Cost of Living in Murray, UT
Population: 49,904 • 2026 Data
$87,864
Median Household Income
+14% vs national
$1,447
Median Monthly Rent
+7% vs national
$470,200
Median Home Value
+39% vs national
3.2%
Unemployment Rate
Housing in Murray
The median home value in Murray, UT is $470,200. Monthly rent for a typical unit averages $1,447, while total monthly housing costs (including utilities and insurance) average $1,429.
Rent-to-income ratio: 19.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Murray, UT is $87,864. The unemployment rate stands at 3.2%, with a labor force of 28,977 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.