Places/TX/Gray County, TX
County profile

Gray County, TX

United States · GDP 2024
#1548 of 3,127 US counties by GDP28th-percentile growthmore diversified than 91% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.4B
BEA · 2024
GDP growth (YoY)
+1.9%
BEA · 2024
Jobs tracked
5,990
Census CBP · 2023
Employers
509
Census CBP · 2023
Avg. wage
$59.9k
BLS QCEW · 2023
Population
20,919
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$59.6k±$5.9k
Bachelor's degree+
16.2%±2.2%
Poverty rate
15.7%±2.8%
Business applications
214 · 2025
Retail establishments
80
38.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1UMC, Inc.Healthcare$28.6k

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade23%
Food & accommodation19%
Manufacturing18%
Health care16%
Professional services14%
Mining & energy9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
20,919
residents · 2025 · -1.3% since 2020
Income per capita $55.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration160
International migration+241
Natural change356

GDP trend

20192024 · nominal
$1.0B
2019
$976.8M
2020
$1.1B
2021
$1.3B
2022
$1.4B
2023
$1.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$102.9k±$11.2k
Median gross rent
$933/mo±$44/mo
Vacancy rate
19.7%±2.5%
Affordability
1.7× wages
Residential permits
$2.4M
8 units · 0.4/1k pop
FEMA risk score
59.9
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Drought 98Wildfire 94Hail 93
FHFA HOUSE PRICE INDEX · 20162025
202
2016
207
2017
207
2018
210
2019
214
2020
233
2021
258
2022
286
2023
296
2024
308
2025
RESIDENTIAL PERMITS · 20212025
0
2021
0
2022
7
2023
3
2024
8
2025

Transport access

BTS · FAA · USACE
Nearest interstate
21.1 km
I-40
Nearest freight rail
17.0 km
BNSF
Nearest port
467.0 km
CATOOSA FERTILIZER CO DOCKS
Nearest commercial airport
83.4 km
RICK HUSBAND AMARILLO INTL
Wage trend
BLS QCEW · 20192023
$59.9k
avg. annual pay · +19% since 2019
The read

What is the GDP of Gray?

Gray's economy produced $1.4B in 2024, growing 1.9% year over yearslower than 72% of US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.