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Morgan, Texas: commercial real estate data.

Morgan is a Census city of 525 people across 0.74 square miles of land, in Bosque County. Median household income is $52,500, 65.3 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.2 m since FY2020.

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

Morgan

What Morgan is

  • Census place typecity
  • Land area0.74 sq mi
  • Water area0 sq mi
  • Population per square mile of land708 plus or minus 244
  • County holding the largest share of its areaBosque 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.

Morgan

How many people live in Morgan

  • Population525 plus or minus 181
  • Median age40.3 plus or minus 10.2
  • Population under 18109 plus or minus 51
  • Share under 1820.8 percent plus or minus 6.5
  • Population 65 and over66 plus or minus 30
  • Share 65 and over12.6 percent plus or minus 3.6
  • Households176 plus or minus 56
  • Family households138 plus or minus 48
  • Share of households that are families78.4 percent

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

Morgan

Income and work in Morgan

  • Median household income$52,500 plus or minus $12,636
  • Per capita income$17,463 plus or minus $4,935
  • Civilian labor force241 plus or minus 88
  • Employed205 plus or minus 71
  • Unemployed36 plus or minus 43
  • Unemployment rate14.9 percent plus or minus 17.0
  • Adults 25 and over350 plus or minus 126
  • Adults 25 and over with a high school diploma or higher60.6 percent
  • Adults 25 and over with a bachelor degree or higher1.1 percent plus or minus 4.5
  • Adults 25 and over with a graduate degree0.0 percent

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

Morgan

Housing in Morgan

  • Housing units231 plus or minus 63
  • Occupied units176 plus or minus 56
  • Vacant units55 plus or minus 27
  • Vacancy rate23.8 percent plus or minus 9.7
  • Owner occupied115 plus or minus 45
  • Renter occupied61 plus or minus 33
  • Ownership rate65.3 percent plus or minus 14.9
  • Median owner-occupied home value$81,800
  • Median gross rent, monthly$930 plus or minus $258
  • Annual rent as a share of median income21.3 percent plus or minus 7.8
  • Single family units158 plus or minus 60
  • Share single family68.4 percent plus or minus 18.0
  • Units in buildings of two or more12 plus or minus 21
  • Share in buildings of two or more5.2 percent plus or minus 9.1
  • Mobile homes61 plus or minus 23
  • Median year structure built1981

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

Morgan

How Morgan gets to work

  • Workers 16 and over who commute195 plus or minus 70
  • Commuting under 15 minutes46 plus or minus 29
  • Share commuting under 15 minutes23.6 percent plus or minus 12.0
  • Commuting 30 minutes or more83 plus or minus 38
  • Share commuting 30 minutes or more42.6 percent plus or minus 12.2
  • Drove alone78.4 percent
  • Carpooled16.2 percent plus or minus 8.6
  • Public transport0.0 percent
  • Walked0.0 percent
  • Worked from home4.4 percent plus or minus 4.1

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

Morgan

SBA loans in Morgan (7(a))

  • Approvals3
  • Gross approval$2,248,000
  • Average approval$749,333
  • Median approval$645,000
  • Largest approval$1,204,000
  • Jobs supported10
  • Jobs per approval3.3
  • Loans with a final outcome1
  • Paid in full1
  • Charged off0
  • Median term300 months
  • Share on real estate terms of 20 years or more100.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders2
  • Distinct industries by NAICS2

Counted by borrower city: approvals to borrowers whose address is in Morgan, 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.

Morgan

Flood risk in Morgan

  • NFIP communityCity of Morgan
  • NFIP community number481123
  • Participating in the NFIPNo
  • Community Rating System classNone
  • Currently effective map date01/06/11

The City of Morgan does not participate in the National Flood Insurance Program as community 481123 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.

Bosque County, not Morgan

Bosque County context, not Morgan figures

  • Establishments in Bosque County315
  • Covered employment, Bosque County4,077
  • Average annual pay, Bosque County$55,213
  • Housing units permitted, Bosque County12

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

All Bosque 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

Morgan questions, answered from the record.

How many people live in Morgan, Texas?

525, in 176 households. Morgan city covers 0.74 square miles of land, which is 708 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Morgan in?

Bosque 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 Morgan?

$52,500. The median owner-occupied home is valued at $81,800. Median gross rent is $930 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Morgan businesses?

3 7(a) approvals totaling $2.2 m since FY2020, across 2 lenders, median approval $645,000. These count approvals to borrowers whose address is in Morgan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Morgan borrowers get paid back?

No rate is published for Morgan. 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 Morgan in the National Flood Insurance Program?

No, it is listed but not participating. Morgan appears in the FEMA Community Status Book as Morgan, city of, community 481123, 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 Morgan figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bosque 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 Morgan.

Is zoning published for Morgan?

No. Nothing on this page presents parcel level zoning.