Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Raymond

Learn about the people, housing, costs and businesses in Raymond, Washington

Median Home$278,498
Median Rent$711/month
Population3,297
Leading IndustriesTransportation · Construction · Agriculture & Mining7% transportation
Home Value Growth+7.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners79% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Raymond
WA

Frequently Asked Questions

What are today's mortgage rates in Raymond?

As of today, the 30-year fixed mortgage rate for Raymond is approximately 6.969% (7.008% 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 Raymond
What is the median home price in Raymond?

The median home value in Raymond is $278k. The median monthly rent is $711. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Raymond?

Home values in Raymond have increased 7.7% 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 Raymond?

Based on a typical all-in ownership cost of $788/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Raymond is $57k/year.

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

The largest employment sectors in Raymond are public administration (18%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.