City

Gray, KY

1 ZIP code  ·  Knox County  ·  Kentucky

👥3,633Population
💰$40,270Median HH Income▼ 47% below avg
🎂42.0Median Age
🏠$112,400Median Home Value▼ 60% below avg
🎓14.7%College Grads▼ 62% below avg
📊7.7%Unemployment▲ 56% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 56.8% Female 43.2% ♀

Race & Ethnicity

White: 97.7%Hispanic: 0.1%Black: 0.4%Other: 1.7%Race
White97.7%
Hispanic0.1%
Black0.4%
Other1.7%

Age Breakdown

Under 5
4%
5–17
16%
18–24
8%
25–44
23%
45–64
38%
65+
5%

Key Indicators

Median Age42.0 yrs
Avg HH Size2.61
Below Poverty30.7% ▲ 207% above avg
College Grads14.7% ▼ 62% below avg
Unemployment7.7% ▲ 56% above avg
No HS Diploma157 (6.9%)
HS Graduate900 (39.6%)
Some College467 (20.5%)
Associates415 (18.2%)
Bachelors141 (6.2%)
Graduate Degree194 (8.5%)

Education

No HS: 6.9%HS Grad: 39.6%Some College: 20.5%Associates: 18.2%Bachelors: 6.2%Graduate: 8.5%Edu
No HS6.9%
HS Grad39.6%
Some College20.5%
Associates18.2%
Bachelors6.2%
Graduate8.5%
Housing & Income

Housing Tenure

Owner: 78.2%Renter: 21.8%Tenure
Owner78.2%
Renter21.8%

Home Value Distribution

Under $50k
31%
$50k–$100k
13%
$100k–$150k
20%
$150k–$200k
8%
$200k–$300k
22%
$300k–$500k
2%
Over $500k
4%

Financials

Median HH Income$40,270 ▼ 47% below avg
Median Home Value$112,400 ▼ 60% below avg
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$674/mo
Total Housing Units1,712
Vacant Units323

Income Distribution

Under $25k
38%
$25k–$50k
20%
$50k–$75k
16%
$75k–$100k
6%
$100k–$150k
17%
$150k–$200k
1%
Employment & Commute

How People Get to Work

Drove Alone
84%
Work From Home
16%

Commute Time

Under 15 min
20%
15–30 min
57%
30–45 min
16%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
9%
1960s–1970s
17%
1980s–1990s
18%
2000+
54%
About Gray, KY

Gray is a city in Kentucky, located in Knox County. The city spans 1 ZIP code and is home to approximately 3,633 residents. It is a middle-aged city, with a median age of 42 years.

Economically, Gray is a working-class community. The median household income of $40,270 is below the national average. Approximately 30.7% of residents live below the poverty line. The unemployment rate is 7.7%, significantly above the national average.

The real estate market in Gray is one of the more affordable housing markets in the country. Median home values stand at $112,400, which is well below the national average. Renters typically pay around $674 per month. Homeownership is high at 78.2%, typical of suburban and family-oriented communities.

The population of Gray is less-educated. 14.7% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (97.74%).

Gray, KY offers residents a cost-conscious lifestyle within Kentucky.

ZIP Codes in Gray
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
40734 3,633 $40,270 $112,400 $674 7.7% 14.7% 78.2%