Median Income
$50,257
household / year
Median Home Value
$122,900
owner-occupied
Median Rent
$854
gross / month
Cost of Living
95
national avg = 100

Is Morgantown, IN a Good Place to Live?

Morgantown is a small town of 1,293 in Indiana, with a median household income of $50,257 and a 19.0% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Morgantown stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Morgantown is right for you depends on your priorities — the full breakdown is below.

All Morgantown city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.6

Morgantown's overall cost of living index is 94.6, where 100 represents the US national average. Living in Morgantown costs roughly 5% less than the average American city.

Metric Morgantown, IN National Avg
Median Home Value $122,900 $244,900
Median Monthly Rent $854 $1,163
Homeownership Rate 74.1% 65.9%
Median Household Income $50,257 $74,755

Crime & Safety

Crime data for Morgantown is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Morgantown is served primarily by Brown County School Corporation. The student-to-teacher ratio is 13.1:1 (better than the national average of ~16:1).

Metric Morgantown, IN National Avg
School District Brown County School Corporation
Elementary Schools 3
Middle Schools 1
High Schools 1
Student/Teacher Ratio 13.1:1 16:1
Bachelor's Degree or Higher 7.2% 35.4%
High School Diploma or Higher 86.9% 91.1%

Weather & Climate

Morgantown sees average highs of 36.3°F in January and 83.9°F in July, with 47.6 inches of annual precipitation and 19.7 inches of snow per year.

MetricMorgantown, IN
Average High — January36.3°F
Average High — July83.9°F
Annual Precipitation47.6"
Annual Snowfall19.7"

Demographics

MetricMorgantown, INNational Avg
Population1,293
Median Age36.038.9
Unemployment Rate19.0%3.7%
Avg Commute Time35.7 min26 min
White (non-Hispanic)93.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino4.3%18.9%
Asian1.1%6.3%
Under 1829.3%22.2%
65 and over15.9%16.8%

Nearby Cities

ZIP Codes in Morgantown

Morgantown, IN is covered by 1 ZIP code:

Morgantown vs Other Cities

Frequently Asked Questions

Morgantown's cost of living index is 95, where 100 is the national average. That makes Morgantown roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $122,900 and median rent is $854/month.
Crime data for Morgantown is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Morgantown are operated by Brown County School Corporation. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 13.1:1. 7.2% of adults 25+ hold a bachelor's degree or higher.
Morgantown, IN has a population of 1,293, a median household income of $50,257, and an unemployment rate of 19.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Morgantown averages 36.3°F in January and 83.9°F in July. Annual rainfall is 47.6 inches with about 19.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Morgantown, IN is covered by 1 ZIP code: 46160.
The population of Morgantown, Indiana is 1,293 with a median age of 36.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Morgantown: cost of living index 95 (100 = US average), median home $122,900, median household income $50,257, schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Morgantown side by side with your current city to see the trade-offs.