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Morgantown, Kentucky: commercial real estate data.

Morgantown is a Census city of 2,479 people across 3.33 square miles of land, in Butler County. Median household income is $37,604, 31.1 percent of occupied homes are owned.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Morgantown

What Morgantown is

  • Census place typecity
  • Land area3.33 sq mi
  • Water area0.03 sq mi
  • Population per square mile of land745
  • County holding the largest share of its areaButler 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

  • Population2,479
  • Median age35.1
  • Population under 18654 plus or minus 149
  • Share under 1826.4 percent plus or minus 6.0
  • Population 65 and over428 plus or minus 108
  • Share 65 and over17.3 percent plus or minus 4.3
  • Households909
  • Family households454
  • Share of households that are families49.9 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$37,604 plus or minus $12,218
  • Per capita income$20,259
  • Civilian labor force878
  • Employed765
  • Unemployed113 plus or minus 98
  • Unemployment rate12.9 percent plus or minus 11.0
  • Adults 25 and over1,721
  • Adults 25 and over with a high school diploma or higher78.8 percent
  • Adults 25 and over with a bachelor degree or higher5.3 percent plus or minus 2.6
  • Adults 25 and over with a graduate degree2.3 percent plus or minus 1.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Morgantown

Housing in Morgantown

  • Housing units1,034
  • Occupied units909
  • Vacant units125 plus or minus 78
  • Vacancy rate12.1 percent plus or minus 7.4
  • Owner occupied283 plus or minus 86
  • Renter occupied626
  • Ownership rate31.1 percent plus or minus 8.6
  • Median owner-occupied home value$114,000
  • Median gross rent, monthly$628
  • Annual rent as a share of median income20.0 percent plus or minus 7.0
  • Single family units488 plus or minus 135
  • Share single family47.2 percent plus or minus 11.6
  • Units in buildings of two or more437 plus or minus 125
  • Share in buildings of two or more42.3 percent plus or minus 10.9
  • Mobile homes109 plus or minus 66
  • Median year structure built1976

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 commute755
  • Commuting under 15 minutes301 plus or minus 130
  • Share commuting under 15 minutes39.9 percent plus or minus 15.4
  • Commuting 30 minutes or more250 plus or minus 101
  • Share commuting 30 minutes or more33.1 percent plus or minus 11.8
  • Drove alone79.0 percent
  • Carpooled18.6 percent plus or minus 7.8
  • Public transport0.0 percent
  • Walked2.0 percent plus or minus 2.3
  • Worked from home0.4 percent plus or minus 0.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Morgantown

SBA loans in Morgantown (504)

  • Approvals1
  • Gross approval$1,433,000
  • Average approval$1,433,000
  • Median approval$1,433,000
  • Largest approval$1,433,000
  • Jobs supported20
  • Loans with a final outcome0
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

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 number210242
  • Participating in the NFIPYes
  • Community Rating System classNone
  • Currently effective map date01/08/14

The Town of Morgantown participates in the National Flood Insurance Program as community 210242 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.

Butler County, not Morgantown

Butler County context, not Morgantown figures

  • Establishments in Butler County190
  • Covered employment, Butler County2,929
  • Average annual pay, Butler County$46,410
  • Housing units permitted, Butler County6

Every figure in this section is published for Butler County as a whole and is not a measurement of Morgantown.

All Butler County figures →

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, Kentucky?

2,479, in 909 households. Morgantown city covers 3.33 square miles of land, which is 745 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?

Butler 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?

$37,604. The median owner-occupied home is valued at $114,000. Median gross rent is $628 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Is Morgantown in the National Flood Insurance Program?

Yes. Morgantown appears in the FEMA Community Status Book as Morgantown, town of, community 210242, 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 Butler 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.