Is Murdochville a Good Place to Live?
Based on current data, Murdochville receives an overall livability score of 3.0 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, below-average incomes. Murdochville offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Murdochville is $57,600, 23% below the national average of $75,149. At 12.3%, unemployment is notably high. 14.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Murdochville is $75,000, 73% below the national median — offering relatively affordable homeownership. Renters pay a median of $524 per month, below the national average — a plus for affordability. At just 1.3x median income, home prices are very affordable relative to local earnings.
Education
5.5% of residents hold a bachelor's degree, below the national average of 33.7%. 23.6% have completed high school.