Ray County, Missouri
Income Data
At a Glance
How Ray County Compares
Detailed Income Statistics
Data Story
About Household Income in Ray County, Missouri
Ray County earns above the national average
Ray County's median household income of $72,152 sits just $2,603 below the national median of $74,755, placing it in the upper-middle tier nationally. This strong performance reflects a county where earnings keep pace with most of America, despite serving a smaller, rural population.
Top 20% of Missouri counties by income
Ray County ranks among Missouri's highest-earning counties with a median household income of $72,152—21% above the state average of $59,503. This positions it as one of the economic engines in a state where most counties cluster around $55,000 to $60,000 annually.
Ray leads regional peer group handily
At $72,152, Ray County's median income significantly outpaces nearby counties like Scott ($58,847), Saline ($56,566), and Schuyler ($56,023). Ray's strong economic position suggests robust employer diversity or higher-wage sectors anchoring the county's workforce.
Housing costs are very manageable here
With a rent-to-income ratio of just 13.4%, Ray County residents enjoy one of the state's most affordable housing markets relative to earnings. A median home value of $187,400 paired with strong incomes means housing costs consume less than the national benchmark of 15%.
Your earnings position you for wealth-building
Ray County's above-average income and favorable housing costs create room in household budgets for savings, investment, and retirement planning. With per capita income at $38,179, residents here have the earnings foundation to pursue long-term financial goals like homeownership, education, and diversified investing.
Frequently Asked Questions
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Your income is above the Ray County median
County median: $72,152 per year
vs. County Median
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vs. State Average
+21%
vs. National Median
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Income Adequacy
Your monthly income ($6,013) vs. median rent ($808/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.