1st Advantage MortgageMorgan County households have a median income of $73,278 and median rent of $1,025 a month (ACS 2020 to 2024). Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- Morgan County at a glance
- Labor force snapshot: Morgan County
- Rent, home values and ownership in Morgan County
- Morgan County income bands
- Morgan County's most unusual numbers
- The counties around Morgan County
- Fort Morgan and the rest of Morgan County
- Borrowing situations common in Morgan County
- What a median Morgan County budget can carry
- Morgan County demographics against Colorado
- Licensing and complaints for Morgan County
- Before you sign
- Keep exploring
- Frequently asked questions
Morgan County at a glance
Roughly 29,520 residents live in Morgan County, Colorado, 20th by population among the state's 64 counties and county equivalents. It covers 1,280 square miles of land, or about 23 people per square mile. No metropolitan area includes Morgan County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. Of the 13 Census places inside Morgan County, Fort Morgan leads by population with about 11,605; 5 of the 13 are incorporated.
Labor force snapshot: Morgan County
Top Morgan County industry by residents employed: education and health care, 17%; second, retail trade, 14%. Agriculture, forestry and mining stands out: 9% of workers here, versus 2% statewide. Averaged over the five survey years, 5.3% of the labor force was out of work and looking. Commutes of 45 minutes-plus: 18%; under 15 minutes: 52%.
| Sector | Morgan County | Compared with Colorado |
|---|---|---|
| Education and health care | 17.5% | -4.4 pts |
| Retail trade | 13.7% | +3.5 pts |
| Manufacturing | 13.1% | +6.1 pts |
| Construction | 10.2% | +2.2 pts |
| Agriculture, forestry and mining | 8.9% | +7.1 pts |
| Public administration | 7.1% | +2.4 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
Rent, home values and ownership in Morgan County
Morgan County rent at the median: $1,025 a month, utilities in ($1,761 in Colorado). About 5 in 10 Morgan County renters pay 30% or more of income for rent. Home values center on $338,600, or 4.6 years of median income. In Morgan County, 67% of occupied homes are owned by the people living in them. Median construction year: 1975.
| Measure | Morgan County | Colorado | Gap |
|---|---|---|---|
| Burdened owners | 38% | 30% | +7.8 pts |
| Median gross rent | $1,025/mo | $1,761/mo | 42% lower |
| Median home value | $338,600 | $539,400 | 37% lower |
| Vacant units | 6% | 8% | -2.1 pts |
| Rent-burdened renters | 51% | 53% | -1.6 pts |
| Owners | 67% | 66% | +1.1 pts |
High rent burdens leave little slack. If you are borrowing to consolidate, make sure the new payment is lower than the ones it replaces.
Morgan County income bands
At $73,278, the typical Morgan County household income is 12% above the median U.S. county ($65,681).
| Income band | Share in Morgan County | Difference from Colorado |
|---|---|---|
| Under $35,000 | 23.7% | +7.4 pts |
| $35,000 to $99,999 | 48.4% | +12.6 pts |
| $100,000 to $199,999 | 23.2% | -7.6 pts |
| $200,000 or more | 4.6% | -12.3 pts |
The spread is wide: 28% of Morgan County households make $100,000 or more, and 24% make less than $35,000. Poverty rate, Morgan County: 14.3%; Colorado: 9.4%. The Gini index of income inequality is 0.419 (0 is perfect equality). Income from any regular source can count, including Social Security, pensions and disability benefits, as long as you can document it.
Morgan County's most unusual numbers
The 4 Morgan County numbers that rank furthest from typical in Colorado, and what each means for a borrower:
- The share of adults with a bachelor's degree: 18% in Morgan County. Only 2 of 64 Colorado counties are lower. Lenders weigh income and credit, not schooling.
- On the uninsured rate, Morgan County sits near the top of Colorado at 12.2%, 10th highest of 64. Ask any provider about financial assistance before borrowing for care.
- Few Colorado counties match Morgan County on median age: 37.5 here, 37.7 for the state, ranking 10th lowest of 64. A young county means many first-time borrowers; read every fee line.
- On households without a vehicle, Morgan County sits near the top of Colorado at 6.5%, 11th highest of 64. Car-free households may need loans less for repairs but more for moves.
