Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Raemon

Learn about the people, housing, costs and businesses in Raemon, North Carolina

Median Home$68,700
Median Rent$708/month
Population193
Leading IndustriesFinance & Insurance · Information & Media · Healthcare7% finance & insurance
Home Value Growth⬆⬆⬆+23.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners84% of occupied units
NotableAffordable Market$69k median home · lower cost than 99% of the country
Raemon
NC

Frequently Asked Questions

What are today's mortgage rates in Raemon?

As of today, the 30-year fixed mortgage rate for Raemon is approximately 6.905% (6.941% 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 Raemon
What is the median home price in Raemon?

The median home value in Raemon is $69k. The median monthly rent is $708. Annual property taxes average $555. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Raemon?

Home values in Raemon have increased 23.9% 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.

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

Based on a typical all-in ownership cost of $420/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $18k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Raemon is $42k/year.

Calculate your buying power
What industries drive the economy in Raemon?

The largest employment sectors in Raemon are public administration (14%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.