Income & Economy in Raymond, IA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$62,813

-14% vs national

Per Capita Income

$33,393

-10% vs national

Poverty Rate

2.6%

-81% vs national

Gini Index

0.3463

0 = perfect equality

Unemployment

6.5%

+24% vs national

SNAP Recipients

1.6%

of households

How Raymond Compares

Source: Census ACS (2023)

Raymond vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Raymond is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Raymond. The median household income here is $62,813.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.3%
$25-50K
21.1%
$50-75K
30.2%
$75-100K
12.9%
$100-150K
16.0%
$150-200K
10.7%
$200K+
2.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

6.5%

+80% vs IA avg

Labor Force

417

Employed

390

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

10.9%

of adults 25+

High School Diploma+

40.5%

of adults 25+

Median Age

43.9

Work from Home

6.8%

of workers

The median household income in Raymond, IA is $62,813, which is 14.2% below the national average of $73,224. Per capita income is $33,393. The poverty rate of 2.6% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.3463, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.5%, compared to the state average of 3.6%. 10.9% of adults hold a bachelor's degree or higher.