Measured against area pay, Gray Township costs less to live in than 79% of U.S. towns
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of White County, IL ($55K). How TownRatings grades cost of living
The grade compares costs with what households across White County earn ($55K, Census 2020–24). The typical home costs 1.5 years of area income, and 16% of renters pay 30% or more of income for housing.
In dollars
- $920a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 1.5 yrsof area income buys the typical home; the typical U.S. town: 3.3$55K, White County income
- 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 27%of owners do; the typical U.S. town: 20%Census 2020–24
What kind of housing town is Gray Township?
Read from the numbers below. The page puts what stands out first.
What’s behind Gray Township’s grade
Measured against what households in the area earn, Gray Township is more affordable than 79% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; home prices hold it up.
A typical home costs 1.5 years of area income
The calculator starts from the area income the grade uses. Switch to Gray Township’s own median, or type yours.
That covers a typical Gray Township home, with $120K to spare.
A two-bedroom rents for about $920 a month here, $410 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gray Township’s typical property tax (1.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $920
Renters already here pay a median of $795, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Edwards County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Illinois norm
The median bill is $1,113 (Illinois: $5,298), 1.39% of a home’s value a year, against 2.01% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Gray Township vs. its neighbors
Zillow publishes no value for Gray Township. Phillips Township has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Gray Township | A− | — | $80K | 1.39% | $920 |
| Grayville | A | $95K | $74K | 1.31% | $920 |
| Phillips Township | A+ | — | $109K | 1.01% | $920 |
| Burnt Prairie Township | – | — | $163K | 1.05% | $940 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Gray Township
Is Gray Township expensive to live in?
Measured against what households in the area earn, Gray Township costs less than 79% of U.S. towns: an A− for cost of living. The typical home costs 1.5 years of the median household income of White County, IL ($55K).
How much is rent in Gray Township?
HUD puts a two-bedroom at about $920 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $795 (Census 2020–24).
What are property taxes in Gray Township?
The median bill is $1,113 a year, 1.39% of the median home value (Illinois: $5,298, 2.01%), from the Census 2020–24.
Neighbors talk housing
What Gray Township buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.