Gray Summit, MO
Population 2,847 · Missouri
About Gray Summit, MO
Gray Summit is a small community in Missouri with a population of 2,847 residents. The median household income is $54,883 per year, which is near the national average. The median age in Gray Summit is 35.2 years.
Housing in Gray Summit has a median home value of $140,200 and median monthly rent of $1,041. Of the 1,201 total housing units, the majority are owner-occupied, with 857 owner-occupied and 197 renter-occupied units.
The unemployment rate in Gray Summit is 2.3% and the poverty rate is 10.1%. 16.1% of residents hold a bachelor's degree or higher. The average commute time is 29 minutes.
Cost of Living in Gray Summit, MO
Compared to national averages, Gray Summit has a median household income of $54,883 (27% below the national median of $75,149). Home values average $140,200, which is 43% below the national median. Monthly rent at $1,041 is 10% below the US average of $1,163. Within Missouri, Gray Summit's income is 10% below the state average of $61,047, and home values are 7% below the state median of $150,786.
Why Live in Gray Summit, MO?
Gray Summit offers affordable housing with a median home value of $140,200, below the US average of $244,900, and rent that’s lower than the national average at $1,041/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features a low poverty rate of 10.1%, better than the national average.
Potential considerations include median household income ($54,883) that falls below the national average. However, Gray Summit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gray Summit has a population of 2,847 with a median age of 35.2 years. Compare Gray Summit with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Gray Summit
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Piedmont | 2,857 | $37,868 | $102,400 | Compare |
| Portageville | 2,869 | $36,924 | $150,000 | Compare |
| Knob Noster | 2,824 | $60,294 | $146,700 | Compare |
| Licking | 2,816 | $32,813 | $109,000 | Compare |
| Montgomery City | 2,810 | $51,707 | $137,500 | Compare |
| Moline Acres | 2,806 | $55,069 | $76,500 | Compare |
| Fayette | 2,800 | $58,750 | $128,700 | Compare |
| Owensville | 2,798 | $50,428 | $133,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Gray Summit
What is the population of Gray Summit, MO?
The population of Gray Summit, MO is 2,847 according to the latest Census data.
What is the median household income in Gray Summit?
The median household income in Gray Summit, MO is $54,883 per year.
What is the median home value in Gray Summit?
The median home value in Gray Summit, MO is $140,200.
What is the average rent in Gray Summit?
The median monthly rent in Gray Summit, MO is $1,041.
What is the unemployment rate in Gray Summit?
The unemployment rate in Gray Summit, MO is 2.3%.