Morganfield, Kentucky.
Typical home $170,396 (+2.9% in a year).
to buy the typical home at today's mortgage rate — +$532 (+147%) since Jan 2020.
- 1 year
- Up $4,853 +3%
- $165,543$170,396 since Sep 2025
- 5 years
- Up $47,762 +39%
- $122,635$170,396 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Morganfield$894
- Kentucky$1,212
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Morganfield, KY rose 2.9% over the past year — faster than the nation's +1.2%.
Living in Morganfield, Union County, Kentucky
Morganfield is a city of 3,256 people in Union County. Half its households earn more than $65,829 a year and half less, against $60,327 across Union County; 16% of its people live below the poverty line. 57% of its homes are lived in by their owners and 43% are rented. Unemployment in Union County was 4.0% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Morganfield is a small city and the county seat of Union County, in western Kentucky. Incomes here run higher than across the county, and more homes are lived in by their owners than rented. Winters are cold, with only a little snow, and summers are hot, with a fair amount of rain through the year.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, and in farming, forestry and mining, with transport, warehouses and utilities also employing many people. The largest workplaces in Morganfield include Walmart, Breckinridge Place, a retirement community, and the Morganfield Office and Storeroom, which handles electric power distribution. Commutes are fairly short, and very few people work from home.
Things to do. Close to town, Hovey Lake Fish and Wildlife Area is a protected area for wildlife and quiet time outdoors, a short drive away, and Slack Farm is an archaeological site, also a short drive away. A longer drive brings you to the Wabash River, and to USS LST-325, a museum ship.
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- 1,331households
- 17%of adults have a degree
- 16%below the poverty line
- 19 mintypical commute
- 2%work from home
What residents work in
Employed residents by industry, from the Census survey. Union County had 5,284 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 42° and lows near 26°; warmest in July, with highs near 88° and lows near 68°. About 8 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jt Myers Locks & Dam weather station, 10 miles away (NOAA).
Largest workplaces in Morganfield
- WalmartWarehouse clubs and supercenters197
- Breckinridge PlaceContinuing care retirement communities84
- Morganfield Office and StoreroomDistribution of electric power45
- H & R Agripower - MorganfieldAgricultural machinery and equipment merchant wholesalers21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 347 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Strong windVery high
- DroughtRelatively high
- Winter weatherRelatively high
- EarthquakesRelatively high
- Heat wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Morganfield’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Union County.
Morganfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Morganfield$170,396
- Kentucky$230,909
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Morganfield listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Morganfield23.77%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Morganfield21
New listings per month
Sellers arriving at the market.
- Morganfield5
Zip codes with a Morganfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Morganfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.