Morganton: Key Data

The typical family size in Morganton, NC is 3.17 family members members, with 53.8% owning their particular homes. The mean home valuation is $158791. For those leasing, they pay out an average of $685 per month. 43.7% of households have 2 sources of income, and a median domestic income of $42137. Median income is $22290. 24.4% of town residents live at or below the poverty line, and 20.7% are considered disabled. 8.4% of citizens are former members regarding the military.

A Patio Waterfall Fountain

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The work force participation rate in Morganton is 51.5%,The work force participation rate in Morganton is 51.5%, with an unemployment rate of 5.2%. For those into the labor pool, the common commute time is 21.3 minutes. 10.7% of Morganton’s community have a masters diploma, and 12.7% have earned a bachelors degree. For those without a college degree, 30.2% attended at least some college, 23.3% have a high school diploma, and just 23.2% have received an education lower than high school. 15.1% are not included in medical insurance.