Gray, IA
Population 70 · Iowa
About Gray, IA
Gray is a small community in Iowa with a population of 70 residents. The median household income is $57,125 per year, which is near the national average. The median age in Gray is 33 years.
Housing in Gray has a median home value of $51,700 and median monthly rent of $0. Of the 39 total housing units, the majority are owner-occupied, with 19 owner-occupied and 4 renter-occupied units.
The unemployment rate in Gray is 0.0% and the poverty rate is 3.3%. 5.4% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Gray, IA
Compared to national averages, Gray has a median household income of $57,125 (24% below the national median of $75,149). Home values average $51,700, which is 79% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Gray's income is 16% below the state average of $67,947, and home values are 61% below the state median of $132,237.
Why Live in Gray, IA?
Gray offers affordable housing with a median home value of $51,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.3%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($57,125) that falls below the national average. However, Gray’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gray has a population of 70 with a median age of 33 years. Compare Gray with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Gray
What is the population of Gray, IA?
The population of Gray, IA is 70 according to the latest Census data.
What is the median household income in Gray?
The median household income in Gray, IA is $57,125 per year.
What is the median home value in Gray?
The median home value in Gray, IA is $51,700.
What is the average rent in Gray?
The median monthly rent in Gray, IA is $0.
What is the unemployment rate in Gray?
The unemployment rate in Gray, IA is 0.0%.