Cost of Living in Morgan Hill, CA
Population: 45,152 • 2026 Data
$159,758
Median Household Income
+106% vs national
$2,275
Median Monthly Rent
+69% vs national
$1,127,600
Median Home Value
+233% vs national
5.0%
Unemployment Rate
Housing in Morgan Hill
The median home value in Morgan Hill, CA is $1,127,600. Monthly rent for a typical unit averages $2,275, while total monthly housing costs (including utilities and insurance) average $2,924.
Rent-to-income ratio: 17.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Morgan Hill, CA is $159,758. The unemployment rate stands at 5.0%, with a labor force of 23,262 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.