What is the median household income in Murray Hill, KY?
The median household income in Murray Hill, KY is $99,063 (±$19,369) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,600 a month would take about $104,000 a year at the common guideline of spending no more than 30% of income on rent.
In Murray Hill, the median household income went from $80,313 in 2015–2019 to $99,063 in 2020–2024 (+23.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $99,063 (±$19,369)
- Median renter income
- $30,556 (±$6,256)
- Income to afford median rent
- about $104,000
Income in Murray Hill against Jefferson County, its state and the nation
| Murray Hill | Jefferson County | Kentucky | United States | |
|---|---|---|---|---|
| Median household income | $99,063 (±$19,369) | $69,866 (±$1,228) | $63,726 (±$429) | $80,734 |
| Median renter household income | $30,556 (±$6,256) | $44,530 (±$1,423) | $39,858 (±$584) | $52,966 |
| Median owner household income | $190,125 (±$24,712) | $90,548 (±$1,467) | $78,998 (±$476) | $100,009 |
| Median gross rent | $2,600 (±$336) | $1,149 (±$13) | $967 (±$5) | $1,413 |
In Murray Hill, median household income is higher than in Jefferson County ($69,866).
It is also higher than in Kentucky ($63,726).
It is not measurably different from the national figure ($80,734).
In Jefferson County, Murray Hill ranks 51 of 83 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 75 of 438.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Murray Hill
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,600 a month ($31,200 a year) needs an income of about $104,000 a year.
The median renting household in Murray Hill earns $30,556 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $80,313 (±$16,964) | $99,063 (±$19,369) | +23.3% | No measurable change after inflation |
| Median gross rent | $2,382 (±$78) | $2,600 (±$336) | +9.2% | No measurable change after inflation |
| Median home value | $266,700 (±$9,709) | $404,300 (±$35,984) | +51.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Murray Hill
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Murray Hill | — | $99,063 (±$19,369) | — |
| Goose Creek | 0.2 mi | $115,625 (±$22,621) | Not measurably different |
| Langdon Place | 0.3 mi | $100,313 (±$21,122) | Not measurably different |
| Broeck Pointe | 0.4 mi | $106,250 (±$23,114) | Not measurably different |
| Manor Creek | 0.5 mi | $158,750 (±$35,795) | Higher |
| Plantation | 0.6 mi | $82,167 (±$7,725) | Not measurably different |
| Ten Broeck | 0.7 mi | $119,500 (±$72,271) | Not measurably different |
| Rolling Hills | 0.8 mi | $84,375 (±$32,736) | Not measurably different |
| Westwood | 0.8 mi | $101,875 (±$26,838) | Not measurably different |
Nearby places with a measurably higher figure: Manor Creek, KY ($158,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Jefferson County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 44 (tie) | Westwood | $101,875 (±$26,838) |
| 46 | Woodlawn Park | $101,653 (±$11,236) |
| 47 | Cambridge | $101,429 (±$30,981) |
| 48 | Audubon Park | $100,972 (±$28,605) |
| 49 | Langdon Place | $100,313 (±$21,122) |
| 50 | Heritage Creek | $100,294 (±$16,061) |
| 51 | Murray Hill | $99,063 (±$19,369) |
| 52 | Bellemeade | $97,639 (±$25,776) |
| 53 | Graymoor-Devondale | $96,667 (±$17,180) |
| 54 | Woodland Hills | $96,042 (±$13,666) |
| 55 | Wellington | $94,083 (±$16,433) |
| 56 | Houston Acres | $94,000 (±$29,072) |
| 57 (tie) | Fincastle | $90,833 (±$36,026) |
Showing 13 of 83 places in Jefferson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Murray Hill
What is the median household income in Murray Hill?
The median household income in Murray Hill is $99,063 (±$19,369) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Murray Hill?
About $104,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,600 a month.
Have incomes in Murray Hill kept up with inflation?
In Murray Hill, the median household income went from $80,313 in 2015–2019 to $99,063 in 2020–2024 (+23.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Murray Hill?
The median renting household in Murray Hill, KY earns $30,556 (±$6,256) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Murray Hill city, Kentucky
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Murray Hill city, Kentucky
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Murray Hill city, Kentucky
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Murray Hill city, Kentucky
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Murray Hill city, Kentucky
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Murray Hill city, Kentucky
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Murray Hill city, Kentucky (place:54660, in state:21).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Murray Hill at a glance
- Median rent in Murray Hill
- Rent burden in Murray Hill
- Renters and owners in Murray Hill
- Home values in Murray Hill
- Homeowner costs in Murray Hill
- Property taxes in Murray Hill
- Types of homes in Murray Hill
- Age of homes in Murray Hill
- Heating fuel in Murray Hill
- Commute and cars in Murray Hill
- How long people stay in Murray Hill
- Kentucky landlord and tenant rules
- Housing across Jefferson County
- Kentucky places ranked by median household income
- Housing data for every place in Kentucky