Skip to main content

KY area data

Morehead, KY

Morehead, KY.

Population: 22,322 (Census ACS)

Home values & appreciation

Median home value
$193,875
1-year appreciation
-0.6%
3-year appreciation
+14.4%
5-year appreciation
+34.1%
10-year appreciation
+78.5%
All-time peak (2025-09)
$195,826
House Price Index
396.0 (+2.4% YoY)

Market activity

New listings (monthly)
18

Rents

Typical rent
$981/mo

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
3
Middle schools
2
High schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind, winterWeather

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
66.0°F
Average low
45.0°F
Annual precipitation
53.2 in
Annual snowfall
16.0 in

Amenities

Nearest airport
Morehead-Rowan County Clyde A. Thomas Regional Airport (9 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-46 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$917
Mean commute to work
22 min
Households with broadband internet
78.7%

Employment & development

Total county employment
8,359
Average weekly wage
$898
Top industries (by employment)
Accommodation & Food, Finance & Insurance, Administrative Services
Annual residential building permits (county)
5

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents