Morgantown, a city located in the state of Kentucky (KY), is home to a population of approximately 2,734 people. Morgantown boasts a median age of 35.8, with around 21% of its residents aged 60 or above. 5.1% of the population identifies as US Veterans. 19.8% of Morgantown residents are disabled. The city has an average household income of $29,103, while the unemployment rate stands at 11.7%, and around 40.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Morgantown is $104,664, with a monthly rent averaging $565.