At a Glance
Median Income
$62,308
$31,166 per capita
Home Value
$146,000
Zillow: $242,486
Median Rent
$959/mo
24.2% of income on rent
Bachelor's Degree+
19.0%
88.6% high school+
Unemployment
5.1%
11.8% poverty rate
Obesity Rate
40.5%
15.2% smoking rate
How Raymond Compares to the U.S. Average
Each bar shows Raymond's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Raymond a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Raymond residents earn a median household income of $62,308 , which is 17% below the national average of $75,149.
Per capita income is $31,166. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 11.8% of residents live below the poverty line. The area is home to 1,484 business establishments, including 94 restaurants.
Housing & Cost of Living
The median home value in Raymond is $146,000 , 48% below the national median of $281,900.
Zillow estimates the typical home at $242,486. Median rent is $959/month, with 24.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1970.
Education
19.0% of adults in Raymond hold a bachelor's degree or higher
(44% below the national average).
88.6% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Raymond has an average annual temperature of 44°F (7°C).
Winters average 12°F in January while summers reach 72°F in July. Annual precipitation totals 28.7 inches.
Data Overview
People
Population771
Median Age34.6 yrs
Density866/mi²
Male / Female54% / 46%
Foreign Born4.5%
Veterans5.2%
Economy
B+
Median Income$62,308
Per Capita$31,166
Unemployment5.1%
Poverty11.8%
County GDP$3,138M
Avg Weekly Wage$1,000
Housing
A+
Home Value$146,000
Rent$959
Ownership67.8%
Zillow$242,486
Housing Units334
Rent Burden24.2%
Health
Obesity40.5%
Diabetes9.4%
Smoking15.2%
Heart Disease5.4%
Premature Death6,132/100K
Climate
Avg Temp44°F
Rain28.7 in/yr
Elevation1,075 ft
Education
C+
Bachelor's+19.0%
High School+88.6%
Graduate+0.8%
School Score5.7/10
Community
2024 VoteR 65% / D 34%
Commute21 min
Broadband80.9%
Internet Speed91 Mbps
EV Stations1
Libraries6
Did You Know?
The median home in Raymond was built in 1970.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (49 miles).
The Gini coefficient (income inequality) is 0.418 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.2% of the population has a disability.
The county recorded 7 fatal vehicle crashes.