The median household income in Morgantown, KY in 2022 was $28,695, which was 106.8% less than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $19,912 in 2000 this represents an increase of 30.6%. The per capita income in 2022 was $19,499, which means an increase of 37.9% compared to 2000 when it was $12,100.
Whole page based on the data from 2000 / 2022 when the population of Morgantown, Kentucky was 2,544 / 2,740
Income statistics for all residents
Median household income in Morgantown, KY in 2022:
Morgantown:
$28,696
State:
$59,341
Change in median household income between 2000 and 2022:
Morgantown, Kentucky:
+44.1%
State:
+76.2%
Number of households with income < $10k:
Morgantown:
17.7% (183)
Kentucky:
6.8% (123,697)
Number of households with income $10k - 20k:
Morgantown:
22.3% (230)
State:
10.0% (182,645)
Number of households with income $20k - 30k:
Morgantown:
12.0% (124)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Morgantown:
11.6% (120)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Morgantown:
6.5% (67)
State:
8.0% (146,315)
Number of households with income $50k - 60k:
Morgantown:
2.9% (30)
Kentucky:
7.7% (140,671)
Number of households with income $60k - 75k:
Morgantown:
8.5% (88)
Kentucky:
9.8% (180,002)
Number of households with income $75k - 100k:
Morgantown:
4.8% (50)
Kentucky:
12.6% (230,239)
Number of households with income $100k - 125k:
Morgantown:
9.7% (100)
State:
9.0% (164,398)
Number of households with income $125k - 150k:
Morgantown:
0.4% (4)
Kentucky:
5.9% (108,602)
Number of households with income $150k - 200k:
Morgantown:
2.7% (28)
Kentucky:
6.2% (112,813)
Number of households with income > $200k:
Morgantown:
0.8% (8)
State:
6.0% (109,599)
Aggregate household income in Morgantown in 2022: $43,344,646
Median family income in Morgantown in 2022:
Morgantown:
$43,558
State:
$76,119
Number of families with income < $10k:
Morgantown:
10.0% (51)
State:
4.3% (50,255)
Number of families with income $10k - 20k:
Morgantown:
12.0% (61)
State:
5.4% (62,899)
Number of families with income $20k - 30k:
Morgantown:
18.4% (93)
Kentucky:
6.5% (76,765)
Number of families with income $30k - 40k:
Morgantown:
7.5% (38)
State:
8.1% (95,183)
Number of families with income $40k - 50k:
Morgantown:
7.3% (37)
Kentucky:
7.1% (83,575)
Number of families with income $50k - 60k:
Morgantown:
2.0% (10)
State:
7.4% (86,258)
Number of families with income $60k - 75k:
Morgantown:
12.2% (62)
Kentucky:
10.3% (121,229)
Number of families with income $75k - 100k:
Morgantown:
9.3% (47)
Kentucky:
14.7% (172,722)
Number of families with income $100k - 125k:
Morgantown:
13.2% (67)
Kentucky:
11.5% (134,935)
Number of families with income $125k - 150k:
Morgantown:
0.8% (4)
State:
7.9% (93,107)
Number of families with income $150k - 200k:
Morgantown:
5.6% (28)
State:
8.4% (98,984)
Number of families with income > $200k:
Morgantown:
1.6% (8)
State:
8.2% (96,213)
Median non-family income in Morgantown in 2022:
Morgantown:
$17,183
State:
$33,993
Change in median non-family income between 2000 and 2022:
Morgantown, Kentucky:
+39.6%
Kentucky:
+79.2%
Median per capita income in Morgantown in 2022:
Morgantown:
$19,500
State:
$33,980
Change in median per capita income between 2000 and 2022:
Morgantown, Kentucky:
+61.2%
Kentucky:
+87.8%
Income statistics for White residents
Median household income in Morgantown, KY in 2022:
Morgantown:
$31,232
Kentucky:
$60,987
Change in median household income between 2000 and 2022:
Morgantown, Kentucky:
+62.2%
State:
+76.2%
Number of households with income < $10k:
Morgantown:
14.9% (140)
State:
6.2% (96,690)
Number of households with income $10k - 20k:
Morgantown:
23.7% (223)
State:
9.7% (151,125)
Number of households with income $20k - 30k:
Morgantown:
11.2% (105)
Kentucky:
8.9% (139,532)
Number of households with income $30k - 40k:
Morgantown:
10.9% (102)
Kentucky:
9.1% (142,284)
Number of households with income $40k - 50k:
Morgantown:
6.9% (65)
State:
7.7% (121,151)
Number of households with income $50k - 60k:
Morgantown:
3.2% (30)
State:
7.7% (119,790)
Number of households with income $60k - 75k:
Morgantown:
9.1% (86)
Kentucky:
9.9% (154,174)
Number of households with income $75k - 100k:
Morgantown:
5.2% (49)
State:
12.8% (199,740)
Number of households with income $100k - 125k:
Morgantown:
10.6% (100)
Kentucky:
9.4% (146,284)
Number of households with income $125k - 150k:
Morgantown:
0.4% (4)
Kentucky:
6.0% (94,180)
Number of households with income $150k - 200k:
Morgantown:
3.0% (28)
State:
6.4% (100,702)
Number of households with income > $200k:
Morgantown:
0.9% (8)
State:
6.3% (98,502)
Aggregate household income in Morgantown in 2022: $41,096,373
Median family income in Morgantown in 2022:
Morgantown:
$46,116
State:
$78,353
Number of families with income < $10k:
Morgantown:
7.9% (37)
State:
3.7% (37,075)
Number of families with income $10k - 20k:
Morgantown:
12.1% (56)
State:
4.9% (49,864)
Number of families with income $20k - 30k:
Morgantown:
16.6% (77)
State:
6.4% (64,043)
Number of families with income $30k - 40k:
Morgantown:
8.2% (38)
State:
8.0% (81,080)
Number of families with income $40k - 50k:
Morgantown:
7.5% (35)
State:
6.9% (69,099)
Number of families with income $50k - 60k:
Morgantown:
2.1% (10)
State:
7.2% (72,955)
Number of families with income $60k - 75k:
Morgantown:
12.9% (60)
Kentucky:
10.4% (104,587)
Number of families with income $75k - 100k:
Morgantown:
10.0% (46)
Kentucky:
15.0% (151,545)
Number of families with income $100k - 125k:
Morgantown:
14.1% (66)
State:
11.9% (120,340)
Number of families with income $125k - 150k:
Morgantown:
0.9% (4)
State:
8.1% (81,620)
Number of families with income $150k - 200k:
Morgantown:
6.0% (28)
State:
8.8% (89,097)
Number of families with income > $200k:
Morgantown:
1.7% (8)
Kentucky:
8.6% (86,849)
Median non-family income in Morgantown in 2022:
Morgantown:
$17,236
State:
$34,415
Change in median non-family income between 2000 and 2022:
Morgantown, Kentucky:
+45.6%
State:
+78.3%
Median per capita income in Morgantown in 2022:
Morgantown:
$20,368
State:
$35,352
Change in median per capita income between 2000 and 2022:
Morgantown, Kentucky:
+71.1%
State:
+90.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Morgantown:
0.0% (0)
State:
12.3% (17,072)
Number of households with income $10k - 20k:
Morgantown:
0.0% (0)
State:
13.6% (18,796)
Number of households with income $20k - 30k:
Morgantown:
100.0% (14)
State:
10.9% (15,069)
Number of households with income $30k - 40k:
Morgantown:
0.0% (0)
State:
9.0% (12,510)
Number of households with income $40k - 50k:
Morgantown:
0.0% (0)
State:
10.2% (14,121)
Number of households with income $50k - 60k:
Morgantown:
0.0% (0)
State:
8.1% (11,147)
Number of households with income $60k - 75k:
Morgantown:
0.0% (0)
State:
8.9% (12,361)
Number of households with income $75k - 100k:
Morgantown:
0.0% (0)
Kentucky:
10.1% (14,009)
Number of households with income $100k - 125k:
Morgantown:
0.0% (0)
State:
6.1% (8,400)
Number of households with income $125k - 150k:
Morgantown:
0.0% (0)
State:
4.3% (5,950)
Number of households with income $150k - 200k:
Morgantown:
0.0% (0)
State:
4.0% (5,560)
Number of households with income > $200k:
Morgantown:
0.0% (0)
State:
2.5% (3,413)
Aggregate household income in Morgantown in 2022: $380,538
Median per capita income in Morgantown in 2022:
Morgantown:
$598
Kentucky:
$27,117
Income statistics for Asian residents
Median per capita income in Morgantown in 2022:
Morgantown:
$94,547
State:
$42,939
Change in median per capita income between 2000 and 2022:
Morgantown, Kentucky:
+67.9%
State:
+76.3%
Income statistics for Hispanic or Latino residents
Median household income in Morgantown, KY in 2022:
Morgantown:
$22,556
State:
$57,971
Change in median household income between 2000 and 2022:: -44.6%
Morgantown, Kentucky:
-44.6%
State:
+96.2%
Number of households with income < $10k:
Morgantown:
13.8% (12)
Kentucky:
7.0% (3,568)
Number of households with income $10k - 20k:
Morgantown:
19.5% (17)
State:
5.5% (2,811)
Number of households with income $20k - 30k:
Morgantown:
31.0% (27)
State:
9.1% (4,637)
Number of households with income $30k - 40k:
Morgantown:
18.4% (16)
State:
10.0% (5,109)
Number of households with income $40k - 50k:
Morgantown:
0.0% (0)
State:
10.3% (5,241)
Number of households with income $50k - 60k:
Morgantown:
0.0% (0)
Kentucky:
