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Murphysboro

Learn about the people, housing, costs and businesses in Murphysboro, Illinois

Median Home$95,021
Median Rent$739/month
Population6,834
Leading IndustriesPublic Administration · Manufacturing · Education27% public administration
Home Value Growth⬆⬆+17.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners53% of occupied units
NotableTransit85/100 · excellent transit access
NotableAmenity Score73/100 · highly walkable area
Murphysboro
IL

Frequently Asked Questions

What are today's mortgage rates in Murphysboro?

As of today, the 30-year fixed mortgage rate for Murphysboro is approximately 7.375% (7.393% 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 Murphysboro?

The median home value in Murphysboro is $95k. The median monthly rent is $739. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murphysboro?

Home values in Murphysboro have increased 17.6% 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 Murphysboro?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murphysboro is $45k/year.

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What industries drive the economy in Murphysboro?

The largest employment sectors in Murphysboro are public administration (27%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.