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Gray Summit, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Gray Summit, Missouri had a total population of 2,991, the 204th largest community in Missouri, with a median household income of $65,667, which is 7% lower than the state average. The poverty rate is 4.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Gray Summit Quick Facts

Population 2,991
Median Household Income $65,667
Median Home Value $170,500
Poverty Rate 4.2%
Unemployment Rate 2.2%
Median Age 38.0 years
Homeownership Rate 74.9%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 16.8%
High School Graduation Rate 83.2%
Diversity Index 33/100
Population 2,991 204th of 1,062
Median Income $65,667 above average
Poverty Rate 4.2% 67% lower than national
Median Home Value $170,500 above average

How Gray Summit Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,8472,991+5.1%
Median household income$54,883$65,667+19.6%
Median home value$140,200$170,500+21.6%

How Gray Summit Compares

Economy & Housing

Household Income Distribution

Under $25K 14.1%
$25K-$50K 16.4%
$50K-$100K 39.6%
$100K+ 29.8%
Detailed income brackets
Under $10K
2.3%
$10K-$15K
1.0%
$15K-$20K
4.3%
$20K-$25K
6.5%
$25K-$30K
2.4%
$30K-$35K
7.8%
$35K-$40K
0.7%
$40K-$45K
3.2%
$45K-$50K
2.4%
$50K-$60K
15.3%
$60K-$75K
9.4%
$75K-$100K
14.9%
$100K-$125K
12.5%
$125K-$150K
4.3%
$150K-$200K
4.5%
$200K+
8.5%

Employment

2.2% Unemployment Rate State: 4.0%|National: 5.2%
67.2% Labor Force Participation

Housing Overview

Owner 74.9%
Renter 25.1%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $1,043/mo 19.1% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 61

Education

Gray Summit Rankings in Missouri

#204 Population of 1,062
#306 Median Income of 955
#456 Education of 1,062
#300 Home Value of 941

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Washington 15,130 $79,173 7.9% $231,800
Union 12,781 $73,435 8.2% $205,200
Sullivan 6,310 $63,370 11.5% $163,200
St. Clair 4,789 $41,820 15.0% $157,700
New Haven 3,302 $71,306 10.1% $192,400
Villa Ridge 2,835 $73,826 15.9% $166,600
Gerald 1,368 $61,458 14.5% $150,800
Lake St. Clair 872 $81,397 0.0% $227,800
Parkway 624 $44,479 15.5% $192,900
Oak Grove Village 347 $41,324 31.5% $152,500

Cities Similar to Gray Summit

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lawson2,905$65,941$186,00018.4%12.7%
Knob Noster2,838$62,353$202,60029.4%6.0%
Monroe City3,028$55,737$159,30017.5%12.7%
Clever3,030$78,366$200,00025.2%5.9%
Cassville3,202$60,469$155,30011.3%31.3%

Population Overview

Gray Summit is a small community located in Missouri, within Franklin County. The total population is 2,991. It ranks as the 204th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Gray Summit is 38.0 years. This is 3% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Gray Summit is $65,667. This is 7% lower than the state median of $70,702. It is also 19% lower than the national median of $80,734. The poverty rate stands at 4.2%. This is 67% lower than the state poverty rate of 12.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.2%. This is 45% lower than the state rate of 4.0%. The median home value is $170,500. Housing costs are 26% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.6x, Gray Summit is one of the most affordable housing markets in the area. 74.9% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 68.1%.

Race & Ethnicity

The largest racial or ethnic group in Gray Summit is White (non-Hispanic), making up 80.6% of the population. Black or African American residents account for 2.8%. The Black or African American population (2.8%) is well below the state average of 10.9%. The Hispanic or Latino population (2.4%) is well below the state average of 5.2%. The Asian population (0.6%) is well below the state average of 2.1%.

Education

16.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.2%.

Data Sources & Methodology

All demographic data for Gray Summit, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Gray Summit, Missouri?

Gray Summit, Missouri has a population of 2,991 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gray Summit, MO?

The median household income in Gray Summit is $65,667, which is 19% lower than the national median of $80,734.

What is the poverty rate in Gray Summit, MO?

The poverty rate in Gray Summit is 4.2%. This means approximately 124 residents live below the federal poverty line.

What is the racial makeup of Gray Summit, Missouri?

Gray Summit's population is 80.6% White, 2.8% Black, 2.4% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Gray Summit, MO?

The median home value in Gray Summit is $170,500. The home-value-to-income ratio is 2.6x.

How educated is Gray Summit, Missouri?

16.8% of adults (25+) in Gray Summit hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.