Living in Ray, Alabama
Cost of living, income, home prices, rent and demographics of Ray · Census data 2020–2024
Ray has 548 residents with a median age of 41.9. The median household income is $77,951 (22% higher than the Alabama median), the median home value is $137,500, the median rent is $1,066/month.
Ray is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ray at a glance
- Population
- 548
- Median age
- 41.9State: 39.3
- Median household income
- $77,951State: $63,999
- Median home value
- $137,500State: $209,900
- Median rent
- $1,066/moState: $1,007
- Homeowners
- 77.6%
- Bachelor's degree or higher
- 18.1%
- Average commute
- 20 min
Is Ray a good place to live?
Pros: Median household income 22% higher than the Alabama median; home values 34% lower than the state median; an average commute of 20 minutes; a poverty rate of 7.5%.
Cons: Unemployment of 28.9%.
The weather is best in April–May and September–October.
Cost of living in Ray
Housing is the biggest part of the cost of living. In Ray the median home value is $137,500, 59% lower than the U.S. median. Renters pay a median of $1,066 per month. Homeowners with a mortgage pay $841 a month in housing costs.
Ray median household income
The median household income in Ray is $77,951 and the income per person is $31,136. 7.5% of residents live below the poverty line (Alabama: 15.6%).
Housing in Ray: homes for sale and rent
- Housing units
- 263
- Owner-occupied
- 77.6%
- Renter-occupied
- 22.4%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.31
Ray demographics
- Population
- 548
- Median age
- 41.9
- Under 18
- 8.2%
- 65 and older
- 3.1%
- Households
- 237
- Foreign-born
- 0%
- Veterans
- 12.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Ray ›
Education in Ray
18.1% of adults 25 and older in Ray have a bachelor's degree or higher (Alabama: 28.4%), and 12.4% have a graduate or professional degree.
Jobs and commute in Ray
- Unemployment rate
- 28.9%State: 4.7%
- Average commute
- 20 minState: 26 min
- Work from home
- 0%
- Drive alone
- 85.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.8%
Ray vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ray | 548 | $77,951 | $137,500 | $1,066 |
| Nixburg | 256 | $52,621 | — | — |
| Hissop | 206 | $65,592 | — | — |
| Alexander City | 14,606 | $47,022 | $155,000 | $721 |
| Kellyton | 106 | $60,625 | $108,900 | — |
| Rockford | 622 | $43,125 | $93,000 | $615 |
| Hanover | 248 | $108,929 | $9,999 | — |
| Jacksons' Gap | 786 | $32,228 | $114,100 | $736 |
| Goodwater | 1,445 | $39,511 | $58,900 | $650 |
More for people moving to Ray
Ray ZIP code ›Weather and climate ›Living in Ray: FAQ
What is the median household income in Ray, AL?
The median household income in Ray is $77,951, 22% higher than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ray?
The median home value in Ray is $137,500, compared with $209,900 in Alabama.
How much is rent in Ray?
The median gross rent in Ray is $1,066 per month.
Is Ray, AL a good place to live?
Pluses: median household income 22% higher than the Alabama median; home values 34% lower than the state median; an average commute of 20 minutes; a poverty rate of 7.5%. Minuses: unemployment of 28.9%.
What is the median age in Ray?
The median age in Ray is 41.9 years (Alabama: 39.3).
How long is the commute in Ray?
The average commute to work in Ray is 20 minutes; 0% of workers work from home.
What is the unemployment rate in Ray?
The unemployment rate in Ray is 28.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ray?
18.1% of adults in Ray have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: