Murray, IA
Population 648 · Iowa
About Murray, IA
Murray is a small community in Iowa with a population of 648 residents. The median household income is $60,313 per year, which is near the national average. The median age in Murray is 30.1 years.
Housing in Murray has a median home value of $76,300 and median monthly rent of $782. Of the 249 total housing units, the majority are owner-occupied, with 207 owner-occupied and 42 renter-occupied units.
The unemployment rate in Murray is 4.0% and the poverty rate is 7.3%. 15.4% of residents hold a bachelor's degree or higher. The average commute time is 27.6 minutes.
Cost of Living in Murray, IA
Compared to national averages, Murray has a median household income of $60,313 (20% below the national median of $75,149). Home values average $76,300, which is 69% below the national median. Monthly rent at $782 is 33% below the US average of $1,163. Within Iowa, Murray's income is 11% below the state average of $67,947, and home values are 42% below the state median of $132,237.
Why Live in Murray, IA?
Murray offers affordable housing with a median home value of $76,300, below the US average of $244,900, and rent that’s lower than the national average at $782/month, and a low poverty rate of 7.3%, better than the national average.
Potential considerations include median household income ($60,313) that falls below the national average. However, Murray’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Murray has a population of 648 with a median age of 30.1 years. Compare Murray with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Murray
What is the population of Murray, IA?
The population of Murray, IA is 648 according to the latest Census data.
What is the median household income in Murray?
The median household income in Murray, IA is $60,313 per year.
What is the median home value in Murray?
The median home value in Murray, IA is $76,300.
What is the average rent in Murray?
The median monthly rent in Murray, IA is $782.
What is the unemployment rate in Murray?
The unemployment rate in Murray, IA is 4.0%.