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Murtaugh

Learn about the people, housing, costs and businesses in Murtaugh, Idaho

Median Home$360,000
Median Rent$975/month
Population111
Leading IndustriesRetail · Wholesale Trade18% retail
Home Value Growth+9.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners74% of occupied units
Murtaugh
ID

Frequently Asked Questions

What are today's mortgage rates in Murtaugh?

As of today, the 30-year fixed mortgage rate for Murtaugh is approximately 6.954% (6.995% 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 Murtaugh?

The median home value in Murtaugh is $360k. The median monthly rent is $975. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murtaugh?

Home values in Murtaugh have increased 9.7% 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 Murtaugh?

Based on a typical all-in ownership cost of $835/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murtaugh is $71k/year.

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What industries drive the economy in Murtaugh?

The largest employment sectors in Murtaugh are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.