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 2025 the population of Morgantown, IN is 1,002. The population is expected to shrink to 984 by 2030 - a growth rate of -0.36%.
The median age of Morgantown, IN residents is 42.
The diversity index of Morgantown, IN is 16.0, meaning that there is a 16% 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 $66,924 and projected to be $80,327 in 2030. Per capita income is $26,233, projected to be $31,970 in 2030. 0.7% of households – 7 – have an income of $200,000 or higher. Average net worth is $453,996 and the average disposable income is $53,065.
There are 416 housing units in Morgantown, IN; 307 are owner-occupied, 85 are rented, and 24 are vacant. The average home value is $275,163, with 0 homes built in 2010 or later, and 161 built in 1939 or earlier.
There are 48 businesses in Morgantown, IN, employing 225 workers and pulling from a labor force of 466 age 16 and above. 324 workers commute into Morgantown, IN from outside the county or state. Key industries for the area include:
142 residents both live and work in/around Morgantown, IN. The average travel time is 35.7 minutes. 27.46% people have a commute of less than 5 minutes while 11.27% commute 90 minutes or more each way. Of commuters, 379 drive alone, 63 carpool, and 0 take public transportation. 0 use other modes of transport such as motorcycle, bicycle, walking, etc. 24 residents work from home.
336 members of the workforce hold a high school diploma or GED. 76 have associates degrees, 66 have bachelor’s degrees, and 33 hold a graduate or professional degree.
