Last updated: 2024 BLS data · Page refreshed:
Ray has a population of 714 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 714 |
| Median Age | 35.3 |
| White | 89.4% |
| Other / Two or More Races | 10.6% |
The median household income in Ray is $72,031, which is 10.6% below the national median of $80,610. The per capita income is $49,208. The poverty rate is 12.3%.
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In Ray, 84.0% of residents age 25+ have a high school diploma or higher, and 15.1% hold a bachelor's degree or higher (6.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.0% |
| Bachelor's Degree or Higher | 15.1% |
| Graduate or Professional Degree | 6.5% |
The median home value in Ray is $227,600, below the national median of $303,400. The median monthly rent is $988. The homeownership rate is 62.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $227,600 |
| Median Monthly Rent | $988 |
| Homeownership Rate | 62.4% |
| Vacancy Rate | 18.2% |
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