Raymond, MN
Population 771 · Minnesota
About Raymond, MN
Raymond is a small community in Minnesota with a population of 771 residents. The median household income is $62,308 per year, which is near the national average. The median age in Raymond is 34.6 years.
Housing in Raymond has a median home value of $146,000 and median monthly rent of $959. Of the 349 total housing units, the majority are owner-occupied, with 217 owner-occupied and 103 renter-occupied units.
The unemployment rate in Raymond is 5.1% and the poverty rate is 18.1%. 19.0% of residents hold a bachelor's degree or higher. The average commute time is 21.4 minutes.
Cost of Living in Raymond, MN
Compared to national averages, Raymond has a median household income of $62,308 (17% below the national median of $75,149). Home values average $146,000, which is 40% below the national median. Monthly rent at $959 is 18% below the US average of $1,163. Within Minnesota, Raymond's income is 16% below the state average of $74,221, and home values are 29% below the state median of $204,472.
Why Live in Raymond, MN?
Raymond offers affordable housing with a median home value of $146,000, below the US average of $244,900, and rent that’s lower than the national average at $959/month, and short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($62,308) 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 771 with a median age of 34.6 years. Compare Raymond with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Raymond
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Holdingford | 771 | $78,750 | $172,600 | Compare |
| Adams | 764 | $85,000 | $160,400 | Compare |
| Fertile | 782 | $64,444 | $118,400 | Compare |
| Belgrade | 757 | $48,977 | $143,900 | Compare |
| St. Clair | 785 | $101,375 | $200,800 | Compare |
| West Concord | 753 | $81,111 | $154,300 | Compare |
| Le Roy | 790 | $51,250 | $106,400 | Compare |
| Lilydale | 752 | $93,393 | $389,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Raymond, MN is 771 according to the latest Census data.
What is the median household income in Raymond?
The median household income in Raymond, MN is $62,308 per year.
What is the median home value in Raymond?
The median home value in Raymond, MN is $146,000.
What is the average rent in Raymond?
The median monthly rent in Raymond, MN is $959.
What is the unemployment rate in Raymond?
The unemployment rate in Raymond, MN is 5.1%.