Ray, ND Profile: Facts & Data

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Ray, North Dakota - Basic Facts

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The City of Ray had a population of 758 as of July 1, 2022. Ray ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Dakota. See peer rankings below.

The primary coordinate point for Ray is located at latitude 48.3445 and longitude -103.1652 in Williams County. The formal boundaries for the City of Ray encompass a land area of 1.33 sq. miles and a water area of 0.04 sq. miles. Williams County is in the Central time zone (GMT -6). The elevation is 2,277 feet.

The City of Ray has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Ray 2022 Demographic Data
  2. Growth Rates for Ray (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Dakota Research Tools (Easy Tools & Current Data)
  3. North Dakota Data Comparison Tool - 2022 Demographics
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Ray, ND Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 758 (100%)
Population in Households 743 (98.0%)
Population in Families 596 (78.6%)
Population in Group Quarters1 15 ( 2.0%)
Population Density 574
Diversity Index2 28
 
 

INCOME

Median Household Income $114,221
Average Household Income $143,538
% of Income for Mortgage4 12%
Per Capita Income $53,250
Wealth Index5 189
 

HOUSING

Total HU (Housing Units) 379 (100%)
Owner Occupied HU 253 (66.8%)
Renter Occupied HU 40 (10.6%)
Vacant Housing Units 87 (23.0%)
Median Home Value $267,222
Average Home Value $290,514
Housing Affordability Index3 217
 

HOUSEHOLDS

Total Households 292
Average Household Size 2.54
Family Households 185
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population 1.07% -1.13%
Households 1.40% -0.62%
Families   -0.88%
Median Household Income   2.83%
Per Capita Income   1.98%
Owner Occupied HU   -0.48%

Ray, ND - Peer Comparisons by Rank and Percentile

The table below compares Ray to the other 406 incorporated cities, towns and CDPs in North Dakota by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 74 82nd
Population Density # 125 69th
Median Household Income # 11 98th
Housing Affordability Index # 317 78th
Per Capita Income # 23 95th
Diversity Index # 58 86th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Dakota Census Data Comparison Tool.

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