Murphy, Texas is a bustling town in Collin County, Texas. Murphy is a booming community in Collin County located in Texas, United States, near San Antonio and Austin. It is the third-largest city in Texas in terms of the total population. Learn more facts here.
Murphy, Texas is known as the fastest-growing major city in Texas. In the last five decades, the city has emerged as one of the fastest-growing cities in Texas in all directions, which is also evident through the growth of business in Murphy, Texas, and the number of residents moving to the area. The average cost of living in Murphy, Texas is one of the lowest in the U.S., especially in comparison to other major cities. It also boasts of a well-developed transportation system, an excellent medical center, and a low cost of living. Read about Highland Park, Texas Apartments, and Real Estate Market Analysis here.
In the last decade, the city has seen rapid growth in both residential and commercial development. According to some studies, over 20,000 people call Murphy, Texas home. This includes people from all over the Lone Star state, as well as people from other states such as California, Florida, Louisiana, New Mexico, Arizona, and Texas. The city’s growth and development have contributed to the state average of about thirty-three percent in the last five years, which is well above the national average of about twenty percent.