Murray was one of several boisterous mining camps that became active in the late 1880s in Northern Idaho. Mines operated in the area from the 1880s to the 1950s. A Northern Pacific railroad line served the community for two years during the 1910s.
Today Murray is inhabited by prospectors, loggers, and retirees. Two businesses remain open, the Sprag Pole Restaurant and Museum and the Bedroom Goldmine Bar. The Sprag Pole occupies one of the town's original buildings, built in 1884.