MN area data
Ray, MN
Ray, MN.
Population: 264 (Census ACS)
Home values & appreciation
- Median home value
- $268,302
- 1-year appreciation
- +4.9%
- 3-year appreciation
- -2.2%
- 5-year appreciation
- +14.8%
- 10-year appreciation
- +48.6%
- All-time peak (2023-07)
- $274,430
- House Price Index
- 429.3 (+3.3% YoY)
Affordability
- Cost of living index (Below Average)
- 90.0 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- coldWave
Climate (30-year normals)
- Average annual temperature
- 37.0°F
- Average high
- 49.0°F
- Average low
- 25.0°F
- Annual precipitation
- 29.7 in
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Voyageurs National Park (23 mi)
- Nearest airport
- Falls International Airport (INL) (13 mi)
- Nearest major airport
- Falls International Airport (INL) (13 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Migration
- Net migration
- +14 tax filers
Housing stock
- Median year housing built
- 1,982
- Median annual property tax
- $1,212
- Households with broadband internet
- 51.8%
Employment & development
- Total county employment
- 3,470
- Average weekly wage
- $1,061
- Top industries (by employment)
- Accommodation & Food, Construction, Administrative Services
- Annual residential building permits (county)
- 27
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →