C-

Morgantown, IN

Source:

Affordability Score: 51/100

Population: 6,421 · 1 ZIP codes

The affordability dashboard for Morgantown, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 6,421 residents, then layers in county-level federal data to produce an overall grade of C- (51/100). The headline inputs are median household income of $76,445, median home value of $241,700, median rent of $915 per month, and 17.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,473 per month (studio $1,118, 1BR $1,267, 3BR $1,907, 4BR $2,338).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are education, commute. Unemployment currently reads 3.3% and poverty 9.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$76,445
Median household income
Education F
17.2%
Bachelor's degree or higher
Housing C+
3.2x
Home value $241,700 vs income
Commute F
47 min
Average commute time
Rent B
$1,473/mo
2BR fair market rent (23% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$76,445
▲ 23% vs national
Per Capita Income
$39,203
Unemployment Rate
3.3%
Poverty Rate
9.0%

Housing

Median Home Value
$241,700
▼ 12% vs national
Median Rent
$915/mo
Owner Occupied
87.8%
2BR Fair Market Rent
$1,473/mo
▲ 23% vs national

Fair Market Rents by Bedroom

Studio
$1,118
1BR
$1,267
2BR
$1,473
3BR
$1,907
4BR
$2,338

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
17.2%
▼ 13 ppt vs national
High School+
59.0%
Median Age
42.1
Avg. Commute
47 min
▲ 21 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Morgantown, IN receives an overall affordability grade of C- (51/100), aggregated from 1 ZIP codes with a total population of 6,421. Challenges include education and commute. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Morgantown, IN affordable?
Morgantown, IN receives an overall affordability grade of C- (51/100) based on Census, HUD, FBI, and DOL data. Median household income is $76,445. Median home value is $241,700.
What is the cost of living in Morgantown?
Key cost metrics: Median rent $915/mo. 2BR fair market rent $1,473/mo. Median home value $241,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →