Local
Learn about the people, housing, costs and businesses in Racine, Minnesota
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Racine.
True all-in cost — P&I, taxes, insurance & utilities for homes in Racine.
Find and compare lenders active near Racine.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Racine.
Seismic risk and earthquake insurance estimates for Racine.
Wildfire exposure and insurance estimates for Racine.
As of today, the 30-year fixed mortgage rate for Racine is approximately 6.965% (7.004% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for RacineThe median home value in Racine is $271k. The median monthly rent is $1,007. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Racine have increased 13.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,352/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Racine is $97k/year.
Calculate your buying powerThe largest employment sectors in Racine are public administration (38%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.