Cost of Living in Gray County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Gray County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Gray County ranks #1,539 of 3,142 counties for affordability (top 49%)
Sourced county brief
Median Home Value in Gray County Estimated at $102,900
Median home value in Gray County was estimated at $102,900, a figure below the Texas unweighted county mean of $185,237. For those in rental units, the official ACS B25071 gross rent as a percentage of household income (GRAPI) was 30.0%, which is 3.1 percentage points above the state unweighted county mean of 26.9%. The median gross rent in Gray County was $933 per month, compared to the Texas unweighted county mean of $995. Median selected monthly owner costs for all owner-occupied units were $747, falling below the unweighted county mean of $877. The median renter-household income for the period was $38,438, while the median household income for all residents was $59,614. These metrics provide a snapshot of the housing landscape in Gray County during the 2020-2024 period. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Gray County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.0% of renter household income in Gray County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $933 per month; median selected monthly owner costs are $747. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $37,320 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Texas unweighted mean of county median rents is $995 per month. Gray County's $933 median is 6.2% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Gray County
Rent Burden
18.8%
of gross income
Max Housing (28% Rule)
$1,391
per month
Owner Cost Burden
15.0%
of gross income
You can likely afford the median home in Gray County
Median home value is $102,900. Estimated monthly cost: $821 vs. your max of $1,391.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Gray County, Texas?
What is the median rent in Gray County?
Is Gray County affordable?
How does Gray County's rent compare to the state average?
What is the median home value in Gray County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Gray County, Texas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Gray County
Whether you're buying in Gray County, Texas, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.