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The average family unit size in Raymond, ME is 2.68 residential members, with 87.2% being the owner of their very own residences. The average home value is $276799. For people renting, they pay an average of $1084 monthly. 62.5% of families have 2 incomes, and the average domestic income of $76579. Median income is $39137. 5% of inhabitants are living at or beneath the poverty line, and 6.5% are considered disabled. 10.5% of inhabitants are ex-members associated with the armed forces.
The labor force participation rate in Raymond is 71%, with an unemployment rate of 2.1%. For all those in the labor pool, the typical commute time is 34.7 minutes. 17.9% of Raymond’s residents have a graduate diploma, and 25.6% have earned a bachelors degree. For people without a college degree, 33.5% have some college, 21.7% have a high school diploma, and only 1.3% possess an education less than senior school. 3.2% are not included in medical health insurance.