HomeIndianaMorgan CountyMorgantown
Morgantown, Indiana: commercial real estate data.
Morgantown is a Census town of 1,308 people across 0.38 square miles of land, in Morgan County. Median household income is $54,007, 74.1 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $141,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Morgantown
What Morgantown is
- Census place typetown
- Land area0.38 sq mi
- Water area0 sq mi
- Population per square mile of land3,463 plus or minus 702
- County holding the largest share of its areaMorgan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morgantown
How many people live in Morgantown
- Population1,308 plus or minus 265
- Median age34.9
- Population under 18376 plus or minus 123
- Share under 1828.7 percent plus or minus 7.3
- Population 65 and over180 plus or minus 72
- Share 65 and over13.8 percent plus or minus 4.8
- Households471 plus or minus 97
- Family households324 plus or minus 79
- Share of households that are families68.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morgantown
Income and work in Morgantown
- Median household income$54,007 plus or minus $17,814
- Per capita income$26,188
- Civilian labor force614 plus or minus 143
- Employed516 plus or minus 127
- Unemployed98 plus or minus 130
- Unemployment rate16.0 percent plus or minus 20.8
- Adults 25 and over818
- Adults 25 and over with a high school diploma or higher86.3 percent
- Adults 25 and over with a bachelor degree or higher7.3 percent plus or minus 4.2
- Adults 25 and over with a graduate degree3.5 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morgantown
Housing in Morgantown
- Housing units471 plus or minus 97
- Occupied units471 plus or minus 97
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied349 plus or minus 101
- Renter occupied122 plus or minus 57
- Ownership rate74.1 percent plus or minus 15.1
- Median owner-occupied home value$133,600 plus or minus $27,323
- Median gross rent, monthly$908
- Annual rent as a share of median income20.2 percent plus or minus 7.4
- Single family units394 plus or minus 97
- Share single family83.7 percent
- Units in buildings of two or more51 plus or minus 33
- Share in buildings of two or more10.8 percent plus or minus 6.7
- Mobile homes26 plus or minus 25
- Median year structure built1952
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morgantown
How Morgantown gets to work
- Workers 16 and over who commute472 plus or minus 123
- Commuting under 15 minutes93 plus or minus 51
- Share commuting under 15 minutes19.7 percent plus or minus 9.5
- Commuting 30 minutes or more283 plus or minus 74
- Share commuting 30 minutes or more60.0 percent
- Drove alone82.7 percent
- Carpooled9.9 percent plus or minus 7.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home6.3 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Morgantown
SBA loans in Morgantown (7(a))
- Approvals4
- Gross approval$141,000
- Average approval$35,250
- Median approval$37,500
- Largest approval$50,000
- Jobs supported14
- Jobs per approval3.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term99 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Morgantown, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morgantown
SBA loans in Morgantown (504)
- Approvals2
- Gross approval$695,000
- Average approval$347,500
- Median approval$347,500
- Largest approval$382,000
- Jobs supported7
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Morgantown, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morgantown
Flood risk in Morgantown
- NFIP communityTown of Morgantown
- NFIP community number180178
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/02/14
The Town of Morgantown participates in the National Flood Insurance Program as community 180178 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Morgan County, not Morgantown
Morgan County context, not Morgantown figures
- Establishments in Morgan County1,248
- Covered employment, Morgan County15,502
- Average annual pay, Morgan County$49,967
- Housing units permitted, Morgan County330
Every figure in this section is published for Morgan County as a whole and is not a measurement of Morgantown.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Morgantown questions, answered from the record.
How many people live in Morgantown, Indiana?
1,308, in 471 households. Morgantown town covers 0.38 square miles of land, which is 3,463 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Morgantown in?
Morgan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Morgantown?
$54,007. The median owner-occupied home is valued at $133,600. Median gross rent is $908 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Morgantown businesses?
4 7(a) approvals totaling $141,000 since FY2020, across 4 lenders, median approval $37,500, plus 2 504 approvals worth $695,000 since FY2010. These count approvals to borrowers whose address is in Morgantown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Morgantown borrowers get paid back?
No rate is published for Morgantown. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Morgantown in the National Flood Insurance Program?
Yes. Morgantown appears in the FEMA Community Status Book as Morgantown, town of, community 180178, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Morgantown figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morgan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Morgantown.
Is zoning published for Morgantown?
No. Nothing on this page presents parcel level zoning.