Income & Economy in Raymond, SD

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

Income Overview

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

Median Household Income

$47,500

-35% vs national

Per Capita Income

$19,322

-48% vs national

Poverty Rate

13.7%

+1% vs national

Gini Index

0.3405

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

12.5%

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 $47,500.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
18.8%
$25-50K
31.3%
$50-75K
31.3%
$75-100K
18.8%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs SD avg

Labor Force

9

Employed

9

Mean Commute

41 min

Education & Workforce

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

Bachelor's Degree+

11.8%

of adults 25+

High School Diploma+

29.4%

of adults 25+

Median Age

46.5

Work from Home

0.0%

of workers

The median household income in Raymond, SD is $47,500, which is 35.1% below the national average of $73,224. Per capita income is $19,322. The poverty rate of 13.7% is lower than the SD state average of 14.8%. The Gini index of income inequality is 0.3405, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.9%. 11.8% of adults hold a bachelor's degree or higher. The average commute time is 41 minutes, with 0.0% working from home.