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Murray

Learn about the people, housing, costs and businesses in Murray, Connecticut

Median Home$1,217,282
Population936
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation13% arts, food & hospitality
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners99% of occupied units
NotableHigh Incomes$217k/year · top 1% nationally
NotableHighly Educated25% bachelor's · 16% graduate · top 18% nationally
Murray
CT

Frequently Asked Questions

What are today's mortgage rates in Murray?

As of today, the 30-year fixed mortgage rate for Murray is approximately 6.854% (6.889% 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 Murray?

The median home value in Murray is $1.2M. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murray?

Home values in Murray have increased 18.1% 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 Murray?

Based on a typical all-in ownership cost of $3,530/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $151k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murray is $217k/year.

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What industries drive the economy in Murray?

The largest employment sectors in Murray are public administration (22%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.