As of 2025 the population of Gray County is 5,583. The population is expected to shrink to 5,581 by 2030 - a growth rate of -0.01%.
The median age of Gray County residents is 38.
The diversity index of Gray County is 50.1, meaning that there is a 50% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Gray County is $95,601 and projected to be $101,836 in 2030. Per capita income is $36,255, projected to be $39,178 in 2030. 2.44% of households – 136 – have an income of $200,000 or higher. Average net worth is $891,310 and the average disposable income is $73,437.
There are 2,377 housing units in Gray County; 1,607 are owner-occupied, 507 are rented, and 263 are vacant. The average home value is $231,346, with 157 homes built in 2010 or later, and 424 built in 1939 or earlier.
There are 380 businesses in Gray County, employing 2,770 workers and pulling from a labor force of 2,810 age 16 and above. 844 workers commute into Gray County from outside the county or state. Key industries for the area include:
1,966 residents both live and work in/around Gray County. The average travel time is 17.3 minutes. 27.62% people have a commute of less than 5 minutes while 1.53% commute 90 minutes or more each way. Of commuters, 2,368 drive alone, 235 carpool, and 2 take public transportation. 86 use other modes of transport such as motorcycle, bicycle, walking, etc. 119 residents work from home.
869 members of the workforce hold a high school diploma or GED. 320 have associates degrees, 775 have bachelor’s degrees, and 167 hold a graduate or professional degree.
Source: ESRI, 2025-10-16
