Morven, NC Profile: Facts & Data

Morven, North Carolina - Basic Facts

The Town of Morven had a population of 334 as of July 1, 2024.

The primary coordinate point for Morven is located at latitude 34.864 and longitude -80.0012 in Anson County. The formal boundaries for the Town of Morven encompass a land area of 1.03 sq. miles and a water area of 0 sq. miles. Anson County is in the Eastern time zone (GMT -5).

The Town of Morven 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.

The Town of Morven is located within Township of Morven, a minor civil division (MCD) of Anson County.

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Morven, NC Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	334 (100%)
Population in Households	334 (100.0%)
Population in Families	277 (82.9%)
Population in Group Quarters¹	0
Population Density	325
Diversity Index²	60


INCOME
Median Household Income	$51,268
Average Household Income	$62,686
% of Income for Mortgage⁴	14%
Per Capita Income	$26,276
Wealth Index⁵	51
Socioeconomic Status Index⁶	Low (43.2)

HOUSING
Total HU (Housing Units)	174 (100%)
Owner Occupied HU	104 (59.8%)
Renter Occupied HU	36 (20.7%)
Vacant Housing Units	34 (19.5%)
Median Home Value	$112,821
Average Home Value	$152,644
Housing Affordability Index³	181

HOUSEHOLDS
Total Households	140
Average Household Size	2.39
Family Households	90
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

174 (100%)

Owner Occupied HU

104 (59.8%)

Renter Occupied HU

36 (20.7%)

Vacant Housing Units

34 (19.5%)

Median Home Value

$112,821

Average Home Value

$152,644

Housing Affordability Index³

181

HOUSEHOLDS

Total Households

140

Average Household Size

2.39

Family Households

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	0.36%	-0.12%
Households	0.17%	0.14%
Families		-0.45%
Median Household Income		-1.19%
Per Capita Income		3.61%
Owner Occupied HU		0.57%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.36%

-0.12%

Households

0.17%

0.14%

Families

-0.45%

Median Household Income

-1.19%

Per Capita Income

3.61%

Owner Occupied HU

0.57%

Morven, NC - Peer Comparisons by Rank and Percentile

The table below compares Morven to the other 777 incorporated cities, towns and CDPs in North Carolina 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 Description	Rank	Percentile
Total Population	# 644	17th
Population Density	# 565	28th
Median Household Income	# 531	32nd
Housing Affordability Index	# 736	95th
Per Capita Income	# 595	23rd
Diversity Index	# 281	64th

Variable Description

Rank

Percentile

Total Population

# 644

17th

Population Density

# 565

28th

Median Household Income

# 531

32nd

Housing Affordability Index

# 736

95th

Per Capita Income

# 595

23rd

Diversity Index

# 281

64th

North Carolina Census Data Comparison Tool

Morven, NC Profile: Facts & Data

Morven, North Carolina - Basic Facts

Morven, NC Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Morven, NC - Peer Comparisons by Rank and Percentile

Morven, NC - Most Popular Things to Do

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