9.1% (4,609)
Number of households with income $60k - 75k:
Morgantown:
17.2% (15)
Kentucky:
12.4% (6,299)
Number of households with income $75k - 100k:
Morgantown:
0.0% (0)
State:
12.9% (6,562)
Number of households with income $100k - 125k:
Morgantown:
0.0% (0)
Kentucky:
8.0% (4,066)
Number of households with income $125k - 150k:
Morgantown:
0.0% (0)
Kentucky:
5.3% (2,685)
Number of households with income $150k - 200k:
Morgantown:
0.0% (0)
State:
4.3% (2,173)
Number of households with income > $200k:
Morgantown:
0.0% (0)
Kentucky:
6.1% (3,099)
Aggregate household income in Morgantown in 2022: $2,783,379
Median family income in Morgantown in 2022:
Morgantown:
$21,284
Kentucky:
$58,603
Number of families with income < $10k:
Morgantown:
13.0% (10)
State:
5.3% (1,907)
Number of families with income $10k - 20k:
Morgantown:
28.4% (23)
State:
6.4% (2,298)
Number of families with income $20k - 30k:
Morgantown:
41.5% (33)
State:
9.4% (3,414)
Number of families with income $60k - 75k:
Morgantown:
17.1% (14)
Kentucky:
10.1% (3,652)
Median per capita income in Morgantown in 2022:
Morgantown:
$6,756
Kentucky:
$24,650
Change in median per capita income between 2000 and 2022:: -50.1%
Morgantown, Kentucky:
-50.1%
State:
+106.1%
Income statistics for Multirace residents
Median household income in Morgantown, KY in 2022:
Morgantown:
$9,371
State:
$56,359
Change in median household income between 2000 and 2022:: -67.4%
Morgantown, Kentucky:
-67.4%
State:
+107.8%
Number of households with income < $10k:
Morgantown:
85.5% (59)
Kentucky:
8.3% (6,780)
Number of households with income $10k - 20k:
Morgantown:
2.9% (2)
State:
11.0% (9,005)
Number of households with income $20k - 30k:
Morgantown:
11.6% (8)
Kentucky:
8.6% (7,004)
Number of households with income $30k - 40k:
Morgantown:
0.0% (0)
State:
9.0% (7,406)
Number of households with income $40k - 50k:
Morgantown:
0.0% (0)
State:
8.2% (6,707)
Number of households with income $50k - 60k:
Morgantown:
0.0% (0)
State:
7.4% (6,048)
Number of households with income $60k - 75k:
Morgantown:
0.0% (0)
State:
11.2% (9,202)
Number of households with income $75k - 100k:
Morgantown:
0.0% (0)
State:
11.9% (9,767)
Number of households with income $100k - 125k:
Morgantown:
0.0% (0)
Kentucky:
7.1% (5,846)
Number of households with income $125k - 150k:
Morgantown:
0.0% (0)
State:
6.9% (5,667)
Number of households with income $150k - 200k:
Morgantown:
0.0% (0)
State:
5.1% (4,171)
Number of households with income > $200k:
Morgantown:
0.0% (0)
State:
5.2% (4,241)
Aggregate household income in Morgantown in 2022: $877,846
Median per capita income in Morgantown in 2022:
Morgantown:
$4,991
Kentucky:
$25,670
Change in median per capita income between 2000 and 2022:: -12.6%
Morgantown, Kentucky:
-12.6%
Kentucky:
+132.3%
Income statistics for other residents
Number of households with income < $10k:
Morgantown:
0.0% (0)
Kentucky:
7.2% (1,360)
Number of households with income $10k - 20k:
Morgantown:
0.0% (0)
State:
8.0% (1,524)
Number of households with income $20k - 30k:
Morgantown:
0.0% (0)
Kentucky:
8.6% (1,635)
Number of households with income $30k - 40k:
Morgantown:
100.0% (25)
State:
11.1% (2,110)
Number of households with income $40k - 50k:
Morgantown:
0.0% (0)
State:
12.0% (2,269)
Number of households with income $50k - 60k:
Morgantown:
0.0% (0)
State:
5.1% (964)
Number of households with income $60k - 75k:
Morgantown:
0.0% (0)
State:
13.0% (2,456)
Number of households with income $75k - 100k:
Morgantown:
0.0% (0)
Kentucky:
17.5% (3,305)
Number of households with income $100k - 125k:
Morgantown:
0.0% (0)
Kentucky:
7.6% (1,433)
Number of households with income $125k - 150k:
Morgantown:
0.0% (0)
State:
3.4% (649)
Number of households with income $150k - 200k:
Morgantown:
0.0% (0)
State:
4.4% (833)
Number of households with income > $200k:
Morgantown:
0.0% (0)
State:
2.1% (395)
Aggregate household income in Morgantown in 2022: $9,156,405
Median per capita income in Morgantown in 2022:
Morgantown:
$2,160
Kentucky:
$20,913
Change in median per capita income between 2000 and 2022:: -86.3%
Morgantown, Kentucky:
-86.3%
State:
+98.1%
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-44.6%
+96.2%
