Murphy, TX Real Estate
According to census data in the year 2000 there were 1,122 housing units in Murphy.
This represents a 117.4% growth from 516 in 1990.
Of those housing units, 907 were located in either urbanized areas or urban clusters, and 215 were located in what is classified as a rural area.
Homeownership rate in Murphy is about 95.4%.
Murphy's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 3.03 people.
The majority of houses, apartments or condos in Murphy were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.40% |
| Two Bedrooms | 3.40% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 55.90% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $169,700 |
| Median Price asked for vacant units | $185,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 76.40% |
| Debt Free | 13.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
