Rayne is a city in Louisiana state in USA with a population of 8062 residents..
The poverty rate of Rayne is 33.7%, which is 141% higher than national average.
The typical household in Rayne earns $35616 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.8% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Rayne remained 7%, which is 49% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.
Cost of living in Rayne is 83, which is 17% lower than national average.
In Rayne, only 10% of adults have a bachelor's degree and 25% have some college but no degree.
Median home value in Rayne is $129300 , which is 44% lower than national average.
While median income in Rayne remained $35616, which is 47% lower than national average.