Ray, MI 48096 has a population of approximately 3,977 and experiences a population change rate of 1.87%. The population density is 108.7 / sq mi .
Ray, MI 48096 has a population of approximately 3,977 and experiences a population change rate of 1.87%. The population density is 108.7 / sq mi .
The median household income for Ray, MI 48096 is $109,250, with 1,612 households and an average household size of 2.34.
The median value of a home in Ray, MI 48096 is $353,700 with an appreciation rate of 10.80%. 79.25% of housing in the state is owned while 16.02% is rented.
The cost of living in Ray, MI 48096 is 120.2 %.
The unemployment rate in Ray, MI 48096 is 2.00%, and recent job growth is at 0.86%. Future job growth is projected at 45.54%.
The sales tax rate in Ray, MI 48096 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Ray, MI 48096 are $13,444, and the school ratio is 17.6:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 33.6 inches per year, with 32.1 inches of snow per year.