Murray, NE
Population 449 · Nebraska
About Murray, NE
Murray is a small community located in Nebraska with a population of 449 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,583 per year, which is 7% below the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Murray features a median home value of $188,200, which is 23% below the national median of $244,900. This positions Murray in a moderately priced market relative to the rest of the country. Median monthly rent is $1,000, 14% below the national average of $1,163/month. Of the 189 total housing units, 88% are owner-occupied (161 units) and 12% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Murray shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Murray have an average one-way commute time of 26.9 minutes.
Education & Demographics
25.7% of Murray residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Murray, NE
Compared to national averages, Murray has a median household income of $69,583 (7% below the national median of $75,149). Home values average $188,200, which is 23% below the national median. Monthly rent at $1,000 is 14% below the US average of $1,163. Within Nebraska, Murray's income is 6% above the state average of $65,895, and home values are 50% above the state median of $125,824.
Why Live in Murray, NE?
Murray offers affordable housing with a median home value of $188,200, below the US average of $244,900, and rent that’s lower than the national average at $1,000/month, and a low poverty rate of 10.7%, better than the national average.
Potential considerations include median household income ($69,583) 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 449 with a median age of 36.9 years. Compare Murray with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Murray
Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
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Other Cities in Nebraska
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, NE?
The population of Murray, NE is 449 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Murray?
The median household income in Murray, NE is $69,583 per year, which is 7% below the national median of $75,149.
What is the median home value in Murray?
The median home value in Murray, NE is $188,200, which is 23% below 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, NE is $1,000, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Murray?
The unemployment rate in Murray, NE is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Murray, NE a good place to live?
Murray offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 449 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Murray, NE?
25.7% of residents in Murray 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 Murray?
Key cost-of-living indicators for Murray, NE: median home value is $188,200 (23% below national), median rent is $1,000/month, and median household income is $69,583. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Murray?
The poverty rate in Murray, NE is 10.7%, 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, NE?
Murray's population is 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 1.1% of residents are foreign-born.