Population Trends & Projections

The municipality of Murrysville has enjoyed steady growth in a region where overall population growth has been negligible, and that trend will continue for the long-term. 

Population in July 2007: 18,536.

Males: 9,169   (49.5%)
Females: 9,367   (50.5%)
Median resident age:   42.8 years
Pennsylvania median age:   38.0 years

Household Growth

From 1990-2005, the number of households in Murrysville increased from 6,030 to 7,500, a 25% increase. Between now and 2010, the number of households in the municipality is expected to rise by almost 6% to 7,920 – impressive growth for the Pittsburgh region.
Estimated median house or condo value in 2015: $246,728
(
it was $152,100 in 2000)

Municipality of Murrysville: $246,728
PA: $170,600


Mean prices in 2015:All housing units: $163,207; 
Detached houses: $169,569; 
Townhouses or other attached units: $191,180; 
In 2-unit structures: $164,036; 
In 3-to-4-unit structures: $170,337; 
In 5-or-more-unit structures: $128,695; 
Mobile homes: $41,752

With strong projected growth in the neighborhood communities of Penn Township and Plum Borough, the Murrysville area has nearly 54,000 households as of 2005, and that total could grow to 56,200 by the end of the decade.

 

High HHI

The aggregate 2005 household income (HHI) in the Murrysville retail market was approximately $2 billion.  Based on growth projections, the area’s aggregate HHI should continue to climb.
Estimated median household income in 2015: $92,448
(
it was $64,071 in 2000)

Municipality of Murrysville: $92,448
PA: $55,702


Estimated per capita income in 2015: $50,856
(
it was $32,017 in 2000)

 

For population 25 years and over in Municipality of Murrysville:

  • High school or higher: 93.9%
  • Bachelor’s degree or higher: 46.1%
  • Graduate or professional degree: 18.5%
  • Unemployed: 2.2%
  • Mean travel time to work (commute): 29.5 minutes

For population 15 years and over in Municipality of Murrysville borough:

  • Never married: 18.5%
  • Now married: 68.0%
  • Separated: 1.5%
  • Widowed: 6.7%
  • Divorced: 5.3%
810 residents are foreign born (2.4% Asia, 1.5% Europe).

This borough: 4.3%
Pennsylvania: 4.1%
Median real estate property taxes paid for housing units in 2000:

Municipality of Murrysville borough:   1.9% ($2,874)
Pennsylvania:   1.6% ($1,552)
Daytime population change due to commuting: -1,534 (-8.1%)
Workers who live and work in this borough: 1,758 (19.6%)

A Desirable Market from Any Perspective

The Murrysville area has almost 5,400 owner households, and nearly 70% of them have HHIs greater than $40,000. Murrysville area also has 5,390 renter households with annual HHI of at least $30,000, as reported in 2004 constant dollars, adding strength to the rental potential of the revitalized route 22 corridor. Renter households represented 19.4% of all Murrysville households since 1990, and decreased to 17.9% by 2015.

For more demographics about Murrysville go to:
http://www.city-data.com/city/Municipality-of-Murrysville-Pennsylvania.html

 

Source: Economic Development Strategy: Route 22 Business Corridor; Murrysville, Pennsylvania.
S. Patz & Associates, Inc., in association with Enviromental Planning & Design, LLC and Kapp Consulting
and CityData.com
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