Living in Murphy, Texas
Cost of living, income, home prices, rent and demographics of Murphy · Census data 2020–2024
Murphy has 21,188 residents with a median age of 41.7. The median household income is $175,699 (124% higher than the Texas median), the median home value is $555,500, the median rent is $2,847/month.
Murphy at a glance
- Population
- 21,188
- Median age
- 41.7State: 35.6
- Median household income
- $175,699State: $78,476
- Median home value
- $555,500State: $283,800
- Median rent
- $2,847/moState: $1,403
- Homeowners
- 93.7%
- Bachelor's degree or higher
- 62.1%
- Average commute
- 32 min
Is Murphy a good place to live?
Pros: Median household income 124% higher than the Texas median; unemployment of 4.2%; a poverty rate of 3%.
Cons: Home values 96% higher than the state median; an average commute of 32 minutes.
The weather is best in April–May and September–October.
Cost of living in Murphy
Housing is the biggest part of the cost of living. In Murphy the median home value is $555,500, 67% higher than the U.S. median. Renters pay a median of $2,847 per month, which is 51% of household income. Homeowners with a mortgage pay $3,085 a month in housing costs.
Murphy median household income
The median household income in Murphy is $175,699 and the income per person is $56,417. 3% of residents live below the poverty line (Texas: 13.8%).
Housing in Murphy: homes for sale and rent
- Housing units
- 6,030
- Owner-occupied
- 93.7%
- Renter-occupied
- 6.3%
- Vacant
- 0.2%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 3.52
Murphy demographics
- Population
- 21,188
- Median age
- 41.7
- Under 18
- 29%
- 65 and older
- 11.3%
- Households
- 6,015
- Foreign-born
- 25.1%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Murphy ›
Education in Murphy
62.1% of adults 25 and older in Murphy have a bachelor's degree or higher (Texas: 33.8%), and 28.1% have a graduate or professional degree.
Jobs and commute in Murphy
- Unemployment rate
- 4.2%State: 5.3%
- Average commute
- 32 minState: 27 min
- Work from home
- 32%
- Drive alone
- 61.7%
- Public transit
- 0.6%
- Walk to work
- 0.4%
- Homes with broadband
- 97.3%
Murphy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Murphy | 21,188 | $175,699 | $555,500 | $2,847 |
| Parker | 5,999 | $229,080 | $859,600 | — |
| Sachse | 30,491 | $131,808 | $406,200 | $1,798 |
| St. Paul | 879 | $127,500 | $494,300 | $2,667 |
| Seis Lagos | 1,391 | $248,854 | $753,600 | — |
| Wylie | 60,334 | $119,522 | $387,000 | $2,189 |
| Lucas | 8,351 | $221,364 | $941,900 | — |
| Richardson | 118,731 | $98,111 | $431,400 | $1,857 |
| Allen | 110,265 | $130,901 | $464,100 | $1,932 |
More for people moving to Murphy
Murphy ZIP code ›Weather and climate ›Living in Murphy: FAQ
What is the median household income in Murphy, TX?
The median household income in Murphy is $175,699, 124% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Murphy?
The median home value in Murphy is $555,500, compared with $283,800 in Texas.
How much is rent in Murphy?
The median gross rent in Murphy is $2,847 per month, about 51% of household income.
Is Murphy, TX a good place to live?
Pluses: median household income 124% higher than the Texas median; unemployment of 4.2%; a poverty rate of 3%. Minuses: home values 96% higher than the state median; an average commute of 32 minutes.
What is the median age in Murphy?
The median age in Murphy is 41.7 years (Texas: 35.6).
How long is the commute in Murphy?
The average commute to work in Murphy is 32 minutes; 32% of workers work from home.
What is the unemployment rate in Murphy?
The unemployment rate in Murphy is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Murphy?
62.1% of adults in Murphy 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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