Morgan County, Ohio: commercial real estate data.
Morgan County, Ohio has a population of 13,651 across 416 square miles, down 1.9 percent since the 2020 census base. County output reached $516.1 m in 2024, 168 establishments operate here, and the SBA record carries 8 7(a) approvals worth $1.5 m.
112 sourced county values · tier FULL · 12 sections
Morgan County
How many people live in Morgan County
- Population13,651
- Households5,713
- Average household size2.39
- Median household income$59,351
- Median age44.6
- Median gross rent$742 per month
- Median owner-occupied home value$150,900
- Home value to household income2.5 times
- Annual rent as a share of median income15.0 percent
- Adults 25 and over with a bachelor degree or higher14.3 percent
- Adults 25 and over with a graduate degree3.7 percent
- Adults 25 and over9,817
- Population under 182,851
- Share under 1820.9 percent
- Population 65 and over3,074
- Share 65 and over22.5 percent
- Working age population, 18 to 647,726
- Civilian labor force5,691
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over52.7 percent
- Rank by population among Ohio counties86th of 88
- Rank by population among US county-equivalents2249th
Morgan County is the 86th largest of 88 Ohio counties by population. A median home costs 2.5 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.5 percent against 20.9 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Morgan County
Is Morgan County growing
- Population change since the 2020 census base-1.92 percent
- Census 2020 base population13,797
- Births, 2024117
- Deaths, 2024223
- Natural change, 2024-106
- Net domestic migration, 202414
- Net international migration, 20240
- Total net migration, 202414
- Cumulative net domestic migration, 2021 to 2024187
- Rank by growth among US county-equivalents2480th
The county has lost 1.92 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Morgan County
Where people moving to Morgan County come from
- Tax returns filed by households arriving287
- People arriving, from those returns522
- Adjusted gross income arriving$13.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$46,474
- Largest single originMorgan County Non-migrants (5,154 households)
- Largest single destination (5,154 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Morgan County Non-migrants | 5,154 | 10,279 | $272.0 m |
| Other flows - Same State | 69 | 124 | $4.9 m |
| Muskingum County | 55 | 90 | $1.8 m |
| Washington County | 38 | 69 | $1.7 m |
| Other flows - Different State | 38 | 76 | $1.5 m |
| Other flows - South | 38 | 76 | $1.5 m |
| Franklin County | 31 | 55 | $1.6 m |
| Athens County | 30 | 62 | $1.2 m |
The largest single source of arrivals is Morgan County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Morgan County
What the Morgan County economy runs on
- County GDP, 2024$516.1 m
- County GDP, 2023$495.8 m
- GDP change, 2023 to 20244.1 percent
- GDP change over five years41.1 percent
- Rank by GDP among Ohio counties86th
- Rank by GDP among US county-equivalents2387th
- GDP per resident$37,807
Output grew 4.1 percent in the latest year and 41.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Morgan County
Who employs people in Morgan County
- Covered employment, annual average2,992
- Establishments reporting235
- Average annual pay$47,594
- Average weekly wage$915
- Sector 31-33, employment533
- Sector 31-33, average annual pay$67,472
- Sector 42, employment324
- Sector 42, average annual pay$62,120
- Sector 72, employment302
- Sector 72, average annual pay$17,563
- Sector 44-45, employment261
- Sector 44-45, average annual pay$25,474
- Sector 23, employment88
- Sector 56, employment56
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 533 | 12 | $67,472 |
| Sector 42 | 324 | 9 | $62,120 |
| Sector 72 | 302 | 19 | $17,563 |
| Sector 44-45 | 261 | 30 | $25,474 |
| Sector 23 | 88 | 27 | $51,816 |
| Sector 56 | 56 | 7 | $59,661 |
| Sector 54 | 30 | 10 | $57,287 |
| Sector 71 | 12 | 3 | $15,408 |
The largest sector is the biggest private employer group at 533 jobs, 17.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Morgan County
What businesses operate in Morgan County
- Establishments, all industries168
- Employment at those establishments2,066
- Annual payroll$90.7 m
- Establishments per 1,000 residents12.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Morgan County
What is being built in Morgan County
- Housing units authorised by permit, 202432
- Declared construction value permitted$9.6 m
- Single family units authorised32
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$299,062
- Units authorised per 1,000 households5.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Morgan County
How much SBA lending happens in Morgan County
- 7(a) approvals recorded8
- 7(a) gross approval dollars$1.5 m
- Average 7(a) approval$187,063
- Median 7(a) approval$125,000
- 10th percentile approval$25,300
- 90th percentile approval$665,000
- Largest single approval$665,000
- Jobs reported supported, 7(a)34
- Jobs per approval4.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals7
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.5 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter7
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFull-Service Restaurants (2)
- Most active lenderThe Huntington National Bank (5)
The average approval of $187,063 sits well above the median of $125,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 12.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morgan County
Do SBA loans in Morgan County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Cancelled2
- Status: Exempt from disclosure4
- Status: Committed, not yet disbursed1
- Status: Paid in full1
Too few loans have reached a final outcome to publish a charge off rate. only 1 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morgan County
Which parts of Morgan County get the lending
- Places in the county with recorded lending2
- McConnelsville, approvals7
- Malta, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| McConnelsville | 7 | $1,291,800 |
| Malta | 1 | $204,700 |
McConnelsville accounts for 7 approvals against 1 in Malta. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morgan County
How big is Morgan County
- Land area416 sq mi
- Rank by land area among Ohio counties57th of 88
- Width, east to west26.1 mi
- Height, north to south22.1 mi
- Geographies sharing a boundary5
- Residents per square mile of land33
- Establishments per square mile0.40
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Morgan County
What hazards affect Morgan County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Morgan County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Morgan County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population13,651
- Households5,713
- Average household size2.39
- Median household income$59,351
- Median age44.6
Common questions
Morgan County questions, answered from the record.
How many people live in Morgan County, Ohio?
13,651, in 5,713 households, ranking 86th of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Morgan County growing?
The population has fallen 1.92 percent since the 2020 census base. In 2024 there were 117 births against 223 deaths, with net migration of 14. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Morgan County?
$59,351. The median owner-occupied home is valued at $150,900, which is 2.5 times income, and median gross rent is $742 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Morgan County?
168 establishments, employing 2,066 people with an annual payroll of $90.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Morgan County?
Average annual pay is $47,594, or $915 a week, across 2,992 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Morgan County?
8 7(a) approvals totalling $1.5 m since FY2020, across 3 lenders, with a median approval of $125,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Morgan County?
32 housing units were authorised by permit in 2024, with a declared construction value of $9.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Morgan County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Morgan County come from?
The largest single origin is Morgan County Non-migrants, with 5,154 households. Arriving households report an average income of $46,474 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Morgan County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Morgan County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.