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All About

Living In Morganfield, KY

Morganfield is a small town in Kentucky with just over 3,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%), while young adults feature less prominently in the demographics. Overall, the town's residents, at an average age of just under 43, skew older than most cities in Kentucky. Most residents own their homes in Morganfield, and 40% of residents rent. With a relatively low average rent of $584 per month in the town, renting remains an affordable option, particularly compared to other cities in Kentucky. Over the course of a year, renters in Morganfield will save around $2,400 compared to the state average.

Morganfield has a large concentration of residents older than 25 with a high school degree or equivalent (37%) compared to the national average. Further, 5% have earned a Bachelor's degree and 4% possess a Master's or Doctoral degree. Many Morganfield residents work in one of three industries: healthcare, retail, and manufacturing. Combined, these industries account for 24% of the workforce in the town. Meanwhile, in terms of job function, many of the town's workers are in sales, making it the top field in the town. With an average annual income of about $46K, Morganfield workers take home less than their peers elsewhere in the state. Morganfield's average income also trails the national average of $73,345.

Averaging about 19 minutes, the commute time for Morganfield residents is shorter than the Kentucky average of about 23 minutes. Many residents (43%) commute to work by car or truck, while public transportation is not used. Few residents (3%) walk to work, though the number is greater than the national average.


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