The gateway to Indiana’s storied southern hills, Morgantown is a proud small town and a quick trip to many of Indiana’s most beloved tourist spots. The picturesque downtown blends unique architecture and business types, creating a hub of activity and spots where friendly neighbors can catch up on what’s new. Check out their website.
As of 2026 the population of Morgantown, IN is 1,007. The population is expected to grow to 1,011 by 2031 - a growth rate of 0.08%.
The median age of Morgantown, IN residents is 38.
The diversity index of Morgantown, IN is 21.6, meaning that there is a 22% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Morgantown, IN is $64,297 and projected to be $77,627 in 2031. Per capita income is $25,718, projected to be $31,332 in 2031. 0.7% of households – 7 – have an income of $200,000 or higher. Average net worth is $456,571 and the average disposable income is $49,472.
There are 423 housing units in Morgantown, IN; 262 are owner-occupied, 136 are rented, and 25 are vacant. The average home value is $245,926, with 0 homes built in 2010 or later, and 157 built in 1939 or earlier.
There are 46 businesses in Morgantown, IN, employing 186 workers and pulling from a labor force of 504 age 16 and above. 341 workers commute into Morgantown, IN from outside the county or state. Key industries for the area include:
163 residents both live and work in/around Morgantown, IN. The average travel time is 0.0 minutes. 28.22% people have a commute of less than 5 minutes while 13.5% commute 90 minutes or more each way. Of commuters, 417 drive alone, 50 carpool, and 0 take public transportation. 5 use other modes of transport such as motorcycle, bicycle, walking, etc. 32 residents work from home.
361 members of the workforce hold a high school diploma or GED. 94 have associates degrees, 49 have bachelor’s degrees, and 32 hold a graduate or professional degree.
Source: ESRI, 2026-08-31