The counties around Morgan County
Nearest neighbors first, measured between county centers (36 to 65 miles). Arapahoe County leads the group on income ($101,087), Logan County trails ($51,829), and Morgan County out-earns 3 of the six. Some neighbors are in Nebraska. Lender licensing is state by state, so a loan for a Morgan County resident follows Colorado rules.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Morgan County | - | $73,278 | $1,025/mo | 67% |
| Weld County, CO | 36 mi | $97,097 | $1,539/mo | 76% |
| Washington County, CO | 38 mi | $67,167 | $947/mo | 74% |
| Adams County, CO | 38 mi | $94,571 | $1,781/mo | 69% |
| Logan County, CO | 50 mi | $51,829 | $1,013/mo | 66% |
| Arapahoe County, CO | 51 mi | $101,087 | $1,891/mo | 65% |
| Kimball County, NE | 65 mi | $56,712 | $846/mo | 75% |
Fort Morgan and the rest of Morgan County
The table lists the 13 largest of 13 Census places in Morgan County, by population. Together all 13 hold about 20,561 people, so roughly 30% of residents live outside any named place. Incomes vary by place: $91,681 at the median in Wiggins, $61,250 in Log Lane Village. Fort Morgan and every other Morgan County community use this county guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Fort Morgan | city | 11,605 | $64,158 | $1,067 | 1 mi |
| Brush | city | 5,306 | $73,382 | $692 | 9 mi |
| Wiggins | town | 1,564 | $91,681 | $1,486 | 14 mi |
| Log Lane Village | town | 964 | $61,250 | $1,440 | 1 mi |
| Hillrose | town | 285 | $75,625 | $1,333 | 16 mi |
| Morgan Heights | CDP | 281 | $144,740 | n/a | 2 mi |
| Jackson Lake | CDP | 238 | $46,458 | n/a | 15 mi |
| Weldona | CDP | 106 | $50,147 | n/a | 10 mi |
| Orchard | CDP | 88 | $39,250 | n/a | 17 mi |
| Snyder | CDP | 51 | n/a | n/a | 13 mi |
| Saddle Ridge | CDP | 27 | n/a | n/a | 3 mi |
| Trail Side | CDP | 27 | n/a | n/a | 2 mi |
| Blue Sky | CDP | 19 | n/a | n/a | 3 mi |
Borrowing situations common in Morgan County
The county's numbers point to a few situations that come up often for Morgan County borrowers.
- Care without coverage. About 3,604 Morgan County residents lack insurance; check charity care before a loan (how).
- Long drives. With 18% of commutes over 45 minutes, tires and repairs are fixed costs in many Morgan County budgets.
- Repairs on manufactured housing. With 12% of homes here, compare a personal loan with any dealer or park repair program.
- 51% rent-burdened. A payment on top of high rent needs a cushion; size it with the calculator.
What a median Morgan County budget can carry
Morgan County's $73,278 median income, run through a debt-to-income check:
- Median income divided by twelve: $6,106 before taxes
- Housing at the median rent of $1,025 uses 17%
- Under a 43% cap, $2,626 total minus rent leaves $1,601
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Morgan County demographics against Colorado
18% of Morgan County adults 25 and older hold a bachelor's degree or more. About 12% go without health insurance.
| People and households | Morgan County | Compared with Colorado | Compared with median county |
|---|---|---|---|
| Bachelor's or higher | 17.8% | -27.9 pts | -4.3 pts |
| Work from home | 8.6% | -12.4 pts | -0.1 pts |
| No high school diploma | 14.4% | +7.3 pts | n/a |
| Poverty rate | 14.3% | +4.9 pts | +1.2 pts |
| No health insurance | 12.2% | +4.5 pts | +4.4 pts |
| No vehicle | 6.5% | +1.3 pts | +1.1 pts |
| Unemployment (ACS) | 5.3% | +0.7 pts | +0.9 pts |
| Median age | 37.5 | -0.2 yrs | -4.0 yrs |
| Travel time to work | Workers |
|---|---|
| Under 15 min | 51.9% |
| 15 to 29 min | 22.7% |
| 30 to 44 min | 7.1% |
| 45 to 59 min | 5.0% |
| 60+ min | 13.2% |
Licensing and complaints for Morgan County
Licensing happens at the state level, so a lender working with Morgan County borrowers answers to the Colorado Division of Banking. For consumer-credit complaints, Colorado residents can also contact the Colorado Attorney General's office, which administers the state's Uniform Consumer Credit Code. If a Morgan County lender ignores a dispute, the CFPB complaint portal is the federal backstop. More on Colorado: Colorado personal loans.
Before you sign
Before you apply, wherever you live in Morgan County:
- Price the Morgan County expense first and borrow that amount, no more.
- Compare the total repaid on every offer, not just the payment.
- Confirm the lender is licensed in Colorado.
- Pick the shortest term whose payment still fits.
Keep exploring
Statewide:
Frequently asked questions
How much do households in Morgan County earn?
The median is $73,278; 28% earn $100,000 or more and 24% under $35,000. A lender uses your own documented income, not this figure.
Can a Morgan County renter afford a loan payment?
At the $1,025 median rent and $6,106 median monthly income, rent alone uses 17%; add other debts before a new payment.
What are the biggest places in Morgan County?
By population: Fort Morgan, Brush, Wiggins, Log Lane Village, Hillrose. The county has 13 Census places in all.
Are Morgan County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
How do I know a lender is legitimate in Morgan County?
Look it up with the Colorado Division of Banking, read the written offer, and refuse any fee before funding.