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Morgan City, LA Housing

 
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As of 2010-2014, median price of a house in Morgan City is $113,300, which is lower than the state average of $140,400 and is lower than the national average of $175,700. The Morgan City median house value has grown by 48.30% since 2000. The growth rate for the price of a house in Morgan City is lower than the state average rate of 65.18% and is about the same as the national average rate of 46.91%. The median year that a house in Morgan City was built is 1965, which is older than the median year for a house built in the state which is 1978 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,852 Owner Occupied Houses in Morgan City, LA, #163
Morgan City, LA
113,300 USD
Louisiana
140,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #243
Morgan City, LA
48.30%
Louisiana
65.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Morgan City, LALouisianaU.S.
Total Housing Units5,605, see rank, 100%1,988,460132,741,033
Occupied Housing Units4,819, 85.98%, see rank86.44%87.55%
Owner Occupied2,852, 50.88%, see rank57.32%56.34%
Renter Occupied1,967, 35.09%, see rank29.12%31.21%
Vacant Housing Units786, 14.02%, see rank13.56%12.45%
For Rent127, 2.27%, see rank2.63%2.34%
For Sale Only102, 1.82%, see rank1.10%1.20%
Rented or Sold, Not Occupied46, 0.82%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use23, 0.41%, see rank2.59%3.97%
For Migrant Workers27, 0.48%, see rank0.08%0.03%
Other Vacant461, 8.22%, see rank6.22%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #418
Morgan City, LALouisianaU.S.
196519781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Morgan City, LA%LouisianaU.S.
Owner-Occupied Units2,852100%1,139,75674,787,460
With a Mortgage1,39148.77%, see rank54.76%65.58%
Without a Mortgage1,46151.23%, see rank45.24%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Morgan City, LA
1,116 USD
Louisiana
1,207 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMorgan City, LA%LouisianaU.S.
$299 or Less00.00%, see rank0.30%0.20%
$300 to $499171.22%, see rank3.00%1.59%
$500 to $699956.83%, see rank9.69%5.01%
$700 to $99942830.77%, see rank21.94%14.32%
$1,000 to $1,49954138.89%, see rank32.94%27.90%
$1,500 to $1,99917312.44%, see rank17.38%20.35%
$2,000 to $2,9991148.20%, see rank11.03%19.52%
$3,000 or More231.65%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morgan City, LA
19.80% of the Total Income
Louisiana
20.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morgan City, LA%LouisianaU.S.
10% or Less19614.09%, see rank9.69%5.86%
10% to 20%50436.23%, see rank37.39%31.95%
20% to 30%24517.61%, see rank23.78%27.64%
30% to 40%1017.26%, see rank11.02%13.74%
40% or More33424.01%, see rank17.58%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Morgan City, LA
318 USD
Louisiana
321 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMorgan City, LA%LouisianaU.S.
$199 or Less24516.77%, see rank19.26%7.76%
$200 to $29938026.01%, see rank25.79%14.70%
$300 to $49961942.37%, see rank35.65%34.63%
$500 to $69917411.91%, see rank12.17%21.16%
$700 or More432.94%, see rank7.14%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morgan City, LA
10.50% of the Total Income
Louisiana
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morgan City, LA%LouisianaU.S.
10% or Less69647.64%, see rank50.56%40.19%
10% to 20%51134.98%, see rank27.19%31.47%
20% to 30%996.78%, see rank9.73%12.24%
30% to 40%473.22%, see rank4.05%5.64%
40% or More1087.39%, see rank6.80%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Morgan City, LALouisianaU.S.
Total Housing Units5,605, 100%1,988,460132,741,033
1-unit, Detached4,090, 72.97%, see rank65.06%61.65%
1-unit, Attached88, 1.57%, see rank3.07%5.82%
2 Units337, 6.01%, see rank3.90%3.75%
3 or 4 Units262, 4.67%, see rank4.26%4.43%
5 to 9 Units253, 4.51%, see rank3.33%4.78%
10 or More Units300, 5.35%, see rank6.95%13.08%
Mobile Home, Boat, RV, Van, etc.275, 4.91%, see rank13.43%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Morgan City, LALouisianaU.S.
Total Housing Units5,605, 100%1,988,460132,741,033
1 Room307, 5.48%, see rank1.30%1.95%
2 Rooms30, 0.54%, see rank1.78%2.48%
3 Rooms496, 8.85%, see rank7.77%9.13%
4 Rooms974, 17.38%, see rank17.53%16.60%
5 Rooms1,273, 22.71%, see rank25.18%20.41%
6 Rooms1,173, 20.93%, see rank19.93%18.06%
7 Rooms573, 10.22%, see rank12.11%12.27%
8 Rooms383, 6.83%, see rank7.29%8.48%
9 Rooms or More396, 7.07%, see rank7.10%10.60%
Median Rooms5.30, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Morgan City, LALouisianaU.S.
Total Housing Units5,605, 100%1,988,460132,741,033
No Bedroom307, 5.48%, see rank1.42%2.17%
1 Bedroom534, 9.53%, see rank8.78%11.16%
2 Bedrooms1,527, 27.24%, see rank25.11%26.69%
3 Bedrooms2,400, 42.82%, see rank48.54%39.70%
4 Bedrooms667, 11.90%, see rank13.98%16.05%
5 or More Bedrooms170, 3.03%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Morgan City, LALouisianaU.S.
Total Housing Units4,819, 100%1,718,876116,211,092
Utility Gas2,291, 47.54%, see rank35.46%48.85%
Bottled, Tank, or LP Gas18, 0.37%, see rank2.46%4.86%
Electricity2,496, 51.79%, see rank61.06%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.07%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.59%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.07%0.47%
No Fuel Used14, 0.29%, see rank0.28%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMorgan City, LALouisianaU.S.
Occupied Units Paying Rent1,760, 100%517,42439,201,928
$199 or Less25, 1.42%, see rank1.85%1.50%
$200 to $29952, 2.95%, see rank4.16%3.18%
$300 to $499357, 20.28%, see rank11.15%7.37%
$500 to $699617, 35.06%, see rank21.20%16.01%
$700 to $999557, 31.65%, see rank35.30%29.17%
$1,000 to $1,499103, 5.85%, see rank20.64%26.88%
$1,500 to $1,99949, 2.78%, see rank4.19%9.79%
$2,000 or More0, 0.00%, see rank1.51%6.10%
Median$666, see rank$786$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Morgan City, LALouisianaU.S.
Occupied Housing Units4,819, 100%1,718,876116,211,092
No Vehicles Available482, 10.00%, see rank8.59%9.12%
1 Vehicles Available2,010, 41.71%, see rank37.07%33.80%
2 Vehicles Available1,701, 35.30%, see rank37.93%37.48%
3 or More Vehicles Available626, 12.99%, see rank16.42%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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