North Carolina · Census place 45660
Murphy town, NC
Quick answer
Murphy town has 1,356 residents, ranking #403 of 777 places in North Carolina. Median household income is $36,989, the median home is worth $221,100 and median gross rent runs $354 a month.
- Population
- 1,356Murphy town residents
- Median household income
- $36,989Past 12 months, inflation adjusted
- Median home value
- $221,100Owner-occupied units
- Median gross rent
- $354Rent plus utilities, monthly
- Median age
- 37.8 yrsAll residents
- Homeownership rate
- 45.6%Owner-occupied households
What the numbers mean in Murphy town
Housing cost measured against local earnings.
A household earning the Murphy town median would spend about 11.5% 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 6.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.6% of residents and 45.6% 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 North Carolina.
- West Canton CDP 1,369
- Bonnetsville CDP 1,368
- Alamance village 1,358
- Hays CDP 1,355
- Chadbourn town 1,347
- Cordova CDP 1,343
- Banner Elk town 1,338
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More North Carolina coverage.