Living in Raymond, Maine
Cost of living, income, home prices, rent and demographics of Raymond · Census data 2020–2024
Raymond has 4,610 residents with a median age of 47.3. The median household income is $88,194 (18% higher than the Maine median), the median home value is $395,800, the median rent is $965/month.
Raymond at a glance
- Population
- 4,610
- Median age
- 47.3State: 44.8
- Median household income
- $88,194State: $74,733
- Median home value
- $395,800State: $296,600
- Median rent
- $965/moState: $1,139
- Homeowners
- 89.7%
- Bachelor's degree or higher
- 49.3%
- Average commute
- 37 min
Is Raymond a good place to live?
Pros: Median household income 18% higher than the Maine median; unemployment of 2.2%; a poverty rate of 5.3%.
Cons: Home values 33% higher than the state median; an average commute of 37 minutes.
The weather is best in June to September.
Cost of living in Raymond
Housing is the biggest part of the cost of living. In Raymond the median home value is $395,800, 19% higher than the U.S. median. Renters pay a median of $965 per month, which is 27.3% of household income. Homeowners with a mortgage pay $1,885 a month in housing costs.
Raymond median household income
The median household income in Raymond is $88,194 and the income per person is $47,143. 5.3% of residents live below the poverty line (Maine: 10.7%).
Housing in Raymond: homes for sale and rent
- Housing units
- 3,053
- Owner-occupied
- 89.7%
- Renter-occupied
- 10.3%
- Vacant
- 36.7%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.34
36.7% of homes are vacant most of the year, a sign that Raymond has many vacation and second homes.
Raymond demographics
- Population
- 4,610
- Median age
- 47.3
- Under 18
- 19.1%
- 65 and older
- 22.2%
- Households
- 1,934
- Foreign-born
- 2.6%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Raymond ›
Education in Raymond
49.3% of adults 25 and older in Raymond have a bachelor's degree or higher (Maine: 36.2%), and 16.3% have a graduate or professional degree.
Jobs and commute in Raymond
- Unemployment rate
- 2.2%State: 3.8%
- Average commute
- 37 minState: 25 min
- Work from home
- 32.3%
- Drive alone
- 56.7%
- Public transit
- 0.8%
- Walk to work
- 2%
- Homes with broadband
- 90.7%
Raymond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raymond | 4,610 | $88,194 | $395,800 | $965 |
| Casco | 3,696 | $69,313 | $355,500 | $1,395 |
| Gray | 8,429 | $95,236 | $363,700 | $1,371 |
| North Windham | 5,417 | $88,522 | $342,800 | $1,248 |
| Naples | 3,985 | $78,188 | $340,100 | $1,941 |
| Sebago | 2,073 | $78,438 | $298,000 | $1,533 |
| New Gloucester | 5,766 | $108,797 | $357,100 | $1,150 |
| Windham | 19,188 | $107,934 | $388,900 | $1,232 |
| Poland | 5,954 | $85,557 | $283,600 | $1,198 |
More for people moving to Raymond
Raymond ZIP code ›Weather and climate ›Living in Raymond: FAQ
What is the median household income in Raymond, ME?
The median household income in Raymond is $88,194, 18% higher than the Maine median of $74,733 (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 $395,800, compared with $296,600 in Maine.
How much is rent in Raymond?
The median gross rent in Raymond is $965 per month, about 27.3% of household income.
Is Raymond, ME a good place to live?
Pluses: median household income 18% higher than the Maine median; unemployment of 2.2%; a poverty rate of 5.3%. Minuses: home values 33% higher than the state median; an average commute of 37 minutes.
What is the median age in Raymond?
The median age in Raymond is 47.3 years (Maine: 44.8).
How long is the commute in Raymond?
The average commute to work in Raymond is 37 minutes; 32.3% 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?
49.3% 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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