The Murray Volunteer Fire Department was established soon after the town incorporated in 1935. A rural fire district was organized in 1962 and the village joined that district in 1981. During 1984, Murray's centennial year, the town could point with pride to 31 business enterprises. One of them, Livingston Lumberyard, could trace its origin back to 1894 when James Root and Tapley Fought established the business. The Shed Restaurant, known far and wide for its good food and friendly service, is another important business.
Beaver Lake is a sizable housing development east of town along the Missouri River.