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The total population of Morgan is estimated to be 870 with 431 males (49.54%) and 439 females (50.46%). There are 8 more females than males in Morgan.
The median household income in Morgan was $59,573 in 2021, which marked an an increase of 1,500(2.58%) from $58,073 in 2020. This income is 79.85% 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 sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,758. Overall, the median household income for the city of Morgan stands at $59,573.
In Morgan, the median income for all workers aged 15 years and older, regardless of work hours, was $43,478 for males and $28,166 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,383 for males and $55,532 for females.
In Morgan, there are just two different racial groups among households. Among these, White households report a median household income of $60,678, while American Indian and Alaska Native households have a median household income of $28,374.
In 2022, the population of Morgan was 882, a 0.45% decrease year-by-year from 2021. Previously, in 2021, Morgan's population was 886, a decline of 0.34% compared to a population of 889 in 2020.
The median age in Morgan, MN is 40.4, as per 2021 ACS 5-Year Estimates. Of the total population, 20.95% were under the age of 15, 16.90% aged 15 to 29, 41.20% aged 30 to 64, 12.15% aged 65 to 84, and 8.80% were 85 years of age and older.
Racial distribution of Morgan population: 93.06% are White, 2.08% are American Indian and Alaska Native, 0.69% are some other race and 4.17% are multiracial.