Homeowners with a mortgage pay $992 a month in housing costs.
Morgan median household income
The median household income in Morgan is $52,500 and the income per person is $17,463. 29.1% of residents live below the poverty line (Texas: 13.8%).
Housing in Morgan: homes for sale and rent
- Housing units
- 231
- Owner-occupied
- 65.3%
- Renter-occupied
- 34.7%
- Vacant
- 23.8%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.98
Morgan demographics
- Population
- 525
- Median age
- 40.3
- Under 18
- 20.8%
- 65 and older
- 12.6%
- Households
- 176
- Foreign-born
- 16.4%
- Veterans
- 1%Adults 18+
Hispanic or Latino can be of any race. Population history of Morgan ›
Education in Morgan
1.1% of adults 25 and older in Morgan have a bachelor's degree or higher (Texas: 33.8%), and 0% have a graduate or professional degree.
Jobs and commute in Morgan
- Unemployment rate
- 14.9%State: 5.3%
- Average commute
- 32 minState: 27 min
- Work from home
- 4.4%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 60.2%
Morgan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Morgan | 525 | $52,500 | $81,800 | $930 |
| Meridian | 1,638 | $65,625 | $116,700 | $738 |
| Kopperl | 123 | $105,000 | $97,100 | — |
| Walnut Springs | 787 | $31,667 | $81,700 | $1,038 |
| Blum | 336 | $53,750 | $68,500 | — |
| Iredell | 294 | $54,250 | $68,600 | $1,214 |
| Clifton | 3,503 | $64,653 | $160,000 | $1,055 |
| Laguna Park | 1,596 | $60,833 | $206,300 | $787 |
| Whitney | 2,050 | $48,571 | $108,900 | $809 |
More for people moving to Morgan
Morgan ZIP code ›Weather and climate ›Living in Morgan: FAQ
What is the median household income in Morgan, TX?
The median household income in Morgan is $52,500, 33% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Morgan?
The median home value in Morgan is $81,800, compared with $283,800 in Texas.
How much is rent in Morgan?
The median gross rent in Morgan is $930 per month, about 42% of household income.
Is Morgan, TX a good place to live?
Pluses: home values 71% lower than the state median. Minuses: median household income 33% lower than the Texas median; an average commute of 32 minutes; unemployment of 14.9%; a poverty rate of 29.1%.
What is the median age in Morgan?
The median age in Morgan is 40.3 years (Texas: 35.6).
How long is the commute in Morgan?
The average commute to work in Morgan is 32 minutes; 4.4% of workers work from home.
What is the unemployment rate in Morgan?
The unemployment rate in Morgan is 14.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Morgan?
1.1% of adults in Morgan 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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