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Gray County

Learn about the people, housing, costs and businesses in Gray County County

Median Home$109,547
Median Rent$903/month
Population21,045
Leading IndustriesManufacturing · Information & Media · Agriculture & Mining7% manufacturing
Home Value Growth⬆⬆+16.2% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners76% of occupied units
Gray County
TX

Frequently Asked Questions

What are today's mortgage rates in Gray County?

As of today, the 30-year fixed mortgage rate for Gray County is approximately 7.195% (7.229% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Gray County?

The median home value in Gray County is $110k. The median monthly rent is $903. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gray County?

Home values in Gray County have increased 16.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Gray County?

Based on a typical all-in ownership cost of $812/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gray County is $62k/year.

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What industries drive the economy in Gray County?

The largest employment sectors in Gray County are public administration (19%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas