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Housing Affordability in Morgan, TX
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 24.7%
- Texas 33.1%
- Renters paying 30%+
- 58.8%
- Texas 51.7%
- Homeowners paying 30%+
- 9.6%
- Texas 22.6%
- Owner costs with a mortgage
- $992/mo
- Texas $2,106/mo
Morgan has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more3058.8%
- Homeowners paying 30% or more119.6%
- Renters paying 50% or more815.7%
- Median rent as a share of income: 42.0%
- Median owner costs as a share of income, with a mortgage: 23.3%
- Median owner costs without a mortgage: $318/mo
- Median home value divided by median household income: 1.6
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Morgan, TX | 24.7% | 58.8% | 9.6% | 42.0% |
| Bosque County | 19.3% | 38.4% | 14.0% | 25.5% |
| Texas | 33.1% | 51.7% | 22.6% | 30.9% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Morgan, TX?
- In Morgan, TX, 24.7% of households spend 30% or more of their income on housing costs.
- How does Morgan compare with Texas?
- The households paying 30%+ for housing in Morgan is 24.7%, compared with 33.1% for Texas as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates