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
Compare with nearby places
Places of similar size in Iowa.
- Blairstown city 652
- Coalville CDP 652
- Amana CDP 650
- Wall Lake city 641
- Batavia city 635
- What Cheer city 634
- Fontanelle city 629
Keep going
More Iowa coverage.