Murdo, SD
Population 633 · South Dakota
About Murdo, SD
Murdo is a small community located in South Dakota with a population of 633 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,250 per year, which is 12% below the national median of $75,149. The median age of 33.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Murdo features a median home value of $120,700, which is 51% below the national median of $244,900. This makes Murdo one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $531, 54% below the national average of $1,163/month. Of the 306 total housing units, 70% are owner-occupied (165 units) and 30% are renter-occupied (71 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Murdo shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.6%, above the national average of 12.4%. Workers in Murdo have an average one-way commute time of 12.4 minutes, one of the shorter commutes in the region.
Education & Demographics
21.2% of Murdo 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 1.7% White, 23.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.1% of the population being foreign-born.
How Murdo Ranks in South Dakota
Cost of Living in Murdo, SD
Compared to national averages, Murdo has a median household income of $66,250 (12% below the national median of $75,149). Home values average $120,700, which is 51% below the national median. Monthly rent at $531 is 54% below the US average of $1,163. Within South Dakota, Murdo's income is 2% above the state average of $64,650, and home values are 16% below the state median of $143,757.
Why Live in Murdo, SD?
Murdo offers affordable housing with a median home value of $120,700, below the US average of $244,900, and rent that’s lower than the national average at $531/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 12.4 minutes.
Potential considerations include median household income ($66,250) that falls below the national average. However, Murdo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Murdo has a population of 633 with a median age of 33.9 years. Compare Murdo with other cities to see how it stacks up, or explore all cities in South Dakota.
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Demographics
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Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Murdo
What is the population of Murdo, SD?
The population of Murdo, SD is 633 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Dakota.
What is the median household income in Murdo?
The median household income in Murdo, SD is $66,250 per year, which is 12% below the national median of $75,149.
What is the median home value in Murdo?
The median home value in Murdo, SD is $120,700, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Murdo?
The median monthly rent in Murdo, SD is $531, which is 54% below the national average of $1,163/month.
What is the unemployment rate in Murdo?
The unemployment rate in Murdo, SD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Murdo, SD a good place to live?
Murdo offers a moderate cost of living, affordable housing, and a strong job market. With a population of 633 and a median age of 33.9, the city appeals to young professionals and families.
How educated is Murdo, SD?
21.2% of residents in Murdo 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 Murdo?
Key cost-of-living indicators for Murdo, SD: median home value is $120,700 (51% below national), median rent is $531/month, and median household income is $66,250. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Murdo?
The poverty rate in Murdo, SD is 16.6%, 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 Murdo, SD?
Murdo's population is 1.7% White, 23.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.1% of residents are foreign-born.