Is Ray Township (Franklin County), IN growing?
Ray Township (Franklin County), IN had an estimated 4,372 (±17) residents in 2020–2024, against 4,021 in 2015–2019.
That is a change of +8.7%, a measurable increase.
Its housing went from 1,571 to 1,519 homes (−3.3%), not a measurable change.
4.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 4,372 (±17)
- Amount of change
- +8.7%
- Homes change
- −3.3%
- Built 2020 or later
- 4.0%
Residents and homes in Ray Township (Franklin County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,021 (±19) | 4,372 (±17) | +8.7% | Measurable increase |
| Housing units | 1,571 (±106) | 1,519 (±117) | −3.3% | Not a measurable change |
| Households that rent | 12.5% (±4.2 points) | 13.9% (±4.6 points) | +1.4 percentage points | Not a measurable change |
| Median gross rent | $780 (±$44) | $962 (±$107) | +23.3% | No measurable change after inflation |
| Median home value | $193,000 (±$19,946) | $290,200 (±$22,151) | +50.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Ray Township (Franklin County) against Franklin County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Ray Township (Franklin County) | +8.7% | Measurable increase | −3.3% |
| Franklin County | +1.1% | Measurable increase | +0.3% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Ray Township (Franklin County)
| Year built | Ray Township (Franklin County) | Franklin County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 4.0% (±2.4 points) | 1.5% | 1.7% | 2.0% |
| 2010 to 2019 | 6.7% (±3.9 points) | 7.3% | 8.0% | 9.4% |
| 2000 to 2009 | 12.4% (±4.2 points) | 11.7% | 12.3% | 13.6% |
10.7% of the homes in Ray Township (Franklin County) were built in 2010 or later.
The median age of residents is 41.3 years.
Growth in places near Ray Township (Franklin County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Ray Township (Franklin County) | — | 4,372 | +8.7% | Measurable increase |
| Oldenburg | 1.2 mi | 770 | +68.1% | Measurable increase |
| Batesville | 2.3 mi | 7,282 | +9.5% | Not a measurable change |
| Butler Township (Franklin County) | 5.0 mi | 1,493 | +11.9% | Not a measurable change |
| Salt Creek Township (Franklin County) | 5.3 mi | 1,030 | +0.2% | Not a measurable change |
| Laughery Township | 5.6 mi | 5,105 | +8.2% | Measurable increase |
| New Point | 5.7 mi | 201 | −46.0% | Measurable decrease |
| Adams Township (Ripley County) | 6.3 mi | 5,192 | +2.6% | Measurable increase |
| Saltcreek Township | 6.4 mi | 1,029 | −14.2% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Ray Township (Franklin County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Ray Township (Franklin County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Ray Township (Franklin County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Ray Township (Franklin County), and send estimates and invoices from your phone.
Questions about Ray Township (Franklin County)
Is Ray Township (Franklin County) growing?
Ray Township (Franklin County), IN had an estimated 4,372 residents in 2020–2024 and 4,021 in 2015–2019, a change of +8.7%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Ray Township (Franklin County)?
The estimated number of housing units went from 1,571 in 2015–2019 to 1,519 in 2020–2024 (−3.3%), not a measurable change.
How much new construction is there in Ray Township (Franklin County)?
4.0% of homes in Ray Township (Franklin County) were built in 2020 or later and 6.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ray township, Franklin County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Ray township, Franklin County, Indiana (county subdivision:63126, in state:18 county:047).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Ray Township (Franklin County) at a glance
- Median rent in Ray Township (Franklin County)
- Rent burden in Ray Township (Franklin County)
- Renters and owners in Ray Township (Franklin County)
- Income and affordability in Ray Township (Franklin County)
- Home values in Ray Township (Franklin County)
- Homeowner costs in Ray Township (Franklin County)
- Property taxes in Ray Township (Franklin County)
- Types of homes in Ray Township (Franklin County)
- Bedrooms in Ray Township (Franklin County)
- Age of homes in Ray Township (Franklin County)
- Heating fuel in Ray Township (Franklin County)
- Commute and cars in Ray Township (Franklin County)
- How long people stay in Ray Township (Franklin County)
- Indiana landlord and tenant rules
- Housing across Franklin County
- Housing data for every place in Indiana