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ZipNumbers

Minnesota · Census place 44818

Murdock city, MN

Quick answer

Murdock city has 306 residents, ranking #605 of 914 places in Minnesota. Median household income is $70,500, the median home is worth $95,000 and median gross rent runs $863 a month.

Population
306Murdock city residents
Median household income
$70,500Past 12 months, inflation adjusted
Median home value
$95,000Owner-occupied units
Median gross rent
$863Rent plus utilities, monthly
Median age
33 yrsAll residents
Homeownership rate
80%Owner-occupied households

What the numbers mean in Murdock city

Housing cost measured against local earnings.

A household earning the Murdock city median would spend about 14.7% 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 15.3% of residents and 80% 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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