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Rachel

Learn about the people, housing, costs and businesses in Rachel, Nevada

Median Home$199,000
Median Rent$918/month
Population51
Leading IndustriesWholesale Trade · Finance & Insurance16% wholesale trade
Home Value Growth+6.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners70% of occupied units
Rachel
NV

Frequently Asked Questions

What are today's mortgage rates in Rachel?

As of today, the 30-year fixed mortgage rate for Rachel is approximately 7.010% (7.053% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rachel?

The median home value in Rachel is $199k. The median monthly rent is $918. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rachel?

Home values in Rachel have increased 6.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rachel?

Based on a typical all-in ownership cost of $961/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rachel is $71k/year.

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What industries drive the economy in Rachel?

The largest employment sectors in Rachel are public administration (24%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.