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Raleigh

Learn about the people, housing, costs and businesses in Raleigh, North Dakota

Median Home$93,200
Median Rent$675/month
Population14
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Young Adults29% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$93k median home · lower cost than 94% of the country
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Raleigh
ND

Frequently Asked Questions

What are today's mortgage rates in Raleigh?

As of today, the 30-year fixed mortgage rate for Raleigh 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.

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What is the median home price in Raleigh?

The median home value in Raleigh is $93k. The median monthly rent is $675. Annual property taxes average $845. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $622/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Raleigh is $58k/year.

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What industries drive the economy in Raleigh?

The largest employment sectors in Raleigh are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.