Morgan County, Alabama
Income Data
At a Glance
How Morgan County Compares
Detailed Income Statistics
Data Story
About Household Income in Morgan County, Alabama
Morgan approaches the national average
Morgan County's median household income of $64,858 is 13% below the U.S. median of $74,755, a narrower gap than most Alabama counties. With per capita income at $34,510, Morgan demonstrates stronger earning capacity than regional and state peers.
Alabama's income standout
Morgan County ranks significantly above Alabama's state median of $54,196, earning $10,662 more per household annually. This 20% advantage places Morgan among Alabama's highest-income counties, well ahead of the state average in per capita earnings at $34,510.
Morgan leads the region clearly
Morgan's $64,858 median income tops every comparable county in the group—Mobile ($58,119), Montgomery ($58,153), and Randolph ($51,551) all trail significantly. Morgan's 15.4% rent-to-income ratio is also the region's lowest, indicating the strongest balance between earning and housing costs.
Balanced housing costs unlock savings
Morgan's rent-to-income ratio of 15.4% is the healthiest in this peer group, allowing households to spend less on housing and redirect funds to other goals. With median home values at $193,000, the typical Morgan family can afford homeownership while maintaining healthy financial reserves.
Morgan households can build aggressively
With strong income and controlled housing costs, Morgan residents can allocate 15-20% of household earnings to retirement, education savings, and investment accounts. This financial flexibility creates opportunities for wealth-building through home equity, diversified portfolios, and long-term asset accumulation.
Frequently Asked Questions
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County median: $64,858 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.