Murray, CT
Population 688 · Connecticut
About Murray, CT
Murray is a small community located in Connecticut with a population of 688 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 44.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Murray features a median home value of $970,800, which is 296% above the national median of $244,900. This places Murray in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 296 total housing units, 100% are owner-occupied (253 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Murray shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Murray have an average one-way commute time of 37.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
83.5% of Murray residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 22.5% of the population being foreign-born.
How Murray Ranks in Connecticut
Cost of Living in Murray, CT
Compared to national averages, Murray has a median household income of $250,001 (233% above the national median of $75,149). Home values average $970,800, which is 296% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Connecticut, Murray's income is 103% above the state average of $123,065, and home values are 88% above the state median of $516,920.
Why Live in Murray, CT?
Murray offers a strong local economy with a median household income of $250,001, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 83.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $970,800. However, Murray’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Murray has a population of 688 with a median age of 44.7 years. Compare Murray with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Murray
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Candlewood Orchards | 683 | $120,469 | $368,000 | Compare |
| Cannondale | 677 | $250,001 | $1,892,900 | Compare |
| Botsford | 702 | $205,469 | $525,000 | Compare |
| Gaylordsville | 659 | $115,398 | $467,500 | Compare |
| Lakeville | 641 | $95,156 | $822,200 | Compare |
| Plattsville | 742 | $164,219 | $603,700 | Compare |
| Bantam | 762 | $51,406 | $292,000 | Compare |
| Norfolk | 608 | $85,313 | $325,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Murray With Other Cities
Frequently Asked Questions about Murray
What is the population of Murray, CT?
The population of Murray, CT is 688 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Connecticut.
What is the median household income in Murray?
The median household income in Murray, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Murray?
The median home value in Murray, CT is $970,800, which is 296% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Murray?
The median monthly rent in Murray, CT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Murray?
The unemployment rate in Murray, CT is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Murray, CT a good place to live?
Murray offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 688 and a median age of 44.7, the city appeals to a broad range of residents.
How educated is Murray, CT?
83.5% of residents in Murray aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Murray?
Key cost-of-living indicators for Murray, CT: median home value is $970,800 (296% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Murray?
The poverty rate in Murray, CT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Murray, CT?
Murray's population is 0.0% White, 0.0% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 0.0% two or more races. 22.5% of residents are foreign-born.