What percentage of people rent in Morgantown, IN?
25.9% (±12.2 points) of the occupied homes in Morgantown, IN are rented (2020–2024 American Community Survey).
That is 122 renting households against 349 that own their home.
In Morgantown, the share of households that rent went from 44.3% in 2015–2019 to 25.9% in 2020–2024 (−18.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 25.9% (±12.2 points)
- Renting households
- 122 (±57)
- Median renter income
- $34,167 (±$29,621)
Who rents and who owns in Morgantown
| Morgantown | Morgan County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.9% (±12.2 points) | 17.9% (±1.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 122 (±57) | 5,054 (±510) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 349 (±101) | 23,225 (±502) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.3 (±0.6) | 2.2 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.4) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $34,167 (±$29,621) | $42,086 (±$4,472) | $42,811 (±$480) | $52,966 |
| Median owner household income | $72,031 (±$28,337) | $93,246 (±$3,866) | $87,459 (±$395) | $100,009 |
In Morgantown, the renter share is not measurably different from Morgan County (17.9%).
It is not measurably different from Indiana (29.4%).
It is not measurably different from the national figure (34.8%).
In Morgan County, Morgantown ranks 4 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 473 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Morgantown has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 44.3% (±8.8 points) | 25.9% (±12.2 points) | −18.4 percentage points | Measurable decrease |
| Median gross rent | $805 (±$78) | $908 (±$149) | +12.8% | No measurable change after inflation |
| Median household income | $42,188 (±$10,490) | $54,007 (±$17,814) | +28.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Morgantown
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Morgantown | — | 25.9% (±12.2 points) | — |
| Jackson Township (Morgan County) | 2.5 mi | 10.6% (±4.3 points) | Lower |
| Hensley Township | 3.8 mi | 8.7% (±3.0 points) | Lower |
| Jackson Township (Brown County) | 6.3 mi | 11.2% (±5.5 points) | Lower |
| Trafalgar | 6.4 mi | 22.4% (±7.1 points) | Not measurably different |
| Union Township (Johnson County) | 7.2 mi | 20.3% (±11.2 points) | Not measurably different |
| Green Township (Morgan County) | 7.4 mi | 5.3% (±4.4 points) | Lower |
| Prince's Lakes | 8.2 mi | 4.7% (±3.5 points) | Lower |
| Hamblen Township | 8.3 mi | 10.4% (±6.2 points) | Lower |
Nearby places with a measurably lower figure: Jackson Township (Morgan County), IN (10.6%), Hensley Township, IN (8.7%), Jackson Township (Brown County), IN (11.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Morgan County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Martinsville | 36.7% (±4.8 points) |
| 2 | Mooresville | 32.1% (±6.0 points) |
| 3 | Washington Township (Morgan County) | 27.5% (±3.4 points) |
| 4 | Morgantown | 25.9% (±12.2 points) |
| 5 | Brown Township (Morgan County) | 24.3% (±4.3 points) |
| 6 | Brooklyn | 21.9% (±8.5 points) |
| 7 | Clay Township (Morgan County) | 20.2% (±7.7 points) |
| 8 | Bethany | 19.0% (±26.8 points) |
| 9 | Baker Township | 18.0% (±16.8 points) |
| 10 | Paragon | 15.5% (±12.5 points) |
Showing 10 of 21 places in Morgan County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Morgantown
How many renters are there in Morgantown?
Morgantown has an estimated 122 (±57) renting households, 25.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Morgantown?
In Morgantown, the share of households that rent went from 44.3% in 2015–2019 to 25.9% in 2020–2024 (−18.4 percentage points), a measurable decrease.
How big are renting households in Morgantown?
A renting household in Morgantown has 2.3 people on average, against 2.8 in an owned home.
How much do renters earn in Morgantown?
The median renting household in Morgantown, IN has an income of $34,167 (±$29,621) a year, against $72,031 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morgantown town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Morgantown town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Morgantown town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Morgantown town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Morgantown town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Morgantown town, Indiana (place:51102, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Morgantown at a glance
- Median rent in Morgantown
- Rent burden in Morgantown
- Income and affordability in Morgantown
- Home values in Morgantown
- Homeowner costs in Morgantown
- Property taxes in Morgantown
- Types of homes in Morgantown
- Bedrooms in Morgantown
- Age of homes in Morgantown
- Heating fuel in Morgantown
- Commute and cars in Morgantown
- Population growth in Morgantown
- Indiana landlord and tenant rules
- Housing across Morgan County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana