Morgan County, Missouri: Power, Data Centers and the Local Economy
Home to Versailles, Laurie and Stover

Morgan County is not a build-out site today. It feels the boom through the grid it shares, the utilities that serve it and the work nearby. Construction employs 437, up 44.7% since 2019, and construction is 1.8 times as concentrated here as in the U.S. economy. Morgan County is home to Versailles, Laurie and Stover. Employers here counted 4,637 jobs in 2025, up 6.0% from 2019. Union Electric Co - (MO) is the largest utility serving Morgan County, one of 2 with territory here. Its residential customers paid an average 12.56¢/kWh in 2024. 22,418 people live here, up 6.8% since 2020.
Cities and towns in Morgan County
Morgan County is home to Versailles, Laurie and Stover.
- Sunrise Beach also extends into Camden County.
Residents are 2025 Census estimates for the part of each city, town or township inside this county. Census publishes no annual estimate for unincorporated communities.
What changed in Morgan County
1st = the most. Ranks cover counties with a value on record.
| Measure | Then | Now | Change | Rank in Missouri |
|---|---|---|---|---|
| Population (2020 → 2025) | 20,997 | 22,418 | ▲ 6.8% | 52nd of 115 by size |
| Total jobs (2019 → 2025) | 4,375 | 4,637 | ▲ 6.0% | 35th of 115 by growth |
| Average annual pay (2019 → 2025) | $29,480 | $40,978 | ▲ 39.0% | — |
| Construction jobs (2019 → 2025) | 302 | 437 | ▲ 44.7% | 13th of 71 by growth |
| Unemployment rate (2019 → August 2026) | 4.3% | 4.5% | ▲ 0.2pts | — |
Unemployment was 4.5% in August 2026, against 4.3% in 2019.
Who powers Morgan County
Utilities with service territory in Morgan County
| Utility | Ownership | Service | Residential customers (systemwide) | Residential price, 2024 | Commercial share of sales |
|---|---|---|---|---|---|
| Union Electric Co - (MO) | Investor Owned | Bundled | 1,095,619 | 12.56¢ | 44% |
| Co-Mo Electric Coop Inc | Cooperative | Bundled | 31,119 | 15.18¢ | 14% |
Customer counts, prices and sales shares cover each utility's whole system in the state, not only this county. Commercial sales include data centers.
No operating power plant is located in Morgan County in the EIA-860M inventory. Its power comes over the grid from plants elsewhere.
The Morgan County labor market
| Industry (2025) | Jobs | Average pay | Concentration vs U.S. |
|---|---|---|---|
| All industries | 4,637 | $40,978 | 1.00 |
| Construction | 437 | $55,992 | 1.78 |
| Data processing and hosting | 9 | $74,116 | 0.62 |
Concentration is the BLS location quotient: 1.0 means the industry holds the same share of local jobs as it does nationally. Industry rows count private employers; cells BLS suppresses are left out.
Data centers and local rules in Morgan County
No data center, local measure or delayed project is on record in Morgan County. Missouri has 21 local measures on record statewide.
Morgan County and its neighbors
Of the 6 counties that border Morgan County, Miller County carries the most build-out activity: data centers, planned generation and operating plants combined.
| County | Population | Jobs since 2019 | Operating MW | Planned MW | Data centers | Local measures |
|---|---|---|---|---|---|---|
| Morgan County | 22,418 | ▲ 6.0% | — | — | — | — |
| Benton County | 20,536 | ▲ 9.3% | 161 MW | — | — | — |
| Camden County | 44,047 | ▲ 8.2% | 3 MW | — | — | — |
| Cooper County | 17,136 | ▲ 3.5% | — | — | — | — |
| Miller County | 25,817 | ▲ 7.3% | 208 MW | — | — | — |
| Moniteau County | 15,428 | ▼ 4.8% | — | — | — | — |
| Pettis County | 44,254 | ▲ 0.4% | — | — | — | — |
More of Missouri
Morgan County, answered from the record
Who provides electricity in Morgan County, Missouri?
2 utilities have service territory in Morgan County in the EIA-861 2024 report: Union Electric Co - (MO), Co-Mo Electric Coop Inc. The largest, Union Electric Co - (MO), charged residential customers 12.56¢/kWh on average in 2024.
Are there data centers in Morgan County?
The SAVRN Data Center Map has no data center in Morgan County.
Is Morgan County adding jobs?
Employers counted 4,637 jobs in 2025 against 4,375 in 2019 (+6.0%, BLS QCEW). Construction went from 302 to 437.
Does Morgan County have a data center moratorium?
No county-level measure is on record for Morgan County. Missouri has 21 local measures statewide, listed on the state page.