Living in Morgan's Point Resort, Texas

Cost of living, income, home prices, rent and demographics of Morgan's Point Resort · Census data 2020–2024

Morgan's Point Resort has 4,750 residents with a median age of 38.2. The median household income is $79,450 (about the same as the Texas median), the median home value is $245,100, the median rent is $1,819/month.

Morgan's Point Resort at a glance

Population
4,750
Median age
38.2State: 35.6
Median household income
$79,450State: $78,476
Median home value
$245,100State: $283,800
Median rent
$1,819/moState: $1,403
Homeowners
94.5%
Bachelor's degree or higher
41.4%
Average commute
29 min

Is Morgan's Point Resort a good place to live?

Pros: Median household income about the same as the Texas median; home values 14% lower than the state median; unemployment of 1.2%; a poverty rate of 6.3%.

Cons: An average commute of 29 minutes.

The weather is best in March–April and October–November.

Cost of living in Morgan's Point Resort

Housing is the biggest part of the cost of living. In Morgan's Point Resort the median home value is $245,100, 26% lower than the U.S. median. Renters pay a median of $1,819 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,816 a month in housing costs.

Median home value

Morgan's Point Resort$245,100
Texas$283,800
United States$332,700

Median monthly rent

Morgan's Point Resort$1,819
Texas$1,403
United States$1,413

Morgan's Point Resort median household income

The median household income in Morgan's Point Resort is $79,450 and the income per person is $38,851. 6.3% of residents live below the poverty line (Texas: 13.8%).

Median household income

Morgan's Point Resort$79,450
Texas$78,476
United States$80,734

Housing in Morgan's Point Resort: homes for sale and rent

Housing units
1,968
Owner-occupied
94.5%
Renter-occupied
5.5%
Vacant
9.1%Includes seasonal homes
Median year built
2002
Average household size
2.66

Morgan's Point Resort demographics

Population
4,750
Median age
38.2
Under 18
24.4%
65 and older
13.7%
Households
1,789
Foreign-born
7.8%
Veterans
12.9%Adults 18+

Race and ethnicity

White79.5%
Hispanic or Latino13.6%
Black0.8%
Asian7.5%

Hispanic or Latino can be of any race. Population history of Morgan's Point Resort ›

Education in Morgan's Point Resort

41.4% of adults 25 and older in Morgan's Point Resort have a bachelor's degree or higher (Texas: 33.8%), and 16.9% have a graduate or professional degree.

Bachelor's degree or higher

Morgan's Point Resort41.4%
Texas33.8%
United States35.7%

Jobs and commute in Morgan's Point Resort

Unemployment rate
1.2%State: 5.3%
Average commute
29 minState: 27 min
Work from home
10.5%
Drive alone
85.6%
Public transit
0%
Walk to work
0%
Homes with broadband
97%

Morgan's Point Resort vs nearby towns

TownPopulationMedian incomeHome valueRent
Morgan's Point Resort4,750$79,450$245,100$1,819
Temple89,602$68,204$239,000$1,231
Belton24,356$59,130$258,700$1,252
Pendleton649$58,092$268,200—
Troy2,844$86,311$201,500$1,324
Nolanville6,690$72,480$244,900$1,174
Moody1,390$69,750$168,800$1,214
Harker Heights34,128$81,190$287,800$1,146
Little River-Academy2,233$75,563$183,300$1,463

More for people moving to Morgan's Point Resort

Morgan's Point Resort ZIP code ›Weather and climate ›

Living in Morgan's Point Resort: FAQ

What is the median household income in Morgan's Point Resort, TX?

The median household income in Morgan's Point Resort is $79,450, about the same as 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's Point Resort?

The median home value in Morgan's Point Resort is $245,100, compared with $283,800 in Texas.

How much is rent in Morgan's Point Resort?

The median gross rent in Morgan's Point Resort is $1,819 per month, about 19.9% of household income.

Is Morgan's Point Resort, TX a good place to live?

Pluses: median household income about the same as the Texas median; home values 14% lower than the state median; unemployment of 1.2%; a poverty rate of 6.3%. Minuses: an average commute of 29 minutes.

What is the median age in Morgan's Point Resort?

The median age in Morgan's Point Resort is 38.2 years (Texas: 35.6).

How long is the commute in Morgan's Point Resort?

The average commute to work in Morgan's Point Resort is 29 minutes; 10.5% of workers work from home.

What is the unemployment rate in Morgan's Point Resort?

The unemployment rate in Morgan's Point Resort is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Morgan's Point Resort?

41.4% of adults in Morgan's Point Resort 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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