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Murrieta

Learn about the people, housing, costs and businesses in Murrieta, California

Median Home$646,860
Median Rent$2,521/month
Population112,354
Leading IndustriesEducation · Professional Services · Public Administration3% education
Home Value Growth+9.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners69% of occupied units
NotableHigh Incomes$117k/year · top 10% nationally
NotableAmenity Score73/100 · highly walkable area
Murrieta
CA

Frequently Asked Questions

What are today's mortgage rates in Murrieta?

As of today, the 30-year fixed mortgage rate for Murrieta is approximately 6.823% (6.856% 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 Murrieta?

The median home value in Murrieta is $647k. The median monthly rent is $2,521. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murrieta?

Home values in Murrieta have increased 9.8% over the past two years. This represents moderate growth. 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 Murrieta?

Based on a typical all-in ownership cost of $2,481/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $106k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murrieta is $117k/year.

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What industries drive the economy in Murrieta?

The largest employment sectors in Murrieta are public administration (26%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.