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Grays River

Learn about the people, housing, costs and businesses in Grays River, Washington

Median Home$396,800
Median Rent$853/month
Population261
Leading IndustriesEducation · Construction · Agriculture & Mining4% education
Home Value Growth⬆⬆⬆+22.7% over 2 years
Retirees27% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Grays River
WA

Frequently Asked Questions

What are today's mortgage rates in Grays River?

As of today, the 30-year fixed mortgage rate for Grays River is approximately 6.819% (6.852% 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 Grays River?

The median home value in Grays River is $397k. The median monthly rent is $853. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grays River?

Home values in Grays River have increased 22.7% 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 Grays River?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grays River is $63k/year.

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What industries drive the economy in Grays River?

The largest employment sectors in Grays River are public administration (18%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.