Morgantown is a city in West Virginia state in USA with a population of 30953 residents.. The poverty rate of Morgantown is 34.7%, which is 148% higher than national average. The typical household in Morgantown earns $42474 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55.3% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Morgantown are struggling financially. Nearly one in every 1 in every 9 workers in Morgantown is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Morgantown, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Morgantown remained 10.9%, which is 132% 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 Morgantown, only 54% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Morgantown is 94, which is 6% lower than national average. Median home value in Morgantown is $215000 , which is 6% lower than national average. While median income in Morgantown remained $42474, which is 37% lower than national average.