Groundwork

Real estate · County · Alabama

Real estate businesses in Morgan County, AL

How Morgan County, AL compares with other counties and the U.S. for real estate businesses: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 57 out of 100: Upper middle

Ranked #734 of 2,229 scored counties
#22 of 51 scored counties in Alabama

Listings
113
10 chain locations (9%)
Official establishments
43
+13.2% since 2019
Household spending a year
$717.9M
On rent and homeowner costs · $14,640 a household
Housing spending per listing (U.S. = 100)
147
47% above the U.S.
Listings per 10k households
23.0
40% below the U.S.
Population, 2025
126,483
+2.6% since 2020

See the real estate businesses around any address in Morgan County

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Morgan County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 113 real estate businesses in Morgan County. Of those, 10 are chain locations, or 9%, against 6% across the U.S. That is 23.0 per 10,000 households, 40% below the U.S. rate of 38.5.

At $14,640 per household (12% below the U.S. average), households in Morgan County spend about $717.9M a year on rent and homeowner costs. Housing spending per office is 47% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in Morgan County was 43 in 2023, up 13.2% from 2019. That is one for every 1,140 households, against one for every 414 across the U.S. Another 427 one-person businesses have no payroll, by official counts.

Population estimates put the population change in Morgan County from 2020 to 2025 at +2.6%, slower than the U.S. (+3.1%). The Groundwork market score for real estate businesses in Morgan County is 57 (upper middle), #734 of 2,229 scored counties and #22 of 51 scored counties in Alabama.

How Morgan County compares

The same measures for Alabama and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Morgan County, AL compared with Alabama and the U.S.
MeasureMorgan CountyAlabamaU.S.
Listings per 10k households23.033.438.5
Housing spending per listing (U.S. = 100)14799100
Households per official establishment1,140668414
Official establishment growth, 2019–2023+13.2%+24.2%+15.8%
Population growth, 2020–2025+2.6%+3.2%+3.1%
Spending per household on rent and homeowner costs$14,640$14,375$16,661
Median household income$68,845$63,999$80,734
Groundwork market score5754

Official counts and lending

Businesses

Official establishments, 2019 to 2023
38 → 43+13.2% over the period
Employees, 2023
105
Annual payroll, 2023
$4.5M
One-person businesses, 2023
427Businesses with no payroll
Map listings, September 2026
11310 chain locations
Listings at the U.S. rate for this spending
166The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Morgan County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Morgan County

Population, 2025 estimate
126,483+2.6% since 2020
Households
49,040
Median age
41.2
Homes lived in by their owners
73%
Vehicles per household
2.1
Land area
580 sq. mi.
People per square mile
215
Median household income
$68,845+32.0% vs. 2015–2019, before inflation
Average household income
$89,529
Median home value
$212,000
Jobs located here
53,389
Daytime population
125,259Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Morgan County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of Morgan County. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Alabama

Every Alabama market ranked →

The highest-scoring counties in Alabama for real estate businesses, numbered among those based in Alabama, with Morgan County marked.

Top counties in Alabama

Counties in Alabama ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Lawrence County, AL7964.4738+2.3%#32 of 2,229
2Henry County, AL7679.9321+7.1%#85 of 2,229
3Blount County, AL742712.2267+1.8%#127 of 2,229
4Cleburne County, AL71610.0306+6.0%#183 of 2,229
5St. Clair County, AL716919.7174+7.1%#196 of 2,229
6Jackson County, AL692712.4248+3.3%#231 of 2,229
7Dale County, AL68189.1338+1.3%#263 of 2,229
8Talladega County, AL68339.8315+0.3%#264 of 2,229
9Chilton County, AL682715.1213+5.9%#277 of 2,229
10Limestone County, AL668721.2172+18.0%#352 of 2,229
22Morgan County, AL5711323.0147+2.6%#734 of 2,229

Other business types in Morgan County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in Morgan County, AL?

There are 113 real estate businesses on map listings in Morgan County as of September 2026. 10 of them (9%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 43 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 13.2% from 2019. Official counts list 427 one-person businesses without payroll.

How much do households in Morgan County, AL spend on rent and homeowner costs?

About $717.9M a year, or $14,640 per household. That is 12% below the U.S. average (an index of 88, where 100 is the U.S. average). For the 113 real estate businesses on map listings, housing spending per office is 47% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 49,040 households in Morgan County and national spending patterns by income.

How does Morgan County, AL compare with the U.S. for real estate businesses?

Morgan County has 23.0 real estate businesses per 10,000 households, 40% below the U.S. rate of 38.5. The index of housing spending per office is 147, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Morgan County would have about 166, against 113 on map listings. There is one business with payroll in the industry for every 1,140 households, against one for every 414 across the U.S. The official count rose 13.2% from 2019 to 2023, against +15.8% for the U.S.

How fast is Morgan County, AL growing?

Population estimates put Morgan County at 126,483 people in 2025, up 2.6% since 2020, slower than the U.S. (+3.1%). It has 49,040 households. The median household income in Morgan County is $68,845 a year, 15% below the U.S. median of $80,734. That rose 32.0% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Morgan County scores 57 for real estate businesses (upper middle), #734 of 2,229 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Morgan County. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in Morgan County

Screening a site or an acquisition in Morgan County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Morgan County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.