Living in Gray Summit, Missouri
Cost of living, income, home prices, rent and demographics of Gray Summit · Census data 2020–2024
Gray Summit has 2,991 residents with a median age of 38. The median household income is $65,667 (7% lower than the Missouri median), the median home value is $170,500, the median rent is $1,043/month.
Gray Summit at a glance
- Population
- 2,991
- Median age
- 38State: 39
- Median household income
- $65,667State: $70,702
- Median home value
- $170,500State: $230,300
- Median rent
- $1,043/moState: $1,033
- Homeowners
- 74.9%
- Bachelor's degree or higher
- 16.8%
- Average commute
- 29 min
Is Gray Summit a good place to live?
Pros: Home values 26% lower than the state median; unemployment of 2.2%; a poverty rate of 4.2%.
Cons: Median household income 7% lower than the Missouri median; an average commute of 29 minutes.
The weather is best in May–June and September–October.
Cost of living in Gray Summit
Housing is the biggest part of the cost of living. In Gray Summit the median home value is $170,500, 49% lower than the U.S. median. Renters pay a median of $1,043 per month, which is 27% of household income. Homeowners with a mortgage pay $1,289 a month in housing costs.
Gray Summit median household income
The median household income in Gray Summit is $65,667 and the income per person is $35,261. 4.2% of residents live below the poverty line (Missouri: 12.6%).
Housing in Gray Summit: homes for sale and rent
- Housing units
- 1,328
- Owner-occupied
- 74.9%
- Renter-occupied
- 25.1%
- Vacant
- 10.7%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.52
Gray Summit demographics
- Population
- 2,991
- Median age
- 38
- Under 18
- 27.2%
- 65 and older
- 14.2%
- Households
- 1,186
- Foreign-born
- 0.6%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Gray Summit ›
Education in Gray Summit
16.8% of adults 25 and older in Gray Summit have a bachelor's degree or higher (Missouri: 32.4%), and 4.5% have a graduate or professional degree.
Jobs and commute in Gray Summit
- Unemployment rate
- 2.2%State: 4%
- Average commute
- 29 minState: 24 min
- Work from home
- 13.8%
- Drive alone
- 72.8%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 95.4%
Gray Summit vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gray Summit | 2,991 | $65,667 | $170,500 | $1,043 |
| Villa Ridge | 2,835 | $73,826 | $166,600 | $1,462 |
| Pacific | 7,475 | $62,860 | $249,300 | $906 |
| Augusta | 285 | $103,750 | $362,500 | $1,375 |
| Lake Tekakwitha | 202 | $51,042 | $109,600 | $900 |
| LaBarque Creek | 1,457 | $133,083 | $455,600 | — |
| Eureka | 13,081 | $108,394 | $379,200 | $1,252 |
| Wildwood | 35,133 | $161,060 | $495,800 | $1,661 |
| Union | 12,781 | $73,435 | $205,200 | $858 |
More for people moving to Gray Summit
Gray Summit ZIP code ›Weather and climate ›Living in Gray Summit: FAQ
What is the median household income in Gray Summit, MO?
The median household income in Gray Summit is $65,667, 7% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gray Summit?
The median home value in Gray Summit is $170,500, compared with $230,300 in Missouri.
How much is rent in Gray Summit?
The median gross rent in Gray Summit is $1,043 per month, about 27% of household income.
Is Gray Summit, MO a good place to live?
Pluses: home values 26% lower than the state median; unemployment of 2.2%; a poverty rate of 4.2%. Minuses: median household income 7% lower than the Missouri median; an average commute of 29 minutes.
What is the median age in Gray Summit?
The median age in Gray Summit is 38 years (Missouri: 39).
How long is the commute in Gray Summit?
The average commute to work in Gray Summit is 29 minutes; 13.8% of workers work from home.
What is the unemployment rate in Gray Summit?
The unemployment rate in Gray Summit is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gray Summit?
16.8% of adults in Gray Summit have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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