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Gray County Housing Market

Texas · 254 counties · Ranked #274 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$100,400

vs national$100,400 vs $281,900 national

Median Gross Rent

$898/mo

vs national$898 vs $1,163 national

Effective Tax Rate

1.43%

vs national+1.43% vs 1.02% national

Median Household Income

$56,082

vs national$56,082 vs $74,755 national

Affordability Ratio

1.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,435

Tax as % of Home Value

1.43%

Monthly Owner Cost

$731

Renter Income

$36,781

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Mortgage

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Gray County?

The median home value in Gray County is $100,400. This is below the national median of $281,900.

How much is rent in Gray County?

The median gross rent in Gray County is $898 per month.

What is the property tax rate in Gray County?

The effective property tax rate in Gray County is 1.43%. The median annual property tax bill is $1,435.

Is Gray County affordable?

With a home-value-to-income ratio of 1.8x, Gray County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.