Morehead
Morehead city, Kentucky
Nestled in the heart of Appalachia, Morehead, Kentucky, offers a refreshingly affordable lifestyle, a world away from the pressures of metropolitan living. With a population of just over 7,000, this charming town boasts a median home value of $159,100, significantly below the national average. This makes homeownership here an achievable dream for many, especially when you consider the cost of living is noticeably lower. The pace of life is relaxed, focused on community, and the natural beauty of the surrounding Daniel Boone National Forest is a constant draw for outdoor enthusiasts. It's a place where neighbors know each other, and the emphasis is on a simple, fulfilling existence.
From an investment perspective, Morehead presents a compelling case for those seeking value. While the median household income of $32,020 is lower than the national average, the low cost of living offsets this, meaning your dollar stretches further. The real estate market is stable, with consistent demand driven by the local university and the appeal of affordable housing. Morehead is an ideal location for first-time homebuyers, retirees looking to downsize, or anyone seeking a peaceful, safe environment to raise a family. The town's close-knit community and access to outdoor recreation make it an attractive place to call home.
Morehead, Kentucky at a Glance
Morehead is a city in Morehead city, Kentucky with a population of approximately 7,001. The median home value is $159,100 and the median household income is $32,020. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $739 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$159,100
Median Income
$32,020
Population
7,001
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Good
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- Population
- 7,001
- Median Age
- N/A
- Median Household Income
- $32,020
57% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 34.5%
178% above nat'l avg
- Median Home Value
- $159,100
44% below nat'l avg
- Median Rent
- $739
36% below nat'l avg
- Homeownership Rate
- 33.0%
50% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 50.22
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.1ยข/kWh
27% below nat'l avg
- Est. Monthly Electric
- $109
20% below nat'l avg
- Unemployment Rate
- 5.2%
41% above nat'l avg
- Poverty Rate
- 34.5%
178% above nat'l avg
Political Landscape
โ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Morehead
Morehead State University Homecoming
An annual celebration for alumni and students with various events.
Morehead Pride
An annual celebration of the LGBTQ+ community in Morehead.
Cave Run Lake Festival
A festival celebrating the local lake with activities and vendors.
Morehead Farmers Market
A weekly market offering locally grown produce and crafts.
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