What percentage of people rent in Murphy, NC?

Name: Renters and owners in Murphy, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

54.0% (±13.7 points) of the occupied homes in Murphy, NC are rented (2020–2024 American Community Survey).

That is 428 renting households against 364 that own their home.

In Murphy, the share of households that rent went from 53.0% in 2015–2019 to 54.0% in 2020–2024 (+1.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 54.0% (±13.7 points)
Renting households: 428 (±172)
Median renter income: $35,475 (±$21,619)

Who rents and who owns in Murphy

Tenure, estimate (90% margin of error)
	Murphy	Cherokee County	North Carolina	United States
Renter-occupied share	54.0% (±13.7 points)	16.3% (±2.7 points)	33.4% (±0.2 points)	34.8%
Renting households	428 (±172)	2,158 (±383)	1,428,852 (±8,279)	45,017,354
Owning households	364 (±102)	11,083 (±417)	2,853,493 (±14,473)	84,210,142
Average renter household size	1.6 (±0.3)	2.1 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.2 (±0.4)	2.2 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$35,475 (±$21,619)	$35,419 (±$4,580)	$48,010 (±$418)	$52,966
Median owner household income	$79,000 (±$12,425)	$59,410 (±$4,467)	$88,911 (±$521)	$100,009

In Murphy, the renter share is higher than in Cherokee County (16.3%).

It is also higher than in North Carolina (33.4%).

It is higher than the national figure (34.8%).

Statewide, it ranks 53 of 663.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Murphy has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	53.0% (±9.1 points)	54.0% (±13.7 points)	+1.0 percentage points	Not a measurable change
Median gross rent	$631 (±$75)	$422 (±$272)	−33.1%	Down after inflation
Median household income	$30,962 (±$9,751)	$37,263 (±$13,177)	+20.4%	No measurable change 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.

Households that rent in places near Murphy

Nearest places with a published estimate, compared with Murphy
Place	Distance	Households that rent	Compared with this place
Murphy	—	54.0% (±13.7 points)	—
Hayesville	12 mi	40.9% (±13.7 points)	Not measurably different
Andrews	13 mi	42.4% (±10.5 points)	Not measurably different
Young Harris	15 mi	61.2% (±13.3 points)	Not measurably different
Blairsville	16 mi	81.0% (±12.4 points)	Higher
Hiawassee	19 mi	42.0% (±10.9 points)	Not measurably different
Morganton	20 mi	23.2% (±17.7 points)	Lower
Robbinsville	20 mi	58.5% (±15.4 points)	Not measurably different
Lake Santeetlah	21 mi	9.8% (±16.7 points)	Lower

Nearby places with a measurably lower figure: Morganton, GA (23.2%), Lake Santeetlah, NC (9.8%).

Nearby places with a measurably higher figure: Blairsville, GA (81.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

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 Murphy

How many renters are there in Murphy?

Murphy has an estimated 428 (±172) renting households, 54.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Murphy?

In Murphy, the share of households that rent went from 53.0% in 2015–2019 to 54.0% in 2020–2024 (+1.0 percentage points), not a measurable change.

How big are renting households in Murphy?

A renting household in Murphy has 1.6 people on average, against 2.2 in an owned home.

How much do renters earn in Murphy?

The median renting household in Murphy, NC has an income of $35,475 (±$21,619) a year, against $79,000 for households that own their home.

Sources

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 Murphy town, North Carolina (place:45660, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.