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Grayson Valley

Learn about the people, housing, costs and businesses in Grayson Valley, Alabama

Median Home$213,489
Median Rent$1,408/month
Population5,385
Leading IndustriesInformation & Media · Professional Services · Finance & Insurance12% information & media
Home Value Growth+7.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners80% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Grayson Valley
AL

Frequently Asked Questions

What are today's mortgage rates in Grayson Valley?

As of today, the 30-year fixed mortgage rate for Grayson Valley is approximately 6.969% (7.008% 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 Grayson Valley?

The median home value in Grayson Valley is $213k. The median monthly rent is $1,408. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grayson Valley?

Home values in Grayson Valley have increased 7.8% over the past two years. This represents moderate growth. 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 Grayson Valley?

Based on a typical all-in ownership cost of $1,089/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grayson Valley is $68k/year.

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What industries drive the economy in Grayson Valley?

The largest employment sectors in Grayson Valley are public administration (22%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.