“A Little Bit Of Norway, A Lot Of Pride’ is the slogan of the town and is featured on the sign at the edge of the community. Rake also has a ‘sister city’ relationship with Rocka, Norway.
As of 2024 the population of Rake is 158. The population is expected to shrink to 157 by 2029 - a growth rate of -0.13%.
The median age of Rake residents is 51.
The diversity index of Rake is 14.2, meaning that there is a 14% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Rake is $116,314 and projected to be $140,412 in 2029. Per capita income is $64,782, projected to be $78,702 in 2029. 7.59% of households – 12 – have an income of $200,000 or higher. Average net worth is $2,330,278 and the average disposable income is $83,899.
There are 103 housing units in Rake; 75 are owner-occupied, 13 are rented, and 15 are vacant. The average home value is $119,000, with 0 homes built in 2010 or later, and 48 built in 1939 or earlier.
There are 17 businesses in Rake, employing 51 workers and pulling from a labor force of 70 age 16 and above. 7 workers commute into Rake from outside the county or state. Key industries for the area include:
41 residents both live and work in/around Rake. The average travel time is 0.0 minutes. 14.63% people have a commute of less than 5 minutes while 7.32% commute 90 minutes or more each way. Of commuters, 53 drive alone, 10 carpool, and 0 take public transportation. 3 use other modes of transport such as motorcycle, bicycle, walking, etc. 4 residents work from home.
36 members of the workforce hold a high school diploma or GED. 35 have associates degrees, 35 have bachelor’s degrees, and 3 hold a graduate or professional degree.
