Grayville, IL
Population 1,515 · Illinois
About Grayville, IL
Grayville is a small town located in Illinois with a population of 1,515 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,308 per year, which is 37% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grayville features a median home value of $76,000, which is 69% below the national median of $244,900. This makes Grayville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $700, 40% below the national average of $1,163/month. Of the 761 total housing units, 66% are owner-occupied (418 units) and 34% are renter-occupied (212 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Grayville shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 32.1%, above the national average of 12.4%. Workers in Grayville have an average one-way commute time of 26.8 minutes.
Education & Demographics
12.1% of Grayville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Grayville, IL
Compared to national averages, Grayville has a median household income of $47,308 (37% below the national median of $75,149). Home values average $76,000, which is 69% below the national median. Monthly rent at $700 is 40% below the US average of $1,163. Within Illinois, Grayville's income is 37% below the state average of $75,072, and home values are 54% below the state median of $165,779.
Why Live in Grayville, IL?
Grayville offers affordable housing with a median home value of $76,000, below the US average of $244,900, and rent that’s lower than the national average at $700/month.
Potential considerations include median household income ($47,308) that falls below the national average. However, Grayville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grayville has a population of 1,515 with a median age of 41.2 years. Compare Grayville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Grayville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Carroll | 1,515 | $59,167 | $88,800 | Compare |
| Mount Pulaski | 1,513 | $70,175 | $113,400 | Compare |
| Warsaw | 1,511 | $58,074 | $90,700 | Compare |
| Williamsville | 1,519 | $104,135 | $187,000 | Compare |
| Lanark | 1,510 | $66,250 | $97,100 | Compare |
| Malta | 1,507 | $83,611 | $178,900 | Compare |
| Harristown | 1,526 | $74,018 | $116,700 | Compare |
| Thomson | 1,526 | $54,063 | $122,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Grayville With Other Cities
Frequently Asked Questions about Grayville
What is the population of Grayville, IL?
The population of Grayville, IL is 1,515 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Grayville?
The median household income in Grayville, IL is $47,308 per year, which is 37% below the national median of $75,149.
What is the median home value in Grayville?
The median home value in Grayville, IL is $76,000, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grayville?
The median monthly rent in Grayville, IL is $700, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Grayville?
The unemployment rate in Grayville, IL is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grayville, IL a good place to live?
Grayville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,515 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Grayville, IL?
12.1% of residents in Grayville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Grayville?
Key cost-of-living indicators for Grayville, IL: median home value is $76,000 (69% below national), median rent is $700/month, and median household income is $47,308. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grayville?
The poverty rate in Grayville, IL is 32.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Grayville, IL?
Grayville's population is 0.8% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 1.1% two or more races. 1.5% of residents are foreign-born.