Morgan County, West Virginia
Income Data
At a Glance
How Morgan County Compares
Detailed Income Statistics
Data Story
About Household Income in Morgan County, West Virginia
Morgan County earns above the curve
Morgan County's median household income of $63,805 exceeds the national median of $74,755 by 14.7%, placing it in the upper tier nationally. This strong performance reflects economic resilience in a rural county with strategic access to regional employment centers.
Top earners in West Virginia
Morgan County ranks among West Virginia's highest-income counties, with a median household income 16.5% above the state average of $54,746. This positions the county as a economic leader within its state, driven by diverse employment opportunities.
Outpacing nearby counties
Morgan County's $63,805 median income significantly outpaces neighboring Pendleton County ($61,738) and Preston County ($61,373), though it trails Putnam County ($77,871). The gap reflects Morgan's proximity to regional job markets and stronger wage growth.
Housing costs remain manageable
With a rent-to-income ratio of 15.7%, Morgan County households allocate less than one-sixth of earnings to rent, well below the 30% affordability threshold. A median home value of $223,100 is reasonable relative to household incomes, supporting homeownership access.
Build on strong income foundation
Morgan County's above-average incomes create opportunity for wealth building through retirement savings and investment. Consider maximizing 401(k) contributions and exploring low-cost index funds to grow your household's long-term financial security.
Frequently Asked Questions
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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.