Living in Raymond, Iowa

Cost of living, income, home prices, rent and demographics of Raymond · Census data 2020–2024

Raymond has 899 residents with a median age of 42.9. The median household income is $76,711 (about the same as the Iowa median), the median home value is $222,600, the median rent is $1,125/month.

Raymond is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Raymond at a glance

Population
899
Median age
42.9State: 38.6
Median household income
$76,711State: $75,059
Median home value
$222,600State: $208,000
Median rent
$1,125/moState: $972
Homeowners
93.5%
Bachelor's degree or higher
19%
Average commute
24 min

Is Raymond a good place to live?

Pros: Median household income about the same as the Iowa median; a poverty rate of 4.3%.

Cons: Home values 7% higher than the state median; an average commute of 24 minutes; unemployment of 5%.

The weather is best in May and July to September.

Cost of living in Raymond

Housing is the biggest part of the cost of living. In Raymond the median home value is $222,600, 33% lower than the U.S. median. Renters pay a median of $1,125 per month, which is 42.1% of household income. Homeowners with a mortgage pay $1,667 a month in housing costs.

Median home value

Raymond$222,600
Iowa$208,000
United States$332,700

Median monthly rent

Raymond$1,125
Iowa$972
United States$1,413

Raymond median household income

The median household income in Raymond is $76,711 and the income per person is $35,324. 4.3% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Raymond$76,711
Iowa$75,059
United States$80,734

Housing in Raymond: homes for sale and rent

Housing units
349
Owner-occupied
93.5%
Renter-occupied
6.5%
Vacant
3.7%Includes seasonal homes
Median year built
1974
Average household size
2.68

Raymond demographics

Population
899
Median age
42.9
Under 18
26.9%
65 and older
17.5%
Households
336
Foreign-born
0.8%
Veterans
9.4%Adults 18+

Race and ethnicity

White97.7%
Hispanic or Latino2.9%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Raymond ›

Education in Raymond

19% of adults 25 and older in Raymond have a bachelor's degree or higher (Iowa: 31.4%), and 2.7% have a graduate or professional degree.

Bachelor's degree or higher

Raymond19%
Iowa31.4%
United States35.7%

Jobs and commute in Raymond

Unemployment rate
5%State: 3.6%
Average commute
24 minState: 20 min
Work from home
7.7%
Drive alone
79.4%
Public transit
0%
Walk to work
0.5%
Homes with broadband
93.2%

Raymond vs nearby towns

TownPopulationMedian incomeHome valueRent
Raymond899$76,711$222,600$1,125
Elk Run Heights964$76,500$171,200$1,125
Evansdale4,518$60,397$150,300$979
Gilbertville761$79,583$197,400$643
Washburn714$61,406$142,300$985
Waterloo67,008$57,480$152,600$923
Dunkerton821$86,413$189,700$514
Jesup2,561$89,408$190,200$933
La Porte City2,071$70,500$163,200$955

More for people moving to Raymond

Raymond ZIP code ›Weather and climate ›

Living in Raymond: FAQ

What is the median household income in Raymond, IA?

The median household income in Raymond is $76,711, about the same as the Iowa median of $75,059 (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 $222,600, compared with $208,000 in Iowa.

How much is rent in Raymond?

The median gross rent in Raymond is $1,125 per month, about 42.1% of household income.

Is Raymond, IA a good place to live?

Pluses: median household income about the same as the Iowa median; a poverty rate of 4.3%. Minuses: home values 7% higher than the state median; an average commute of 24 minutes; unemployment of 5%.

What is the median age in Raymond?

The median age in Raymond is 42.9 years (Iowa: 38.6).

How long is the commute in Raymond?

The average commute to work in Raymond is 24 minutes; 7.7% of workers work from home.

What is the unemployment rate in Raymond?

The unemployment rate in Raymond is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Raymond?

19% 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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