Ray township is located in Franklin County, Indiana. Ray township has a 2026 population of 4,379. Ray township is currently declining at a rate of -0.21% annually but its population has increased by 1.32% since the most recent census, which recorded a population of 4,322 in 2020.
The median household income in Ray township is $90,481 with a poverty rate of 9.1%. The median age in Ray township is 41.3 years: 40.9 years for males, and 41.6 years for females. For every 100 females there are 88.9 males.
Data after 2023 is projected based on recent change
Overall: 41.3 years
Female: 41.6 years
Male: 40.9 years
There are 3,234 adults, (947 of whom are seniors) in Ray township.
Female: 2,314 (52.9%)
Male: 2,058 (47.1%)
The racial composition of Ray township includes 96.32% White, and smaller percentages for Asian, other race, Two or more races, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 4,211 | 96.32% |
| Asian | 70 | 1.6% |
| Other race | 56 | 1.28% |
| Two or more races | 21 | 0.48% |
| Black or African American | 14 | 0.32% |
Ray township 's average per capita income is $56,813. Household income levels show a median of $90,481. The poverty rate stands at 9.1%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $122,664 | - |
| Families | $116,442 | $133,860 |
| Households | $90,481 | $116,921 |
| Non Families | $48,000 | $50,818 |
Average Income
Median Household Income
Poverty Rate