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The total population of Morgan County is estimated to be 71,757 with 35,959 males (50.11%) and 35,798 females (49.89%). There are 161 less females than males in Morgan County.
The median household income in Morgan County was $77,698 in 2021, which marked an an increase of 1,007(1.31%) from $76,691 in 2020. This income is 104.14% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Morgan County sees its highest median household income among householders in the age group of 45 to 64 years old, at $100,696. Overall, the median household income for the county of Morgan County stands at $75,344.
In Morgan County, the median income for all workers aged 15 years and older, regardless of work hours, was $48,810 for males and $32,077 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,216 for males and $46,297 for females.
In Morgan County, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $102,755, followed by Asian households at $75,734, and White households with a median household income of $75,721.
In 2022, the population of Morgan County was 72,236, a 0.03% decrease year-by-year from 2021. Previously, in 2021, Morgan County's population was 72,260, an increase of 0.57% compared to a population of 71,848 in 2020.
The median age in Morgan County, IN is 41.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.33% were under the age of 15, 17.84% aged 15 to 29, 47.12% aged 30 to 64, 14.93% aged 65 to 84, and 1.78% were 85 years of age and older.
Racial distribution of Morgan County population: 95.90% are White, 0.28% are Black or African American, 0.01% are American Indian and Alaska Native, 0.70% are Asian, 0.55% are some other race and 2.56% are multiracial.