Wray, CO
Population 2,305 · Colorado
About Wray, CO
Wray is a small town located in Colorado with a population of 2,305 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,318 per year, which is 24% below the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Wray features a median home value of $205,900, which is 16% below the national median of $244,900. This positions Wray in a moderately priced market relative to the rest of the country. Median monthly rent is $909, 22% below the national average of $1,163/month. Of the 1,033 total housing units, 64% are owner-occupied (606 units) and 36% are renter-occupied (342 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wray shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 17.3%, above the national average of 12.4%. Workers in Wray have an average one-way commute time of 9.1 minutes, one of the shorter commutes in the region.
Education & Demographics
24.5% of Wray residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 24.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 13.1% of the population being foreign-born.
Cost of Living in Wray, CO
Compared to national averages, Wray has a median household income of $57,318 (24% below the national median of $75,149). Home values average $205,900, which is 16% below the national median. Monthly rent at $909 is 22% below the US average of $1,163. Within Colorado, Wray's income is 35% below the state average of $88,514, and home values are 55% below the state median of $457,127.
Why Live in Wray, CO?
Wray offers affordable housing with a median home value of $205,900, below the US average of $244,900, and rent that’s lower than the national average at $909/month, and short commute times averaging just 9.1 minutes.
Potential considerations include median household income ($57,318) that falls below the national average. However, Wray’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wray has a population of 2,305 with a median age of 39 years. Compare Wray with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Wray
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center | 2,312 | $50,057 | $115,600 | Compare |
| Aristocrat Ranchettes | 2,335 | $87,604 | $398,300 | Compare |
| Ault | 2,270 | $79,654 | $330,200 | Compare |
| Holyoke | 2,378 | $54,154 | $260,000 | Compare |
| Cedaredge | 2,394 | $41,944 | $240,300 | Compare |
| Granby | 2,195 | $82,321 | $415,700 | Compare |
| Las Animas | 2,480 | $48,917 | $111,500 | Compare |
| Laporte | 2,123 | $67,697 | $373,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wray With Other Cities
Frequently Asked Questions about Wray
What is the population of Wray, CO?
The population of Wray, CO is 2,305 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Wray?
The median household income in Wray, CO is $57,318 per year, which is 24% below the national median of $75,149.
What is the median home value in Wray?
The median home value in Wray, CO is $205,900, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wray?
The median monthly rent in Wray, CO is $909, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Wray?
The unemployment rate in Wray, CO is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wray, CO a good place to live?
Wray offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,305 and a median age of 39, the city appeals to a broad range of residents.
How educated is Wray, CO?
24.5% of residents in Wray aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Wray?
Key cost-of-living indicators for Wray, CO: median home value is $205,900 (16% below national), median rent is $909/month, and median household income is $57,318. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Wray?
The poverty rate in Wray, CO is 17.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Wray, CO?
Wray's population is 24.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.1% two or more races. 13.1% of residents are foreign-born.