Gray County, Texas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Gray County Compares
Detailed Income Statistics
Income Advisory: Gray County
Income Verdict
Gray County has a median household income of $56,082 and per capita income of $30,893 — a gap of $25,189, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $898/month and a median household income of $56,082, rent consumes approximately 19.2% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $56,082, residents of Gray County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $30,893 is in line with national norms for individual earners.
Neighbor Context
Gray County earns approximately 13.4% below the Texas state median household income of $64,737.
Data Story
About Household Income in Gray County, Texas
Gray County income trails U.S. median
Gray County's median household income of $56,082 is 24.9% below the national median of $74,755. The county ranks among Texas's lower-income areas, reflecting limited job diversity and wage growth.
Lowest among peer counties
At $56,082, Gray County falls 13.4% short of Texas's median household income of $64,737. The county faces economic headwinds compared to statewide averages, suggesting concentration in lower-wage industries.
Neighbors earn more overall
Gray County ($56,082) ranks below most adjacent counties, including Gonzales ($59,355) and Gregg County ($64,809). The per-capita income of $30,893 is notably lower than the state average of $33,197, indicating earnings challenges across demographic groups.
Housing costs strain budgets
Gray County's rent-to-income ratio of 19.2% is elevated, meaning housing consumes nearly one-fifth of median household earnings. The modest median home value of $100,400 helps keep ownership costs down, but renters face tighter monthly budgets.
Prioritize financial stability first
With higher housing cost burdens, Gray County residents should focus on building emergency reserves before investing. Look into local workforce development programs and training opportunities that could boost earning potential over time.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Gray County
Your income is above the Gray County median
County median: $56,082 per year
vs. County Median
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vs. State Average
-13%
vs. National Median
-25%
Income Adequacy
Your monthly income ($4,674) vs. median rent ($898/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.