Raymore, MO
Population 23,849 · Missouri
About Raymore, MO
Raymore is a mid-sized city located in Missouri with a population of 23,849 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,158 per year, which is 37% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Raymore features a median home value of $318,000, which is 30% above the national median of $244,900. This positions Raymore in a moderately priced market relative to the rest of the country. Median monthly rent is $1,283, 10% above the national average of $1,163/month. Of the 9,181 total housing units, 78% are owner-occupied (6,995 units) and 22% are renter-occupied (1,949 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Raymore shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Raymore have an average one-way commute time of 26.4 minutes.
Education & Demographics
37.0% of Raymore 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 2.3% White, 1.1% Hispanic or Latino, 0.5% Black or African American, and 3.9% Asian residents, with 2.2% of the population being foreign-born.
How Raymore Ranks in Missouri
Cost of Living in Raymore, MO
Compared to national averages, Raymore has a median household income of $103,158 (37% above the national median of $75,149). Home values average $318,000, which is 30% above the national median. Monthly rent at $1,283 is 10% above the US average of $1,163. Within Missouri, Raymore's income is 69% above the state average of $61,047, and home values are 111% above the state median of $150,786.
Why Live in Raymore, MO?
Raymore offers a strong local economy with a median household income of $103,158, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 37.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.5%, better than the national average.
Raymore has a population of 23,849 with a median age of 40.1 years. Compare Raymore with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Raymore
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Webster Groves | 23,771 | $110,716 | $371,400 | Compare |
| Nixa | 24,131 | $80,491 | $238,300 | Compare |
| Belton | 24,618 | $70,525 | $185,400 | Compare |
| Hazelwood | 25,214 | $55,930 | $154,900 | Compare |
| Ozark | 21,953 | $69,372 | $230,600 | Compare |
| Grandview | 25,821 | $53,431 | $171,200 | Compare |
| Sedalia | 21,869 | $50,668 | $136,500 | Compare |
| Old Jamestown | 21,121 | $107,250 | $230,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Raymore With Other Cities
Frequently Asked Questions about Raymore
What is the population of Raymore, MO?
The population of Raymore, MO is 23,849 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Missouri.
What is the median household income in Raymore?
The median household income in Raymore, MO is $103,158 per year, which is 37% above the national median of $75,149.
What is the median home value in Raymore?
The median home value in Raymore, MO is $318,000, which is 30% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Raymore?
The median monthly rent in Raymore, MO is $1,283, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Raymore?
The unemployment rate in Raymore, MO is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Raymore, MO a good place to live?
Raymore offers above-average incomes, a competitive housing market, and a strong job market. With a population of 23,849 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Raymore, MO?
37.0% of residents in Raymore aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Raymore?
Key cost-of-living indicators for Raymore, MO: median home value is $318,000 (30% above national), median rent is $1,283/month, and median household income is $103,158. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Raymore?
The poverty rate in Raymore, MO is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Raymore, MO?
Raymore's population is 2.3% White, 1.1% Hispanic or Latino, 0.5% Black or African American, 3.9% Asian, and 8.4% two or more races. 2.2% of residents are foreign-born.