Skip to main content

MN area data

Morgan, MN

Morgan, MN.

Population: 1,583 (Census ACS)

The median home value in Morgan, MN is $192,033 — up 6.7% over the past year. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, drought, hail the top-rated hazards. Cost of living is 10.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$192,033

Median home value

+6.7%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$192,033
1-year appreciation
+6.7%
3-year appreciation
+22.6%
5-year appreciation
+45.3%
10-year appreciation
+87.5%
All-time peak (2026-03)
$193,303
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
5

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1
Schools include
CEDAR MOUNTAIN SECONDARY

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, drought, hail, strongWind, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
36.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
30.0 in
Annual snowfall
49.2 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
11
Nearest airport
Redwood Falls Municipal Airport (RWF) (11 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (11 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
12
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-17 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,958
Housing built before 1970
59.6%
Housing built 2000 or later
10.8%
Median annual property tax
$1,284
Mean commute to work
20 min
Households with broadband internet
53.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,877
Average weekly wage
$1,024
Top industries (by employment)
Finance & Insurance, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
15

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MorganState medianUS median
Median home value$192,033$304,931$289,727
Median annual property tax$1,284$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Morgan, MN?
$192,033.
What is the natural-hazard risk in Morgan, MN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, drought, hail, strongWind, winterWeather.
What is the wildfire risk in Morgan, MN?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Morgan, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Morgan, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Morgan, MN?
1 schools (1 high) (NCES, 2022-23).
What is the cost of living in Morgan, MN?
Regional Price Parity: 90.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Morgan

Selling a home in Morgan, MN?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents