Utah · West · 50k residents
Murray, UT: economy, jobs & business costs
The site-selection read on Murray: labor costs, talent, corporate tax, energy, and business activity, with the Utah median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,333/wk. Utah's corporate income tax rate is 4.5%. Commercial electricity averages 9.4¢/kWh.
Compare Murray side by side
Avg. weekly wage
$1,333/wk
Corporate income tax
4.5%
Bachelor's degree or higher
41.9%
Commercial electricity
9.4¢/kWh
Economic momentum
How fast Murray's economy is moving, ranked against the US cities we track.
5/100
Cooling
Ranks Murray's residential building-permit growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $507,500 |
| Price per sq. ft. | $290 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $1,319/mo |
| 2-bedroom rent | $1,476/mo |
| State & local income tax | 4.65% |
| Sales tax | 7.2% |
| Corporate income tax | 4.5% |
| Avg. weekly wage | $1,333/wk |
| Bachelor's degree or higher | 41.9% |
| Commercial electricity | 9.4¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $128,810 |
| Wage: Registered nurse | $84,600 |
| Wage: General manager | $97,850 |
| Wage: Customer service | $43,140 |
| Wage: Warehouse worker | $37,690 |
| Wage: Heavy truck driver | $60,620 |
| Wage: Electrician | $62,000 |
| Wage: Retail salesperson | $33,900 |
| Cost of living index | 107 |
| Groceries index | 98 |
| Utilities | $135/mo |
| Transit pass | $85/mo |
| Gas price | $3.40/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,050/mo |
| Median household income | $90,746 |
| Unemployment rate | 3% |
| Population | 50k |
| Crime index | 38/100 |
| School rating | 6.8/10 |
| Walkability | 34/100 |
| Disaster risk | — |
| Avg. commute | 22 min |
| Sunny days / year | 230 days |
| July high | 92°F |
| January low | 23°F |
| Annual snowfall | — |
| Home price YoY | +1.9% |
| Home price MoM | -0.3% |
| Rent YoY | -3.6% |
| Rent MoM | -0.3% |
| Employment (jobs) YoY | — |
| Building permits YoY | -74.7% |
| Ocean coast | 586 mi |
| Big lake | 23 mi |
| Mountains | 23 mi |
| Major airport | 10 mi |
| Ski resort | 13 mi |
Popular comparisons
Nearby
- Taylorsville, UT · 59k
- South Salt Lake, UT · 26k
- Millcreek, UT · 64k
- Holladay, UT · 31k
- Midvale, UT · 36k
Similar size
- Draper, UT · 50k
- Saratoga Springs, UT · 48k
- Eagle Mountain, UT · 53k
- Logan, UT · 55k
- Riverton, UT · 45k
Real listings in Murray
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Murray a good place to run a business?
- Utah's corporate income tax rate is 4.5%; average weekly wages in the surrounding labor market run $1,333/wk; commercial electricity averages 9.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Murray, UT?
- Murray indexes at 107 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,476/mo and a acs median home value of $507,500.
- How much does a house cost in Murray?
- The acs median home value in Murray is $507,500 (Census ACS estimate; individual listings vary).
- How much is rent in Murray?
- A two-bedroom in Murray rents for about $1,476/mo.