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Raymond, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Raymond, Minnesota had a total population of 692, the 433rd largest city in Minnesota, with a median household income of $64,563, which is 28% lower than the state average. The poverty rate is 15.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Raymond Quick Facts

Population 692
Median Household Income $64,563
Median Home Value $158,100
Poverty Rate 15.6%
Unemployment Rate 4.4%
Median Age 38.5 years
Homeownership Rate 66.2%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 17.0%
High School Graduation Rate 87.7%
Diversity Index 27/100
Population 692 433rd of 914
Median Income $64,563 average
Poverty Rate 15.6% 26% higher than national
Median Home Value $158,100 average

How Raymond Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population771692-10.2%
Median household income$62,308$64,563+3.6%
Median home value$146,000$158,100+8.3%

How Raymond Compares

Economy & Housing

Household Income Distribution

Under $25K 14.5%
$25K-$50K 23.5%
$50K-$100K 36.7%
$100K+ 25.4%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
4.2%
$15K-$20K
3.5%
$20K-$25K
3.5%
$25K-$30K
3.2%
$30K-$35K
3.9%
$35K-$40K
4.5%
$40K-$45K
9.0%
$45K-$50K
2.9%
$50K-$60K
6.8%
$60K-$75K
9.7%
$75K-$100K
20.3%
$100K-$125K
13.8%
$125K-$150K
3.5%
$150K-$200K
5.1%
$200K+
2.9%

Employment

4.4% Unemployment Rate State: 4.1%|National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 66.2%
Renter 33.8%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $825/mo 15.3% of median household income annually

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Raymond Rankings in Minnesota

#433 Population of 914
#519 Median Income of 887
#574 Education of 914
#511 Home Value of 870

Other Cities in Kandiyohi County

CityPopulationMedian IncomePovertyHome Value
Willmar 21,378 $62,280 13.1% $198,400
Spicer 1,222 $77,969 7.7% $294,700
Atwater 1,203 $71,042 5.5% $159,900
New London 1,187 $68,421 7.3% $218,800
Prinsburg 651 $107,500 9.5% $197,200
Pennock 549 $72,031 12.2% $153,900
Kandiyohi 493 $73,214 5.5% $161,600
Lake Lillian 157 $60,250 5.9% $114,200
Blomkest 129 $62,083 5.4% $110,700
Sunburg 106 $48,750 17.3% $92,500

Cities Similar to Raymond

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Emily693$68,250$348,80026.9%15.3%
Kimball709$66,146$232,20018.6%11.3%
Deerwood710$62,981$225,00027.0%10.8%
Minnesota Lake687$68,750$158,10021.2%7.0%
Greenbush678$60,333$145,50025.8%6.0%

A note before these figures: with a population of 692, Raymond's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Raymond is a small community located in Minnesota, within Kandiyohi County. The total population is 692. It ranks as the 433rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Raymond is 38.5 years. This is about the same as the state median of 38.8 years. 10.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Raymond is $64,563. This is 28% lower than the state median of $89,062. It is also 20% lower than the national median of $80,734. The poverty rate stands at 15.6%. This is 68% higher than the state poverty rate of 9.3%. The unemployment rate is 4.4%. This is 8% higher than the state rate of 4.1%. The median home value is $158,100. Housing costs are 52% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Raymond is one of the most affordable housing markets in the area. 66.2% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Raymond is White (non-Hispanic), making up 84.8% of the population. Hispanic or Latino residents account for 1.5%. The Hispanic or Latino population (1.5%) is well below the state average of 6.4%. The Asian population (0.6%) is well below the state average of 5.1%.

Education

17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.7%.

Data Sources & Methodology

All demographic data for Raymond, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Raymond, Minnesota?

Raymond, Minnesota has a population of 692 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Raymond, MN?

The median household income in Raymond is $64,563, which is 20% lower than the national median of $80,734.

What is the poverty rate in Raymond, MN?

The poverty rate in Raymond is 15.6%. This means approximately 108 residents live below the federal poverty line.

What is the racial makeup of Raymond, Minnesota?

Raymond's population is 84.8% White, 0.0% Black, 1.5% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Raymond, MN?

The median home value in Raymond is $158,100. The home-value-to-income ratio is 2.4x.

How educated is Raymond, Minnesota?

17.0% of adults (25+) in Raymond hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.