Living in Murray, Kentucky
Cost of living, income, home prices, rent and demographics of Murray · Census data 2020–2024
Murray has 18,080 residents with a median age of 25.8. The median household income is $44,091 (31% lower than the Kentucky median), the median home value is $195,000, the median rent is $870/month.
Murray at a glance
- Population
- 18,080
- Median age
- 25.8State: 39.1
- Median household income
- $44,091State: $63,726
- Median home value
- $195,000State: $205,600
- Median rent
- $870/moState: $967
- Homeowners
- 41.7%
- Bachelor's degree or higher
- 36.1%
- Average commute
- 12 min
Is Murray a good place to live?
Pros: Home values 5% lower than the state median; an average commute of 12 minutes.
Cons: Median household income 31% lower than the Kentucky median; unemployment of 5.8%; a poverty rate of 24.1%.
The weather is best in April–May and September–October.
Cost of living in Murray
Housing is the biggest part of the cost of living. In Murray the median home value is $195,000, 41% lower than the U.S. median. Renters pay a median of $870 per month, which is 27.3% of household income. Homeowners with a mortgage pay $1,383 a month in housing costs.
Murray median household income
The median household income in Murray is $44,091 and the income per person is $26,129. 24.1% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Murray: homes for sale and rent
- Housing units
- 7,844
- Owner-occupied
- 41.7%
- Renter-occupied
- 58.3%
- Vacant
- 13.3%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.25
Murray demographics
- Population
- 18,080
- Median age
- 25.8
- Under 18
- 15.6%
- 65 and older
- 13.1%
- Households
- 6,802
- Foreign-born
- 5.3%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Murray ›
Education in Murray
36.1% of adults 25 and older in Murray have a bachelor's degree or higher (Kentucky: 27.6%), and 15.5% have a graduate or professional degree.
Jobs and commute in Murray
- Unemployment rate
- 5.8%State: 4.9%
- Average commute
- 12 minState: 24 min
- Work from home
- 6.6%
- Drive alone
- 72.7%
- Public transit
- 0%
- Walk to work
- 12.5%
- Homes with broadband
- 83.5%
Murray vs nearby towns
More for people moving to Murray
Murray ZIP code ›Weather and climate ›Living in Murray: FAQ
What is the median household income in Murray, KY?
The median household income in Murray is $44,091, 31% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Murray?
The median home value in Murray is $195,000, compared with $205,600 in Kentucky.
How much is rent in Murray?
The median gross rent in Murray is $870 per month, about 27.3% of household income.
Is Murray, KY a good place to live?
Pluses: home values 5% lower than the state median; an average commute of 12 minutes. Minuses: median household income 31% lower than the Kentucky median; unemployment of 5.8%; a poverty rate of 24.1%.
What is the median age in Murray?
The median age in Murray is 25.8 years (Kentucky: 39.1).
How long is the commute in Murray?
The average commute to work in Murray is 12 minutes; 6.6% of workers work from home.
What is the unemployment rate in Murray?
The unemployment rate in Murray is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Murray?
36.1% of adults in Murray have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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