Morganfield, Kentucky is a small city with a population of 3,503 residents. If we look at the most recent Census, Morganfield is known to have a predominantly White population. The next two most common races are Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Morganfield is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the city before actually living in Morganfield, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Morganfield and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.
Morganfield, KY receives 63/100 for its livability score; this results in a ranking of #305 in Kentucky and #14,708 in the USA. There are nine total categories that create the livability score. Morganfield ranks well for crime (A+), cost of living (A+) and housing (A+) There is at least one category that did not score well in Morganfield. The following was graded with a less than perfect score: amenities (F), education (F) and employment (D-).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Morganfield shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 32 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Morganfield has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Morganfield meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Morganfield. Everything else becomes a lot less important if it turns out that home prices in Morganfield are simply unattainable. The median home price for Morganfield homes is $163,183, which is 27.5% lower than the Kentucky average. If we take a closer look at the affordability of homes in Morganfield, we’ll see that the home price to income ratio is 2.6, which is 23.5% lower than the Kentucky average.
| Statistic | Morganfield | Kentucky | National |
| Average one way commute | 23min | 23min | 26min |
| Workers who drive to work | 96.3% | 82.2% | 76.4% |
| Workers who carpool | 1.3% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 2.4% | 2.8% |
| Working from home | 1.6% | 3.3% | 4.6% |
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