Fort Morgan, CO Profile: Facts & Data (2024)

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Fort Morgan, Colorado - Basic Facts

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The City of Fort Morganhada population of 11,637 as of July 1, 2024.Fort Morgan ranks inthe upper quartile for Population Density and Diversity Indexwhen compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Fort Morgan is located at latitude 40.2503 and longitude-103.7999 in Morgan County.The formal boundaries for the City of Fort Morgan encompass a land area of 4.4 sq. miles and a water area of 0.07 sq. miles.Morgan County is in the Mountain time zone (GMT -7).

The City of Fort Morgan has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Fort Morgan is located within Fort Morgan Division of Morgan County.


Jump to... (On This Page!)

  1. Fort Morgan 2024 Demographic Data
  2. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Data Comparison Tool - 2024 Demographics

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Fort Morgan, CO Data & Demographics (As of July 1, 2024)

POPULATION

Total Population11,637 (100%)
Population in Households11,530 (99.1%)
Population in Families9,600 (82.5%)
Population in Group Quarters1107 ( 0.9%)
Population Density2,181
Diversity Index283

INCOME

Median Household Income$57,317
Average Household Income$72,443
% of Income for Mortgage4 30%
Per Capita Income$25,304
Wealth Index5 46
Socioeconomic Status Index6Low (44.5)

HOUSING

Total HU (Housing Units)4,307 (100%)
Owner Occupied HU2,404 (55.8%)
Renter Occupied HU1,658 (38.5%)
Vacant Housing Units245 ( 5.7%)
Median Home Value$275,971
Average Home Value$313,956
Housing Affordability Index3 86

HOUSEHOLDS

Total Households4,062
Average Household Size 2.84
Family Households2,622
Average Family Size 4.00

NOTES

  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-20242024-2029
Population 0.08% -0.11%
Households 0.03% 0.08%
Families -0.05%
Median Household Income 2.13%
Per Capita Income 2.76%
Owner Occupied HU 0.71%

Fort Morgan, CO - Peer Comparisons by Rank and Percentile

The table below compares Fort Morgan to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable DescriptionRankPercentile
Total Population# 6587th
Population Density# 7485th
Median Household Income# 36325th
Housing Affordability Index# 36876th
Per Capita Income# 4585th
Diversity Index# 899th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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Fort Morgan, CO Profile: Facts & Data (2024)

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