Safe Rate Local
Learn about the people, housing, costs and businesses in Raleigh, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Raleigh.
True all-in cost — P&I, taxes, insurance & utilities for homes in Raleigh.
Find and compare lenders active near Raleigh.
FEMA flood zones and flood insurance estimates for Raleigh.
Seismic risk and earthquake insurance estimates for Raleigh.
Wildfire exposure and insurance estimates for Raleigh.
As of today, the 30-year fixed mortgage rate for Raleigh is approximately 6.933% (6.940% 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 RaleighThe median home value in Raleigh is $151k. The median monthly rent is $1,296. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Raleigh have increased 18.7% 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 $744/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Raleigh is $77k/year.
Calculate your buying powerThe largest employment sectors in Raleigh are public administration (20%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.