Ray, ND Real Estate
According to census data in the year 2000 there were 281 housing units in Ray.
This represents a 11.1% decline from 316 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.
Homeownership rate in Ray is about 88.5%.
Ray's vacancy rate, including seasonal lodging, is about 16.4%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Ray were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.70% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 28.80% |
| Four Bedrooms | 27.80% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $38,300 |
| Median Price asked for vacant units | $13,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 30.20% |
| Debt Free | 66.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 10.5% |
