Morgan City, LA Real Estate

According to census data in the year 2000 there were 5,713 housing units in Morgan City. This represents a 2.1% decline from 5,838 in 1990.

Of those housing units, 5,678 were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.

Homeownership rate in Morgan City is about 67.2%. Morgan City's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Morgan City were built after 1963.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom11.70%
Two Bedrooms32.10%
Three Bedrooms42%
Four Bedrooms12.70%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1965
Median Value of occupied units$76,400
Median Price asked for vacant units$56,200

Rented Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1959
Median Monthly Rent asked for vacant units$317

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage3.90%
Home Equity Loan0.90%
Simple Mortgage37.80%
Debt Free56.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%