Morganton, North Carolina
Moving to or Living in Morganton Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Morganton, North Carolina
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About Morganton, North Carolina
Is Morganton, North Carolina a good place to live?
Morganton is a city in North Carolina state in USA with a population of 16517 residents..
The poverty rate of Morganton is 26.1%, which is 86% higher than national average.
The typical household in Morganton earns $40406 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Morganton, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Morganton remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Morganton, only 21% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Morganton is 95, which is 5% lower than national average. Median home value in Morganton is $153400 , which is 33% lower than national average. While median income in Morganton remained $40406, which is 40% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Morganton, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Morganton remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Morganton, only 21% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Morganton is 95, which is 5% lower than national average. Median home value in Morganton is $153400 , which is 33% lower than national average. While median income in Morganton remained $40406, which is 40% lower than national average.
Population
16517
Unemployment
4.8%
Poverty
26.1%
Overall Score
6
Median Home
$153400
33%
NAT AVG.
Median Income
$40406
40%
NAT AVG.
Median Rent
$684
41%
NAT AVG.
Cost Of Living
95
5%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 21
People Earning < $10,000
1 in 13
People Earning < $50,000
63%
People with <= High School
1 in 2
People With Any Degree
1 in 3.1
Pros & Cons Overview
Jobs60%
Housing60%
Affordability60%
Safety80%
Amenities80%
Diversity90%
Education50%
Commute85%
Cost of Living
| Expense | Morganton | North Carolina | National Avg. |
|---|---|---|---|
| Services | 98 | 102 | 100 |
| Groceries | 99 | 100 | 100 |
| Health | 116 | 108 | 100 |
| Housing | 72 | 87 | 100 |
| Transportation | 102 | 96 | 100 |
| Utilities | 107 | 98 | 100 |
Cost of Living
Gender
| Gender | Morganton | North Carolina | Country |
|---|---|---|---|
| Female | 51.8% | 51.4% | 50.8% |
| Male | 48.2% | 48.6% | 49.2% |
Gender
Household Income
| Income | Morganton | North Carolina | Country |
|---|---|---|---|
| Less than $10,000 | 8% | 6.2% | 5.8% |
| $10,000 to $14,999 | 4.5% | 4.8% | 4.1% |
| $15,000 to $24,999 | 19.4% | 9.7% | 8.5% |
| $25,000 to $34,999 | 10.9% | 10% | 8.6% |
| $35,000 to $49,999 | 20.2% | 13.6% | 12.0% |
| $50,000 to $74,999 | 16.9% | 18% | 17.2% |
| $75,000 to $99,999 | 8.3% | 12.6% | 12.8% |
| $100,000 to $149,999 | 5.8% | 13.7% | 15.6% |
| $150,000 to $199,999 | 3.1% | 5.4% | 7.1% |
| $200,000 or more | 2.9% | 6% | 8.3% |
Education
| Education | Morganton | North Carolina | Country |
|---|---|---|---|
| < 9th Grade | 13% | 6% | 5.0% |
| 9-12th Grade | 12% | 7% | 7.0% |
| High School or GED | 25% | 25% | 27.0% |
| Other College | 18% | 21% | 20.0% |
| Associate's Degree | 11% | 10% | 9% |
| Bachelor's Degree | 12% | 20% | 20.0% |
| Master's Degree | 6% | 8% | 9.0% |
| Professional Degree | 2% | 2% | 2.0% |
| Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Morganton | North Carolina | Country |
|---|---|---|---|
| White | 61.6% | 62.6% | 60.1% |
| African American | 10.9% | 21% | 12.2% |
| American Indian | 0.4% | 1% | 0.6% |
| Asian | 3% | 2.9% | 5.6% |
| Hawaiian | 0% | 0.1% | 0.2% |
| Other | 3% | 0.3% | 0.3% |
| Multiracial | 1.7% | 2.5% | 2.8% |
| Hispanic | 19.3% | 9.5% | 18.2% |