Morgan County, Missouri

Income Data

-17% vs. Missouri average
$49,663
Median Household Income
$30,589
Per Capita Income

At a Glance

Median Household Income
$49,663
-17% vs. state avg
Per Capita Income
$30,589
-22% vs. national
Income-to-Housing Ratio
27.5%
income as % of home value
Rank in Missouri
#95 / 115
by median household income

How Morgan County Compares

Morgan County$49,663
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$49,663
Median Household Income
$30,589
Per Capita Income
$180,400
Median Home Value
27.5%
Income-to-Housing Ratio

Data Story

About Household Income in Morgan County, Missouri

Morgan County's income falls short nationally

Morgan County's median household income of $49,663 trails the U.S. median of $74,755 by roughly $25,100, indicating substantial economic gap. Despite lower household income, Morgan's per capita income of $30,589 suggests above-state-average individual earnings.

Below state average, lower ranked

Morgan County's median household income of $49,663 lags Missouri's state average of $59,503 by nearly $10,000. Among the eight surveyed counties, Morgan ranks in the lower half, reflecting limited household earning power.

Lower-tier earner in region

Morgan County's $49,663 income ranks fifth among eight counties, exceeding only Mississippi ($46,258), Monroe ($48,299), and New Madrid ($49,237). The $15,500 gap to Moniteau ($65,161) highlights economic disparities within the immediate region.

High home values challenge affordability

Morgan County's 16.7% rent-to-income ratio approaches affordability strain, and the situation worsens when paired with the median home value of $180,400—the highest in the dataset. Households earn modestly while facing the steepest homeownership costs, creating real barriers.

Seek down-payment assistance programs

Morgan households aspiring to homeownership should explore state and federal first-time buyer programs, which can reduce down payments and closing costs. Consulting a HUD-certified housing counselor clarifies available grants and low-interest loan options.

Frequently Asked Questions

What is the median household income in Morgan County, Missouri?
The median household income in Morgan County, Missouri is $49,663, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Morgan County?
The per capita income in Morgan County is $30,589, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $49,663.
How does Morgan County compare to the Missouri average?
Morgan County's median household income of $49,663 is lower than the Missouri state average of $59,503. The per capita income is $30,589, compared to the state average of $31,011.
What is the per capita income in Morgan County, Missouri?
The per capita income in Morgan County, Missouri is $30,589, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Morgan County a low-income area in Missouri?
Morgan County's median household income of $49,663 is below the Missouri average of $59,503. The per capita income of $30,589 is also lower than the state average of $31,011. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Morgan County rank for income in Missouri?
Morgan County ranks #95 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $49,663 and per capita income of $30,589, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Morgan County

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County median: $49,663 per year

vs. County Median

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vs. State Average

-17%

vs. National Median

-34%

vs. Morgan County MedianAbout equal
vs. Missouri Average17% below
vs. National Median34% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($4,139) vs. median rent ($692/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.