Morehead is a somewhat small city located in the state of Kentucky. With a population of 6,734 people and five associated neighborhoods, Morehead is the 65th largest community in Kentucky.
Morehead real estate is some of the most expensive in Kentucky, although Morehead house values don't compare to the most expensive real estate in the U.S.
Telecommuters are a relatively large percentage of the workforce: 10.44% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Morehead is a place where college students are a big part of the character and culture of the town. Small towns have often struggled with declining populations over the past few decades, but the presence of such a large college student population has helped Morehead to fight this trend. Not only does the college population add spending and jobs to local economy, but it also contributes a very tangible, youthful energy to the town.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.15 minutes getting to work every day.
Morehead is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
In terms of college education, Morehead is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 29.30% of adults in Morehead have a college degree.
The per capita income in Morehead in 2022 was $23,049, which is middle income relative to Kentucky, and low income relative to the rest of the US. This equates to an annual income of $92,196 for a family of four. However, Morehead contains both very wealthy and poor people as well. Morehead also has one of the higher rates of people living in poverty in the nation, with 34.54% of its population below the federal poverty line.
Morehead is a somewhat ethnically-diverse city. The people who call Morehead home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Morehead residents report their race to be White, followed by Black or African-American. Important ancestries of people in Morehead include Irish, German, English, Scottish, and French.
The most common language spoken in Morehead is English. Other important languages spoken here include Spanish and Polish.