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The total population of Murphy is estimated to be 20,880 with 10,385 males (49.74%) and 10,495 females (50.26%). There are 110 more females than males in Murphy.
The median household income in Murphy was $159,172 in 2021, which marked an a decrease of 406(0.25%) from $159,578 in 2020. This income is 213.35% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Murphy sees its highest median household income among householders in the age group of 45 to 64 years old, at $171,028. Overall, the median household income for the city of Murphy stands at $159,172.
In Murphy, the median income for all workers aged 15 years and older, regardless of work hours, was $75,466 for males and $43,476 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $108,262 for males and $62,124 for females.
In Murphy, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, White households have the highest median household income at $163,132, while Black or African American households represent the opposite end with the lowest median household income of $116,018.
In 2022, the population of Murphy was 21,175, a 0.17% decrease year-by-year from 2021. Previously, in 2021, Murphy's population was 21,212, an increase of 0.58% compared to a population of 21,090 in 2020.
The median age in Murphy, TX is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 23.84% were under the age of 15, 18.86% aged 15 to 29, 47.75% aged 30 to 64, 9.41% aged 65 to 84, and 0.14% were 85 years of age and older.
Racial distribution of Murphy population: 55.74% are White, 11.62% are Black or African American, 0.49% are American Indian and Alaska Native, 28.64% are Asian, 0.15% are some other race and 3.36% are multiracial.