Murphy, OK is a small city located in Johnston County. It is known for its rural charm and affordable living expenses. The average rent for a two-bedroom apartment in Murphy is $830 compared to the US average of $1,430 making it an ideal place to live on a budget. Additionally, the grocery cost index in Murphy is 93 compared to 100 in the US, making groceries more affordable here as well.
The city offers plenty of entertainment and activities for locals including outdoor movie showings at Dogwood Park and open mic nights at Outlaw's Pizza & Pub. Murphy is also home to several businesses such as Murphy Grocery Store, Red River Hardware and Feed Store, and Johnston County Bank. With so many amenities available in this small town, it's no wonder why people are drawn to Murphy for its affordability and laid back lifestyle.
Murphy has an unemployment rate of 3.7%. The US average is 6.0%.
Murphy has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Murphy
- The Sales Tax Rate for Murphy is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Murphy is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Murphy
- The average income of a Murphy resident is $19,002 a year. The US average is $37,638 a year.
- The Median household income of a Murphy resident is $0 a year. The US average is $69,021 a year.