Morganfield
Morganfield city, Kentucky
If you're seeking a slice of Americana where affordability reigns supreme, then Morganfield, Kentucky, should be on your radar. This charming town of just over 3,200 residents offers a refreshingly laid-back lifestyle, far removed from the hustle and bustle of larger cities. Imagine a place where a home can be yours for a median value of just $126,900 – a stark contrast to the national average. This means your hard-earned dollars stretch further, allowing you to enjoy a comfortable existence without breaking the bank. Morganfield's friendly atmosphere and strong sense of community make it a place where neighbors greet each other and life moves at a slower, more enjoyable pace.
From an investment perspective, Morganfield presents an appealing opportunity. While the median household income sits at $57,619, the significantly lower housing costs mean a higher quality of life is achievable. Though specific unemployment figures aren't readily available, the town's stable economy, combined with its affordability, makes it ideal for first-time homebuyers, retirees looking to downsize, or those seeking a peaceful escape from the everyday grind. If you value a close-knit community, budget-friendly living, and a slower pace, Morganfield is the perfect place to put down roots.
Morganfield, Kentucky at a Glance
Morganfield is a city in Morganfield city, Kentucky with a population of approximately 3,242. The median home value is $126,900 and the median household income is $57,619.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $734 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$126,900
Median Income
$57,619
Population
3,242
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 3,242
- Median Age
- N/A
- Median Household Income
- $57,619
23% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 16.7%
35% above nat'l avg
- Median Home Value
- $126,900
55% below nat'l avg
- Median Rent
- $734
37% below nat'l avg
- Homeownership Rate
- 57.9%
12% 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
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 2.2%
41% below nat'l avg
- Poverty Rate
- 16.7%
35% above nat'l avg
Weather & Climate in Morganfield
Avg High
67°F
Avg Low
49°F
Annual Rainfall
49.2"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Morganfield
Union County Fair
Annual county fair featuring agricultural exhibits, carnival rides, and entertainment.
Morganfield Christmas Parade
A festive parade held annually in December, celebrating the holiday season.
Union County Relay for Life
A fundraising event benefiting the American Cancer Society.
Morganfield's Fall Festival
A community gathering with food, crafts, and entertainment.
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