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Grayville, IL
Full City Profile · Illinois · Wabash County County
2.7
/5.0
C+
Fair
1,515
Population
711/sq mi density
$47,308
Median Income
$25,054 per capita
$76,000
Home Value
$97,540 Zillow
$700
Median Rent
19.5% income on rent
56°F
Avg Temperature
290 sunny days/yr
448
Violent Crime/100K
2,111 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$47,308 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$76,000 home value, $700/mo rent
F
Safety
1.0 / 5.0
448 violent crimes/100K (18% above avg)
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Housing Overview
Median Home Value
$76,000
73% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
66.3%
1% above US avg (65.4%)
Total Housing Units
833
Median year built: 1955
Home Value by Source
Census Median
$76,000
Zillow (ZHVI)
$97,540
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.3%
Owner-Occupied
33.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$700/mo
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
66.3%
Complete Housing Data
Home Values
| Census Median Value | $76,000 |
| Zillow Home Value (ZHVI) | $97,540 |
Rent
| Census Median Rent | $700 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 66.3% |
| Renter-Occupied | 33.7% |
| Homeownership Rate | 66.3% |
| Total Housing Units | 833 |
| Median Year Built | 1955 |
| Rent Burden | 19.5% |