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Murphy city, Texas Demographics & Population 2026

As of 2026, Murphy city, Texas has a total population of 21,001, the 151st largest city in Texas, with a median household income of $165,109, which is 116% higher than the state average. The poverty rate is 2.2%.

Key Takeaways

Murphy city Quick Facts

Population 21,001
Median Household Income $165,109
Median Home Value $508,500
Poverty Rate 2.2%
Unemployment Rate 4.0%
Median Age 40.0 years
Homeownership Rate 90.2%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 56.9%
High School Graduation Rate 95.2%
Diversity Index 63/100
Population 21,001 151st of 1,800
Median Income $165,109 top 10%
Poverty Rate 2.2% 82% lower national
Median Home Value $508,500 top 10%

How Murphy city Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 5.1% | National: 5.2%
68.1% Labor Force Participation

Housing Overview

Owner 90.2%
Renter 9.8%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

63out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 67 | National average: 60

Education

Murphy city Rankings in Texas

#151 Population of 1,800
#51 Median Income of 1,800
#99 Education of 1,800
#77 Home Value of 1,800

Cities Similar to Murphy city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brushy Creek CDP20,953$137,630$451,50057.0%4.6%
Lakeway city19,130$164,978$695,40073.7%2.9%
Cinco Ranch CDP19,139$157,395$459,50070.8%8.6%
Fate city20,757$129,500$361,10041.1%3.8%
Sienna CDP25,025$171,709$440,60064.4%1.6%

Population Overview

Murphy city is a small city located in Texas. The total population is 21,001. It ranks as the 151st most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Murphy city is 40.0 years. This is 13% higher than the state median of 35.5 years. With 31.9% of the population under 18, Murphy city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Murphy city is $165,109. This is 116% higher than the state median of $76,292. Compared to the national median of $78,538, household income here is 110% higher. The poverty rate stands at 2.2%. This is 84% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 22% lower than the state rate of 5.1%. The median home value is $508,500. Housing costs are 95% higher than the state median of $260,400. The home-value-to-income ratio is 3.1x. 90.2% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Murphy city is White (non-Hispanic), making up 49.9% of the population. Asian residents account for 33.4%. The Hispanic or Latino population (3.0%) is well below the state average of 39.5%. The Asian population is significantly higher than the state average (33.4% vs 5.3%).

Education

56.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Murphy city in the top 10% of all cities in the state for educational attainment. This is 72% higher than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%. Notably, 25.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Murphy city, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Murphy city, Texas?

Murphy city, Texas has a population of 21,001 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Murphy city, TX?

The median household income in Murphy city is $165,109, which is 110% higher the national median of $78,538.

What is the poverty rate in Murphy city, TX?

The poverty rate in Murphy city is 2.2%. This means approximately 470 residents live below the federal poverty line.

What is the racial makeup of Murphy city, Texas?

Murphy city's population is 49.9% White, 10.8% Black, 3.0% Hispanic/Latino, and 33.4% Asian.

What is the median home value in Murphy city, TX?

The median home value in Murphy city is $508,500. The home-value-to-income ratio is 3.1x.

How educated is Murphy city, Texas?

56.9% of adults (25+) in Murphy city hold a bachelor's degree or higher, and 25.9% hold a graduate or professional degree.