Murray, NY is a quaint town located in the Finger Lakes region of New York State. It is known for its peaceful atmosphere and small-town charm. The cost of living in Murray is lower than the U.S. average, with two bedroom rent listed at $1,000 compared to $1,430 nationally. The local grocery cost index is also lower than the national average at 98 versus 100. For those looking to save money while living in a beautiful area, Murray is an ideal location.
Local companies in Murray include many farms and wineries that offer unique agritourism experiences as well as wine tasting opportunities on their premises. There are also several small businesses that provide goods and services such as retail stores, restaurants and cafes, banks and insurance agencies, auto repair shops and more to meet the needs of locals within the community. All these contribute to making Murray a great place to live with an excellent quality of life despite its relatively affordable cost of living.
Murray has an unemployment rate of 7.1%. The US average is 6.0%.
Murray has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Murray
- The Sales Tax Rate for Murray is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Murray is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Murray
- The average income of a Murray resident is $42,867 a year. The US average is $37,638 a year.
- The Median household income of a Murray resident is $56,818 a year. The US average is $69,021 a year.