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Murillo

Learn about the people, housing, costs and businesses in Murillo, Texas

Median Home$159,463
Median Rent$859/month
Population9,413
Leading IndustriesWholesale Trade · Manufacturing · Public Administration14% wholesale trade
Home Value Growth⬆⬆+16.6% over 2 years
Family-Friendly34% of residentstop 1% nationally
Homeowners69% of occupied units
Murillo
TX

Frequently Asked Questions

What are today's mortgage rates in Murillo?

As of today, the 30-year fixed mortgage rate for Murillo is approximately 6.990% (7.029% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Murillo?

The median home value in Murillo is $159k. The median monthly rent is $859. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murillo?

Home values in Murillo have increased 16.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Murillo?

Based on a typical all-in ownership cost of $855/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murillo is $62k/year.

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What industries drive the economy in Murillo?

The largest employment sectors in Murillo are public administration (28%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.