ExecutivePulse
Official Federal Data

Ray County, Missouri

FIPS 29177 · Kansas City, MO-KS · Population 23,145
9 Sources Updated June 22, 2026
$74,573
Median Income
$80,734 national
4.2%
Unemployment
4% national
$651M
GDP
16.2%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$74,573
Per Capita
$38,510
Mean Household
$92,339
Poverty Rate
12.6%
Median Income Comparison
Ray County$74,573
Missouri$70,702
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 19.3% (4,468 residents) 55-64: 15.3% (3,546 residents) 35-54: 24% (5,558 residents) 18-34: 18.6% (4,302 residents) Under 18: 22.8% (5,271 residents) 42 Median Age
Cohorts
Under 18 · 22.8%
18-34 · 18.6%
35-54 · 24%
55-64 · 15.3%
65+ · 19.3%
Race & Ethnicity
White92.6%
Black or African American0.8%
Asian0.3%
Hispanic or Latino(any race)2.9%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.7%
High School+
National: 89.6%
▲ +0.1 pts
16.2%
Bachelor's+
National: 35.7%
▼ 19.5 pts
4.9%
Graduate+
National: 14.1%
▼ 9.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
23,145
Population
11,233
Labor Force
Employed
10,844
Unemployment Rate BLS LAUS 2025 annual
4.2% ▲ +0.5 pts YoY
Mean Commute 8 min above national avg
34.3 min
Work From Home vs 15.1% national
10.6%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 19.5 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 42 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$651M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Ray County, Missouri, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
582 26.4%
$31,381
2Manufacturing
450 20.4%
$73,059
3Accommodation and Food Services
342 15.5%
$18,935
4Other Services (except Public Administration)
195 8.9%
$41,988
5Construction
169 7.7%
$59,388
6Transportation and Warehousing
117 5.3%
$48,712
7Finance and Insurance
115 5.2%
$76,534
8Professional, Scientific, and Technical Services
108 4.9%
$69,217
9Arts, Entertainment, and Recreation
64 2.9%
$16,534
10Wholesale Trade
61 2.8%
$62,561
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Key Takeaways
  • Largest sector: Retail Trade employs 582 workers (26.4% of tracked sectors), at an average wage of $31,381.
  • Economic scale: Regional GDP of $651M (2024).
  • Wage stratification: Finance and Insurance averages $76,534 while Arts, Entertainment, and Recreation averages $16,534, a 4.6x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
General Merchandise Retailers
3.93x
329
Crop Production
3.43x
47
Gasoline Stations and Fuel Dealers
3.43x
93
Animal Production and Aquaculture
3.00x
21
Chemical Manufacturing
2.68x
62
Repair and Maintenance
1.64x
62

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
422
Cluster Employment
3.93x
Peak LQ
Concentrated Sub-Sectors
General Merchandise Retailers
3.93x 329
Crop Production
3.43x 47
Gasoline Stations and Fuel Dealers
3.43x 93
Animal Production and Aquaculture
3.00x 21
Chemical Manufacturing
2.68x 62
Repair and Maintenance
1.64x 62

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.39x
Professional, Scientific, and Technical Services
108 employed
Key Takeaways
  • Top specialization: General Merchandise Retailers concentrates at 3.93x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
  • Cluster depth: 6 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 6 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Ray County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$198,800
Median Home Value vs 2019
$782
Rent/Mo
77.3%
Owner-Occ
8.2%
Vacancy
2.7x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,095/mo
1 Bedroom
$1,197/mo
2 Bedroom
$1,358/mo
3 Bedroom
$1,769/mo
4 Bedroom
$2,103/mo
30% of monthly median household income (~$1,864/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.7x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 77.3% owner-occupied; rental supply may be tight for incoming workers.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,864/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
13,406
Working Age (18-64) vs 2019
Mean Commute 8 min above national avg
34.3 min
Work From Home vs 15.1% national
10.6%
Prime-Age Employed (25-54)
79%
of prime-age population
Labor force participation rate: 62.8% of working-age population (18-64) 63% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
16.2%
HS Diploma+
89.7%
Regional / Statewide Institutions
Total credentials awarded
31,975/yr
University of Missouri-Columbia 9,503/yr
Washington University in St Louis 6,224/yr
Missouri State University-Springfield 5,730/yr
Metropolitan Community College-Kansas City 3,677/yr
University of Missouri-Kansas City 3,445/yr
Saint Louis University 3,396/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
26.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
28.2%
Service
13.1%
Sales & Office
21.7%
Construction / Maint.
12.2%
Production / Transport
24.8%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 10,844 employed workers.
Key Takeaways
  • Succession risk is real: 26.5% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 21,457 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Ray County shows meaningful potential for general merchandise retailers attraction, with a 3.93x concentration and 329 jobs in this sub-sector. Near-term succession risk is elevated, with 26.5% of the working-age population within 10 years of retirement age.

The interconnected base across general merchandise retailers, crop production, and gasoline stations and fuel dealers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Ray County, Missouri, from federal data sources.

What is the population of Ray County, Missouri?

23,145 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Ray County, Missouri?

$74,573 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Ray County, Missouri?

4.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Ray County, Missouri?

$651M (U.S. Bureau of Economic Analysis, CAGDP1).