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ZipNumbers

Kentucky · Census place 54642

Murray city, KY

Quick answer

Murray city has 17,888 residents, ranking #24 of 554 places in Kentucky. Median household income is $40,348, the median home is worth $193,300 and median gross rent runs $835 a month.

Population
17,888Murray city residents
Median household income
$40,348Past 12 months, inflation adjusted
Median home value
$193,300Owner-occupied units
Median gross rent
$835Rent plus utilities, monthly
Median age
25.7 yrsAll residents
Homeownership rate
41.2%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 24.8% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.9% of residents and 41.2% 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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