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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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents