Last updated: 2024 BLS data · Page refreshed:
Rapid River has a population of 223 with a median age of 40.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 223 |
| Median Age | 40.3 |
| White | 88.3% |
| Other / Two or More Races | 11.7% |
The median household income in Rapid River is $51,500, which is 36.1% below the national median of $80,610. The per capita income is $29,193. The poverty rate is 9.9%.
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In Rapid River, 95.6% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher.
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.6% |
| Bachelor's Degree or Higher | 13.2% |
The median home value in Rapid River is $122,500, below the national median of $303,400. The median monthly rent is $99. The homeownership rate is 88.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $122,500 |
| Median Monthly Rent | $99 |
| Homeownership Rate | 88.5% |
| Vacancy Rate | 6.8% |
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