Morgan City is a city in Louisiana state in USA with a population of 10963 residents.. The poverty rate of Morgan City is 20%, which is 43% higher than national average. The typical household in Morgan City earns $40247 a year, compared to the national median of $67,500. Nearly 59.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Morgan City, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Morgan City remained 7.4%, which is 57% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Morgan City, only 9% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Morgan City is 90, which is 10% lower than national average. Median home value in Morgan City is $122500 , which is 47% lower than national average. While median income in Morgan City remained $40247, which is 40% lower than national average.