City

Murray, IA

1 ZIP code  ·  Clarke County  ·  Iowa

👥1,312Population
💰$63,250Median HH Income▼ 17% below avg
🎂26.9Median Age
🏠$109,600Median Home Value▼ 61% below avg
🎓32.5%College Grads▼ 16% below avg
📊2.7%Unemployment▼ 45% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.7% Female 48.3% ♀

Race & Ethnicity

White: 90.6%Hispanic: 4.7%Black: 0.1%Asian: 0.6%Other: 2.8%Race
White90.6%
Hispanic4.7%
Black0.1%
Asian0.6%
Other2.8%

Age Breakdown

Under 5
8%
5–17
29%
18–24
8%
25–44
22%
45–64
20%
65+
5%

Key Indicators

Median Age26.9 yrs
Avg HH Size3.12
Below Poverty24.2% ▲ 142% above avg
College Grads32.5% ▼ 16% below avg
Unemployment2.7% ▼ 45% below avg
No HS Diploma3 (0.5%)
HS Graduate237 (36.3%)
Some College144 (22.1%)
Associates56 (8.6%)
Bachelors101 (15.5%)
Graduate Degree111 (17%)

Education

No HS: 0.5%HS Grad: 36.3%Some College: 22.1%Associates: 8.6%Bachelors: 15.5%Graduate: 17%Edu
No HS0.5%
HS Grad36.3%
Some College22.1%
Associates8.6%
Bachelors15.5%
Graduate17.0%
Housing & Income

Housing Tenure

Owner: 87.4%Renter: 12.6%Tenure
Owner87.4%
Renter12.6%

Home Value Distribution

Under $50k
19%
$50k–$100k
27%
$100k–$150k
12%
$150k–$200k
14%
$200k–$300k
14%
$300k–$500k
5%
Over $500k
8%

Financials

Median HH Income$63,250 ▼ 17% below avg
Median Home Value$109,600 ▼ 61% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$796/mo
Total Housing Units424
Vacant Units3

Income Distribution

Under $25k
17%
$25k–$50k
17%
$50k–$75k
21%
$75k–$100k
15%
$100k–$150k
22%
$150k–$200k
3%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
82%
Walked
3%
Work From Home
15%

Commute Time

Under 15 min
29%
15–30 min
35%
30–45 min
13%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
6%
1960s–1970s
13%
1980s–1990s
13%
2000+
66%
About Murray, IA

Murray is a city in Iowa, located in Clarke County. The city spans 1 ZIP code and is home to approximately 1,312 residents. It is a young city, with a median age of 26.9 years.

Economically, Murray is a solidly middle-class community. The median household income of $63,250 is below the national average. Approximately 24.2% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.

The real estate market in Murray is one of the more affordable housing markets in the country. Median home values stand at $109,600, which is well below the national average. Renters typically pay around $796 per month. Homeownership is high at 87.4%, typical of suburban and family-oriented communities.

The population of Murray is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.55%).

Murray, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Murray
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50174 1,312 $63,250 $109,600 $796 2.7% 32.5% 87.4%