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Murray River, PE

Full City Profile · Prince Edward Island

3.2 /5.0
B Good
337 Population 566/sq mi density
$72,500 Median Income $43,296 per capita
$200,000 Home Value
$855 Median Rent 6.4% income on rent
42°F Avg Temperature 252 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$72,500 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$200,000 home value, $855/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher

Murray River, PE

At a Glance

Median Income
$72,500
4% below
$43,296 per capita
Home Value
$200,000
29% below
Median Rent
$855/mo
26% below
6.4% of income on rent
Bachelor's Degree+
11.1%
67% below
27.8% high school+
Unemployment
5.1%
42% above
12.4% poverty rate
Avg Temperature
42°F
252 sunny days/yr

How Murray River Compares to the U.S. Average

Each bar shows Murray River's value as a percentage of the national average (100% = U.S. avg)

Income
96%
Home Value
71%
Rent
74%
Poverty
100%
Bachelor's
33%
Unemployment
142%
Thin vertical line = U.S. national average (100%)

Is Murray River a Good Place to Live?

B
3.2 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Murray River residents earn a median household income of $72,500 , which is 4% below the national average of $75,149. Per capita income is $43,296. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 12.4% of residents live below the poverty line. The area is home to 10 business establishments.

Housing & Cost of Living

The median home value in Murray River is $200,000 , 29% below the national median of $281,900. Median rent is $855/month, with 6.4% of renters spending more than 30% of income on housing.

Education

11.1% of adults in Murray River hold a bachelor's degree or higher (67% below the national average). 27.8% have completed high school.

Climate & Weather

Murray River has an average annual temperature of 42°F (6°C). Winters average 20°F in January while summers reach 65°F in July. The area gets 252 sunny days per year. Annual precipitation totals 46.6 inches.

Data Overview

People

Population337
Median Age25.2 yrs
Density566/mi²
Male / Female83% / 17%

Economy

B+
Median Income$72,500
Per Capita$43,296
Unemployment5.1%
Poverty12.4%
Avg Weekly Wage$833

Housing

A+
Home Value$200,000
Rent$855
Ownership100.0%
Housing Units45
Rent Burden6.4%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp42°F
Sunny Days252/yr
Rain46.6 in/yr
Elevation66 ft

Education

D
Bachelor's+11.1%
High School+27.8%
Graduate+11.1%

Community

Commute34 min

Did You Know?

20.0% work from home.