Living in Raymond, Illinois
Cost of living, income, home prices, rent and demographics of Raymond · Census data 2020–2024
Raymond has 1,030 residents with a median age of 35.6. The median household income is $66,591 (20% lower than the Illinois median), the median home value is $108,200, the median rent is $924/month.
Raymond is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Raymond at a glance
- Population
- 1,030
- Median age
- 35.6State: 39
- Median household income
- $66,591State: $83,390
- Median home value
- $108,200State: $263,300
- Median rent
- $924/moState: $1,274
- Homeowners
- 77.3%
- Bachelor's degree or higher
- 21%
- Average commute
- 23 min
Is Raymond a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 23 minutes; unemployment of 2.2%.
Cons: Median household income 20% lower than the Illinois median; a poverty rate of 23.2%.
The weather is best in May–June and August–September.
Cost of living in Raymond
Housing is the biggest part of the cost of living. In Raymond the median home value is $108,200, 67% lower than the U.S. median. Renters pay a median of $924 per month, which is 30.4% of household income. Homeowners with a mortgage pay $1,179 a month in housing costs.
Raymond median household income
The median household income in Raymond is $66,591 and the income per person is $33,962. 23.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Raymond: homes for sale and rent
- Housing units
- 430
- Owner-occupied
- 77.3%
- Renter-occupied
- 22.7%
- Vacant
- 5.6%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.54
Raymond demographics
- Population
- 1,030
- Median age
- 35.6
- Under 18
- 27.2%
- 65 and older
- 14.7%
- Households
- 406
- Foreign-born
- 1.5%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Raymond ›
Education in Raymond
21% of adults 25 and older in Raymond have a bachelor's degree or higher (Illinois: 37.8%), and 5.4% have a graduate or professional degree.
Jobs and commute in Raymond
- Unemployment rate
- 2.2%State: 5.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 7.5%
- Drive alone
- 84.1%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 90.1%
Raymond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raymond | 1,030 | $66,591 | $108,200 | $924 |
| Harvel | 201 | $61,250 | $55,000 | $759 |
| Waggoner | 169 | $70,417 | $37,500 | $650 |
| Butler | 194 | $51,927 | $83,200 | — |
| Farmersville | 763 | $63,750 | $116,900 | $764 |
| Morrisonville | 926 | $71,597 | $95,800 | $796 |
| Litchfield | 6,834 | $53,958 | $104,200 | $675 |
| Standard City | 182 | $49,333 | $70,000 | — |
| Hillsboro | 5,803 | $50,158 | $111,700 | $715 |
More for people moving to Raymond
Raymond ZIP code ›Weather and climate ›Living in Raymond: FAQ
What is the median household income in Raymond, IL?
The median household income in Raymond is $66,591, 20% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Raymond?
The median home value in Raymond is $108,200, compared with $263,300 in Illinois.
How much is rent in Raymond?
The median gross rent in Raymond is $924 per month, about 30.4% of household income.
Is Raymond, IL a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 23 minutes; unemployment of 2.2%. Minuses: median household income 20% lower than the Illinois median; a poverty rate of 23.2%.
What is the median age in Raymond?
The median age in Raymond is 35.6 years (Illinois: 39).
How long is the commute in Raymond?
The average commute to work in Raymond is 23 minutes; 7.5% of workers work from home.
What is the unemployment rate in Raymond?
The unemployment rate in Raymond is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raymond?
21% of adults in Raymond 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.
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