Cost of Living in Raymond, WI

Population 3,928 · Wisconsin · Data vintage 2023

118
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Raymond a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $360,000. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.

Located 20 miles south of Milwaukee, Raymond falls within that metro's commuting orbit. Median home values run roughly 109% higher than Milwaukee's $172,000.

Cost Overview

Housing 118

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Raymond

The median home value in Raymond is $360,000 — 18% above the national median of $305,000. The median household income of $106,696/year is 43% higher than the US median of $74,580. The local unemployment rate is 1.9%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 56.7°F and lows of 40.1°F. Overall, Raymond has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.

🏠 Housing

Median Home Value
$360,000
18% above avg
Zillow Home Value
$245,593
Zillow ZHVI
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 94.1%
Renter-occupied 5.9%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
77.2%
Carpooled
5.1%
Walked
0.7%
Bicycle
0.3%
Work from home
16.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$106,696
43% above avg
Per Capita Income
$54,345
Unemployment Rate
1.9%
61% below avg
Poverty Rate
4.9%
Labor Force Participation
61.3%

🎓 Education

Bachelor's degree+ 22.2%
Graduate degree 10.2%

👥 Demographics

Median Age 50.1
Male median age 49
Female median age 51.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.7°F
Avg Low
40.1°F
Annual Precip
31.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313443546676818073614736
Low °F 161928374657636355433222
Precip" 1.251.102.073.703.493.992.883.353.232.932.181.60

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
68%
Good air days/yr
200
Max AQI recorded
0
PM2.5 days
203
Ozone days

Frequently Asked Questions

What is the cost of living in Raymond, WI?

Raymond has a cost index of 118 (100 = national average). It is 18% above the national average.

What is the average home price in Raymond?

The median home value in Raymond is $360,000 according to Zillow and Census data.

What is the median income in Raymond?

The median household income in Raymond is $106,696 per year (2023 ACS 5-year estimates).

What is the sales tax in Raymond, WI?

The combined state and local sales tax rate in Raymond is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Raymond, WI affordable?

Raymond is above average in cost of living, with an index of 118 — about 18% higher than the national average.

What is the weather like in Raymond?

Raymond has average high temperatures of 56.7°F and average lows of 40.1°F. Annual precipitation is 31.8". Data from NOAA 1991–2020 Climate Normals.

Raymond at a Glance

Population
3,928
Median Income
$106,696
Home Value
$360,000
Unemployment
1.9%
Avg High Temp
56.7°F
Sales Tax
5.4%
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🗺️ County data for Wisconsin

Explore county-level cost of living data

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