Grayson, KY Profile: Facts & Data

The primary coordinate point for Grayson is located at latitude 38.3326 and longitude -82.9485 in Carter County. The formal boundaries for the City of Grayson encompass a land area of 2.89 sq. miles and a water area of 0.06 sq. miles. Carter County is in the Eastern time zone (GMT -5).

The City of Grayson has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Grayson is located within Grayson Division of Carter County.

Grayson, KY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,805 (100%)
Population in Households	3,177 (83.5%)
Population in Families	2,591 (68.1%)
Population in Group Quarters¹	628 (16.5%)
Population Density	1,371
Diversity Index²	19


INCOME
Median Household Income	$40,191
Average Household Income	$63,095
% of Income for Mortgage⁴	29%
Per Capita Income	$24,260
Wealth Index⁵	43
Socioeconomic Status Index⁶	Moderate (47.0)

HOUSING
Total HU (Housing Units)	1,679 (100%)
Owner Occupied HU	908 (54.1%)
Renter Occupied HU	537 (32.0%)
Vacant Housing Units	234 (13.9%)
Median Home Value	$184,810
Average Home Value	$193,695
Housing Affordability Index³	91

HOUSEHOLDS
Total Households	1,445
Average Household Size	2.20
Family Households	885
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Grayson, KY - Peer Comparisons by Rank and Percentile

The table below compares Grayson to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.25%	-0.29%
Households	-0.45%	-0.39%
Families		-0.36%
Median Household Income		2.95%
Per Capita Income		3.12%
Owner Occupied HU		-0.49%

Variable Description	Rank	Percentile
Total Population	# 107	81st
Population Density	# 164	71st
Median Household Income	# 470	15th
Housing Affordability Index	# 94	17th
Per Capita Income	# 446	20th
Diversity Index	# 316	43rd

Grayson, KY Profile: Facts & Data

Grayson, Kentucky - Basic Facts

Grayson, KY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grayson, KY - Peer Comparisons by Rank and Percentile

Grayson, KY - Most Popular Things to Do

Use HTL Address Research for a Kentucky Address and get...

Quick & Easy Ways to...

Kentucky Census Data Comparison Tool

Carter County