Murray County, Minnesota

Income Data

-2% vs. Minnesota average
$74,475
Median Household Income
$40,277
Per Capita Income

At a Glance

Median Household Income
$74,475
-2% vs. state avg
Per Capita Income
$40,277
+2% vs. national
Income-to-Housing Ratio
41.5%
income as % of home value
Rank in Minnesota
#33 / 87
by median household income

How Murray County Compares

Murray County$74,475
Minnesota Average$75,757
National Median$74,755

Detailed Income Statistics

$74,475
Median Household Income
$40,277
Per Capita Income
$179,400
Median Home Value
41.5%
Income-to-Housing Ratio

Data Story

About Household Income in Murray County, Minnesota

Murray County matches U.S. median exactly

Murray County's median household income of $74,475 essentially matches the national median of $74,755, placing it right at the U.S. baseline. This achievement is notable for a rural Minnesota county and reflects a resilient local economy.

Slightly below state average income

At $74,475, Murray County trails Minnesota's state average of $75,757 by just $1,282, ranking it in the upper-middle tier of the state's 87 counties. The per capita income of $40,277 also exceeds the state average of $39,335, indicating strong individual earnings.

Strong performer among southwest peers

Murray County's $74,475 income leads Nobles County ($65,509) and rivals or exceeds most neighboring rural counties in southwest Minnesota. Its above-average per capita income of $40,277 suggests households have multiple earners or higher individual wages.

Housing costs are very manageable

Murray County's rent-to-income ratio of 12.4% is among the lowest in the region, signaling comfortable housing affordability for renters and buyers alike. The median home value of $179,400 represents excellent value relative to household income.

Strong income foundation for planning

At the national median income level, Murray County households have a solid foundation for financial planning, retirement contributions, and real estate investment. The below-average housing cost ratio creates breathing room in household budgets for savings and wealth-building vehicles.

Frequently Asked Questions

What is the median household income in Murray County, Minnesota?
The median household income in Murray County, Minnesota is $74,475, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Murray County?
The per capita income in Murray County is $40,277, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $74,475.
How does Murray County compare to the Minnesota average?
Murray County's median household income of $74,475 is lower than the Minnesota state average of $75,757. The per capita income is $40,277, compared to the state average of $39,335.
What is the per capita income in Murray County, Minnesota?
The per capita income in Murray County, Minnesota is $40,277, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Murray County a low-income area in Minnesota?
Murray County's median household income of $74,475 is below the Minnesota average of $75,757. The per capita income of $40,277 is also comparable to the state average of $39,335. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Murray County rank for income in Minnesota?
Murray County ranks #33 out of 87 counties in Minnesota by median household income (1 = highest). With a median household income of $74,475 and per capita income of $40,277, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $74,475 per year

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Income Adequacy

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Your monthly income ($6,206) vs. median rent ($768/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.