Cost of Living in Morgan Hill, California

Morgan Hill has a population of about 45,425. The median household income is $163,920, median gross rent is $2,474/month, and the median home value is $1,210,200. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.

How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.

Median Gross Rent $2,474/mo 49% above the national median
Median Home Value $1,210,200 223% above the national median
Median Household Income $163,920 95% above the national median
Population 45,425

Is Morgan Hill expensive to live in?

Compared with the national median in this dataset, rent in Morgan Hill is 49% above the national median and home values are 223% above the national median. Household income here is 95% above the national median. Monthly rent represents roughly 18% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Morgan Hill?

The median gross rent in Morgan Hill, California is $2,474 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Morgan Hill?

The median owner-occupied home value in Morgan Hill is $1,210,200 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Morgan Hill?

The median household income in Morgan Hill is $163,920 per year in the 2020-2024 ACS 5-Year estimates.

Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.