Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,131 ↓ 0.5% since 2020 |
| Median Household Income | $56,082 25% below national median |
| Median Home Value | $100,400 |
| Unemployment Rate | 5.3% |
| Median Age | 36.8 years |
| Housing Vacancy Rate | 20.5% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 21,131 |
| Population (2020) | 21,227 |
| Population Growth | -0.45% |
| Median Household Income | $56,082 |
| Median Home Value | $100,400 |
| Total Housing Units | 9,975 |
| Vacant Housing Units | 2,049 |
| Housing Vacancy Rate | 20.5% |
| Median Age | 36.8 |
| Bachelor's Degree or Higher | 1,682 (8.0%) |
| Unemployment Rate | 5.3% |
Market Overview
Gray County, Texas has a population of 21,131, which has declined 0.45% since 2020. The median household income is $56,082, below the national median of $74,580 by 24.8%. The housing vacancy rate of 20.5% suggests soft market conditions. Gray County is part of Texas's land market, attracting both local and out-of-state buyers.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Gray County, Texas?
As of the 2023 American Community Survey, Gray County has a population of 21,131. The county has declined 0.45% since the 2020 Census.
What is the median household income in Gray County?
The median household income in Gray County is $56,082, which is 24.8% below the national median of $74,580.
Is Gray County growing or shrinking?
Gray County is shrinking. The population has declined 0.45% since 2020.
What is the housing market like in Gray County?
The median home value in Gray County is $100,400. The housing vacancy rate is 20.5%, which suggests soft market conditions. The unemployment rate is 5.3%, reflecting the local economic conditions.
Does Reelvest buy land in Gray County, Texas?
Yes! Reelvest Properties buys vacant land throughout Texas, including Gray County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.