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Ray County Housing Market

Missouri · 115 counties · Ranked #1757 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$187,400

vs national$187,400 vs $281,900 national

Median Gross Rent

$808/mo

vs national$808 vs $1,163 national

Effective Tax Rate

0.82%

vs national0.82% vs 1.02% national

Median Household Income

$72,152

vs national$72,152 vs $74,755 national

Affordability Ratio

2.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,533

Tax as % of Home Value

0.82%

Monthly Owner Cost

$889

Renter Income

$38,709

Frequently Asked Questions

What is the median home value in Ray County?
The median home value in Ray County is $187,400. This is below the national median of $281,900.
How much is rent in Ray County?
The median gross rent in Ray County is $808 per month.
What is the property tax rate in Ray County?
The effective property tax rate in Ray County is 0.82%. The median annual property tax bill is $1,533.
Is Ray County affordable?
With a home-value-to-income ratio of 2.6x, Ray County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.