Morgan County, West Virginia Income Statistics
Morgan County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Morgan County Below averageAmong the top 5 wealthiest counties in West Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Morgan County | West Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,049 | $59,640 | $80,455 |
| Median Personal Income | $49,300 | $52,420 | $60,758 |
| Average Yearly Income Growth | 6.8% | 4.3% | 4.8% |
| Six-Figure Earners | 6.5% | 8.0% | 13.9% |
| $200k+ Households | 4.6% | 5.9% | 13.2% |
The median household income in Morgan County is about 21% higher than in West Virginia. Income has been growing faster in Morgan County (6.8%/yr) than in West Virginia (4.3%/yr).
About 6% of adults in Morgan County earn six figures ($100,000 or more) a year, lower than the West Virginia average of 8%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Morgan County, West Virginia grew by 84.5% from 2009 to 2024, reaching $72,049 in 2024. That's an average of about 6.8% per year.
Income Inequality and the Gender Pay Gap in Morgan County
| Metric | Morgan County | West Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.554 | 0.552 |
| Male Median Income | $61,274 | $61,809 | $69,667 |
| Female Median Income | $43,502 | $47,573 | $56,850 |
| Gender Pay Gap | 29.0% | 23.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Morgan County, it is 0.502, lower than West Virginia's 0.554, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Morgan County, West Virginia. Over a 35-year career, a 41% wage gap accumulates to roughly $622,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Morgan County, West Virginia has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 36% in 2018, and was narrowest at 21% in 2014. In dollar terms, the gap has widened by $4,375 since 2009.
Employment
| Metric | Morgan County | West Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 5.4% | 5.2% |
| Working from Home | 8.6% | 9.1% | 15.0% |
| Commute time (minutes) | 35 | 21 | 22 |
Approximately 332 people are unemployed in Morgan County, West Virginia.
The average commute time in Morgan County is 35 minutes, longer than the 21 minutes in West Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Morgan County, West Virginia has fallen from 12.0% to 3.9% in 2024. Over that period the rate peaked at 16.1% in 2013 and fell as low as 3.4% in 2023.
Morgan County, WV Wealth Compared With Nearby Counties
Morgan County, WV is the 4th largest of the 5 counties compared here, 17,426 residents against a local median of 59,212. Where Morgan County, WV breaks from the counties next to it is income growth, sitting 51% above the local median of 4.5%/yr at 6.8%/yr. That is the better end of the local range on this measure.
The counties themselves spread 5.0%/yr on income growth, so Morgan County, WV sits at one end of an already wide local range rather than apart from it. Morgan County, WV has the 2nd highest income growth of the 5 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Morgan County, WV | 17,426 | $72,049 #3/5 | 6.8%/yr #2/5 | 3.9% #2/5 | 0.502 #2/5 |
| Berkeley County, WV | 129,514 | $81,771 | 4.6%/yr | 4.7% | 0.517 |
| Frederick County, VA | 94,959 | $97,732 | 4.4%/yr | 4.2% | 0.520 |
| Fulton County, PA | 14,531 | $66,328 | 3.8%/yr | 2.9% | 0.489 |
| Hampshire County, WV | 23,465 | $63,970 | 8.8%/yr | 9.0% | 0.538 |
Conclusion
Considering all these factors, Morgan County, West Virginia has an overall wealth index grade of C, making it somewhat better than West Virginia, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Morgan County, West Virginia.
How Rich Is Morgan County, West Virginia?
Morgan County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $72,049, about 21% higher than the West Virginia average of $59,640.
How has median household income changed in Morgan County, West Virginia?
Between 2009 and 2024, the median household income in Morgan County, West Virginia rose 85%, from $39,046 to $72,049. Over the same years, income here outpaced West Virginia as a whole: +85% against +60%.
What was the median household income in Morgan County in 2023?
In 2023, the median household income in Morgan County, West Virginia was $66,767, up 9% from $61,496 in 2022. The West Virginia median that year was $57,884.
What was the median household income in Morgan County in 2020?
In 2020, the median household income in Morgan County, West Virginia was $58,657. By 2024 it had risen 23% to $72,049.
Is unemployment high in Morgan County, West Virginia?
Unemployment in Morgan County, West Virginia is only 3.9%, well below the West Virginia rate of 5.4%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Morgan County, West Virginia?
The Gini coefficient in Morgan County is 0.502. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Morgan County, West Virginia?
Since 2009, the income gap between men and women in Morgan County, West Virginia has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 36% in 2018, and was narrowest at 21% in 2014. In dollar terms, the gap has widened by $4,375 since 2009.
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