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Murray city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Murray city, Iowa has a total population of 648, the 414th largest city in Iowa, with a median household income of $60,313, which is 18% lower than the state average. The poverty rate is 7.3%.

Key Takeaways

Murray city Quick Facts

Population 648
Median Household Income $60,313
Median Home Value $76,300
Poverty Rate 7.3%
Unemployment Rate 4.0%
Median Age 30.1 years
Homeownership Rate 83.1%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 15.4%
High School Graduation Rate 92.4%
Diversity Index 27/100
Population 648 414th of 1,018
Median Income $60,313 below average
Poverty Rate 7.3% 42% lower national
Median Home Value $76,300 bottom 30%

How Murray city Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 3.6% | National: 5.2%
70.0% Labor Force Participation

Housing Overview

Owner 83.1%
Renter 16.9%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 30 | National average: 60

Education

Murray city Rankings in Iowa

#414 Population of 1,018
#576 Median Income of 1,018
#589 Education of 1,018
#752 Home Value of 1,018

Cities Similar to Murray city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Amana CDP650N/A$237,90062.2%4.2%
Wall Lake city641$59,306$116,50016.8%6.2%
Elk Horn city623$60,000$125,30024.3%15.0%
Brighton city655$55,000$87,7006.5%23.7%
McGregor city686$58,750$141,90018.7%14.5%

Population Overview

Murray city is a small community located in Iowa. The total population is 648. It ranks as the 414th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Murray city is 30.1 years. This is 22% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Murray city is $60,313. This is 18% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 7.3%. This is 34% lower than the state poverty rate of 11.0%. The unemployment rate is 4.0%. This is 10% higher than the state rate of 3.6%. The median home value is $76,300. Housing costs are 61% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.3x, Murray city is one of the most affordable housing markets in the area. 83.1% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Murray city is White (non-Hispanic), making up 84.4% of the population. Hispanic or Latino residents account for 6.8%.

Education

15.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.4%.

Data Sources & Methodology

All demographic data for Murray city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Murray city, Iowa?

Murray city, Iowa has a population of 648 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Murray city, IA?

The median household income in Murray city is $60,313, which is 23% lower the national median of $78,538.

What is the poverty rate in Murray city, IA?

The poverty rate in Murray city is 7.3%. This means approximately 47 residents live below the federal poverty line.

What is the racial makeup of Murray city, Iowa?

Murray city's population is 84.4% White, 0.0% Black, 6.8% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Murray city, IA?

The median home value in Murray city is $76,300. The home-value-to-income ratio is 1.3x.

How educated is Murray city, Iowa?

15.4% of adults (25+) in Murray city hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.