Murraysville, NC

Average · 104

North Carolina · Population 17,307 · Updated March 2026

$1,667
Median Rent / Month
$75,720
Median Income
$281,600
Median Home Value
$1,423
Owner Costs / Month

Affordability

How far your income goes in Murraysville

26.4%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in North Carolina

State-level tax rates that affect your costs

4.5%
Income Tax (Top Rate)
4.75%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$20,004
Annual Rent
$3,407
State Income Tax
$2,253
Property Tax (est.)

Cost of Living Overview

Murraysville has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 104 (where 100 equals the national median), Murraysville residents can expect to pay median rent of $1,667/month while earning a median household income of $75,720/year.

The median home value in Murraysville, NC is $281,600, with typical monthly owner costs around $1,423 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.4%, Murraysville falls within the generally affordable range, though it's approaching the 30% burden threshold.

North Carolina has a moderate income tax rate of 4.5%. Combined with a 4.75% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in Murraysville.

Frequently Asked Questions

Common questions about living costs in Murraysville

What is the cost of living in Murraysville, NC?
The cost of living index in Murraysville, NC is 104 (US average = 100). Median monthly rent is $1,667, median household income is $75,720/year, and the median home value is $281,600.
Is Murraysville, NC affordable?
No, Murraysville is more expensive than the national average with a cost index of 104. The rent-to-income ratio is 26.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Murraysville, NC?
The median gross rent in Murraysville, NC is $1,667 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,004.
What is the median household income in Murraysville?
The median household income in Murraysville, NC is $75,720 per year. This compares to the national median of approximately $80,000.
What are the taxes like in North Carolina?
North Carolina has a top income tax rate of 4.5%, a sales tax of 4.75%, and an effective property tax rate of 0.8%.