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ZipNumbers

Iowa · Census place 55065

Murray city, IA

Quick answer

Murray city has 648 residents, ranking #414 of 1026 places in Iowa. Median household income is $60,313, the median home is worth $76,300 and median gross rent runs $782 a month.

Population
648Murray city residents
Median household income
$60,313Past 12 months, inflation adjusted
Median home value
$76,300Owner-occupied units
Median gross rent
$782Rent plus utilities, monthly
Median age
30.1 yrsAll residents
Homeownership rate
83.1%Owner-occupied households

What the numbers mean in Murray city

Housing cost measured against local earnings.

A household earning the Murray city median would spend about 15.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.3% of residents and 83.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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