What is the median household income in Ray, ND?
The median household income in Ray, ND is $72,031 (±$20,408) a year (2020–2024 American Community Survey).
Paying the median gross rent of $988 a month would take about $39,500 a year at the common guideline of spending no more than 30% of income on rent.
In Ray, the median household income went from $52,147 in 2015–2019 to $72,031 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $72,031 (±$20,408)
- Income to afford median rent
- about $39,500
Income in Ray against Williams County, its state and the nation
| Ray | Williams County | North Dakota | United States | |
|---|---|---|---|---|
| Median household income | $72,031 (±$20,408) | $85,595 (±$6,424) | $76,657 (±$1,163) | $80,734 |
| Median renter household income | — | $58,914 (±$4,633) | $48,236 (±$1,347) | $52,966 |
| Median owner household income | $74,688 (±$38,190) | $116,083 (±$19,019) | $100,032 (±$1,209) | $100,009 |
| Median gross rent | $988 (±$177) | $1,123 (±$56) | $954 (±$11) | $1,413 |
In Ray, median household income is not measurably different from Williams County ($85,595).
It is not measurably different from North Dakota ($76,657).
It is not measurably different from the national figure ($80,734).
In Williams County, Ray ranks 19 of 24 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 586 of 853.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Ray
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $988 a month ($11,856 a year) needs an income of about $39,500 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $52,147 (±$25,479) | $72,031 (±$20,408) | +38.1% | No measurable change after inflation |
| Median gross rent | $688 (±$143) | $988 (±$177) | +43.6% | No measurable change after inflation |
| Median home value | $145,100 (±$58,866) | $227,600 (±$39,937) | +56.9% | No measurable change 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.
Median household income in places near Ray
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ray | — | $72,031 (±$20,408) | — |
| West Bank Township | 7.0 mi | $132,813 (±$58,256) | Not measurably different |
| Epping | 9.3 mi | $67,174 (±$10,718) | Not measurably different |
| Farmvale Township | 9.9 mi | $250,000 or more | — |
| Tioga | 11 mi | $66,181 (±$23,136) | Not measurably different |
| Tioga Township | 11 mi | $66,406 (±$33,017) | Not measurably different |
| Pleasant Valley Township | 13 mi | $100,250 (±$82,918) | Not measurably different |
| Springbrook Township | 13 mi | $182,143 (±$80,557) | Higher |
Nearby places with a measurably higher figure: Springbrook Township, ND ($182,143).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Williams County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 13 | Climax Township | $103,602 (±$689) |
| 14 | Scorio Township | $103,594 (±$2,170) |
| 15 | Pleasant Valley Township | $100,250 (±$82,918) |
| 16 | Stony Creek Township | $100,192 (±$34,656) |
| 17 | Wildrose | $95,536 (±$23,201) |
| 18 | Williston | $79,381 (±$9,437) |
| 19 | Ray | $72,031 (±$20,408) |
| 20 | Hardscrabble Township | $71,250 (±$14,284) |
| 21 | Epping | $67,174 (±$10,718) |
| 22 | Tioga Township | $66,406 (±$33,017) |
| 23 | Tioga | $66,181 (±$23,136) |
| 24 | Alamo | $58,333 (±$47,889) |
Showing 12 of 24 places in Williams County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Ray
What is the median household income in Ray?
The median household income in Ray is $72,031 (±$20,408) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ray?
About $39,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $988 a month.
Have incomes in Ray kept up with inflation?
In Ray, the median household income went from $52,147 in 2015–2019 to $72,031 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ray city, North Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ray city, North Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ray city, North Dakota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ray city, North Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ray city, North Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ray city, North Dakota
- 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) and detailed tables (acs/acs5) for Ray city, North Dakota (place:65580, in state:38).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 at a glance
- Median rent in Ray
- Renters and owners in Ray
- Home values in Ray
- Homeowner costs in Ray
- Property taxes in Ray
- Types of homes in Ray
- Bedrooms in Ray
- Age of homes in Ray
- Heating fuel in Ray
- Commute and cars in Ray
- How long people stay in Ray
- North Dakota landlord and tenant rules
- Housing across Williams County
- North Dakota places ranked by median household income
- Housing data for every place in North Dakota