Murrayville, IL
Population 671 · Illinois
About Murrayville, IL
Murrayville is a small community located in Illinois with a population of 671 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,615 per year, which is 34% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Murrayville features a median home value of $106,000, which is 57% below the national median of $244,900. This makes Murrayville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $788, 32% below the national average of $1,163/month. Of the 320 total housing units, 82% are owner-occupied (221 units) and 18% are renter-occupied (47 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Murrayville shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.2%, above the national average of 12.4%. Workers in Murrayville have an average one-way commute time of 28.2 minutes.
Education & Demographics
8.7% of Murrayville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.3% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Murrayville, IL
Compared to national averages, Murrayville has a median household income of $49,615 (34% below the national median of $75,149). Home values average $106,000, which is 57% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Illinois, Murrayville's income is 34% below the state average of $75,072, and home values are 36% below the state median of $165,779.
Why Live in Murrayville, IL?
Murrayville offers affordable housing with a median home value of $106,000, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a strong job market with an unemployment rate of just 3.0%.
Potential considerations include median household income ($49,615) that falls below the national average. However, Murrayville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Murrayville has a population of 671 with a median age of 39.4 years. Compare Murrayville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Murrayville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Findlay | 671 | $55,625 | $90,800 | Compare |
| Avon | 670 | $45,500 | $60,000 | Compare |
| Woodhull | 673 | $66,250 | $118,500 | Compare |
| Millington | 675 | $79,767 | $205,700 | Compare |
| Shipman | 667 | $62,500 | $92,500 | Compare |
| Stonington | 667 | $58,438 | $101,000 | Compare |
| East Galesburg | 676 | $65,750 | $106,000 | Compare |
| Mettawa | 665 | $175,074 | $750,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Murrayville With Other Cities
Frequently Asked Questions about Murrayville
What is the population of Murrayville, IL?
The population of Murrayville, IL is 671 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Murrayville?
The median household income in Murrayville, IL is $49,615 per year, which is 34% below the national median of $75,149.
What is the median home value in Murrayville?
The median home value in Murrayville, IL is $106,000, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Murrayville?
The median monthly rent in Murrayville, IL is $788, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Murrayville?
The unemployment rate in Murrayville, IL is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Murrayville, IL a good place to live?
Murrayville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 671 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Murrayville, IL?
8.7% of residents in Murrayville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Murrayville?
Key cost-of-living indicators for Murrayville, IL: median home value is $106,000 (57% below national), median rent is $788/month, and median household income is $49,615. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Murrayville?
The poverty rate in Murrayville, IL is 19.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Murrayville, IL?
Murrayville's population is 0.3% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 4.3% two or more races. 1.9% of residents are foreign-born.