Morven, North Carolina Housing

Morven, North Carolina has a population of 486, with a median household income of $42,200.

Current housing data for Morven.

$118,200

👥

Population

486

💰

Median Income

$42,200

📉

Unemployment

7.00%

🏠

Housing Price

$118,200

🚨

Crime Rate

0.60

🌐

Internet Speed

141.20 Mbps

Morven is a small local community located in North Carolina. The city has a population that is below the average city population in North Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Morven is a notable city in North Carolina, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Morven has a population of 486, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Morven is $42,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Morven is about $118,200, making it relatively affordable compared to many cities in North Carolina.

Employment and Safety

The unemployment rate in Morven is 7.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Morven are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in North Carolina, Morven shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of North Carolina, Morven contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Morven

What is the population of Morven?

The population of Morven is approximately 486.

Is Morven a good place to live?

Morven offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Morven?

The median household income in Morven is around $42,200.

How expensive is housing in Morven?

The average housing price in Morven is approximately $118,200.