Raymond, IL
Population 1,065 · Illinois
About Raymond, IL
Raymond is a small community in Illinois with a population of 1,065 residents. The median household income is $64,063 per year, which is near the national average. The median age in Raymond is 35.9 years.
Housing in Raymond has a median home value of $96,600 and median monthly rent of $833. Of the 443 total housing units, the majority are owner-occupied, with 317 owner-occupied and 104 renter-occupied units.
The unemployment rate in Raymond is 2.8% and the poverty rate is 21.0%. 20.4% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
Cost of Living in Raymond, IL
Compared to national averages, Raymond has a median household income of $64,063 (15% below the national median of $75,149). Home values average $96,600, which is 61% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Illinois, Raymond's income is 15% below the state average of $75,072, and home values are 42% below the state median of $165,779.
Why Live in Raymond, IL?
Raymond offers affordable housing with a median home value of $96,600, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a strong job market with an unemployment rate of just 2.8%.
Potential considerations include median household income ($64,063) that falls below the national average. However, Raymond’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Raymond has a population of 1,065 with a median age of 35.9 years. Compare Raymond with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Raymond
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cobden | 1,064 | $42,250 | $106,400 | Compare |
| St. Anne | 1,070 | $71,574 | $129,500 | Compare |
| Andalusia | 1,073 | $72,589 | $150,200 | Compare |
| Colchester | 1,057 | $62,500 | $86,500 | Compare |
| Royalton | 1,076 | $49,625 | $51,900 | Compare |
| Warrensburg | 1,076 | $88,897 | $141,100 | Compare |
| Grandview | 1,077 | $48,906 | $72,900 | Compare |
| Wayne City | 1,050 | $58,208 | $108,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Raymond
What is the population of Raymond, IL?
The population of Raymond, IL is 1,065 according to the latest Census data.
What is the median household income in Raymond?
The median household income in Raymond, IL is $64,063 per year.
What is the median home value in Raymond?
The median home value in Raymond, IL is $96,600.
What is the average rent in Raymond?
The median monthly rent in Raymond, IL is $833.
What is the unemployment rate in Raymond?
The unemployment rate in Raymond, IL is 2.8%.