Morgantown
Morgantown city, Kentucky
Nestled in the heart of Butler County, Morgantown, Kentucky, offers a refreshing alternative to the hustle and bustle of larger cities. With a population of just over 2,700, this close-knit community exudes a charm that's hard to resist. The real draw for many is the unparalleled affordability; the median home value hovers around a remarkable $104,200, a stark contrast to the national median. Imagine owning a home for a fraction of the cost, freeing up your finances for other pursuits. This is the reality in Morgantown, where you can embrace a simpler lifestyle without sacrificing comfort or quality of life.
From an investment perspective, Morgantown presents a compelling opportunity. While the median household income of $29,103 is lower than the national average, the cost of living is significantly lower, allowing for a comfortable existence. The low crime rate and friendly atmosphere make it an ideal place for families and retirees alike. Morgantown's real estate market is stable, with consistent demand driven by its affordability and quality of life. If you're seeking a safe, friendly community where your dollar stretches further, Morgantown, Kentucky, is definitely worth a closer look.
Morgantown, Kentucky at a Glance
Morgantown is a city in Morgantown city, Kentucky with a population of approximately 2,734. The median home value is $104,200 and the median household income is $29,103. 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 $565 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$104,200
Median Income
$29,103
Population
2,734
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Low
Good
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- Population
- 2,734
- Median Age
- N/A
- Median Household Income
- $29,103
61% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 40.1%
223% above nat'l avg
- Median Home Value
- $104,200
63% below nat'l avg
- Median Rent
- $565
51% below nat'l avg
- Homeownership Rate
- 33.7%
49% 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
- 8.2¢/kWh
50% below nat'l avg
- Est. Monthly Electric
- $74
46% below nat'l avg
- Unemployment Rate
- 11.7%
216% above nat'l avg
- Poverty Rate
- 40.1%
223% above nat'l avg
Weather & Climate in Morgantown
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 Morgantown
Butler County Fair
Annual county fair featuring livestock shows, carnival rides, and local entertainment.
Morgantown Christmas Parade
A festive parade held annually to celebrate the holiday season.
Green River Catfish Festival
A local festival celebrating the area's catfish with food, music, and activities.
Butler County Relay for Life
An annual fundraising event for the American Cancer Society.
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