Cost of Living in Murray
Murray's cost of living runs genuinely affordable, anchored by Calloway County's own property tax rate, which runs below Kentucky's statewide range.
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Learn moreGenuinely affordable housing
Murray's most recent median home sale price ran approximately $175,000, though down a real, disclosed 21.0% YoY per one source -- confirm current listings directly.
Calloway County's below-range property tax
Calloway County's own effective property tax rate ran approximately 0.67% -- genuinely below Kentucky's statewide 0.80%-0.85% range and the national median of ~1.02%.
Kentucky's flat 3.5% income tax
Kentucky's real, flat state income tax was cut to 3.5% effective January 1, 2026, applying statewide including in Murray, with no additional local income tax layer.
Key takeaways
- Murray's housing costs run genuinely affordable, though a real, disclosed sharp recent decline is worth confirming directly.
- Calloway County's property tax rate (~0.67%) runs genuinely below Kentucky's statewide range.
- Kentucky's flat-bracket state income tax (3.5%) applies with no local Murray income tax add-on.
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