The typical owner-occupied home in Raynham Center is worth about $547,700, 3% below the Massachusetts median of $562,100 and 65% above the national median of $332,700. Owners pay a median $6,654 a year in property taxes, about 1.21% of their home's value, higher than the Massachusetts rate of 1.07%. The median household earns $132,382 a year, so the median home costs 4.1 times the median income (5.4 times for Massachusetts). 70% of occupied homes here are lived in by their owners, and 80% of those owners still have a mortgage.
Raynham Center at a glance
| Raynham Center | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $547,700 | $562,100 | $332,700 |
| Median property tax paid per year | $6,654 | $5,992 | $3,119 |
| Property tax as a share of value | 1.21% | 1.07% | 0.94% |
| Median household income | $132,382 | $103,960 | $80,734 |
| Homes lived in by their owners | 70% | 63% | 65% |
| Owner homes with a mortgage | 80% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,696 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 21.9% | 21.0% |
| Median rent | $1,776 | $1,762 | $1,413 |
| Rent as a share of renters' income | 51.0% | 30.9% | 30.6% |
| Median year homes were built | 1976 | 1964 | 1980 |
| Vacant homes | 1.9% | 8.1% | 10.1% |
| Population | 4,841 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Raynham Center
At this week's average 30-year rate of 7.11%, buying the median Raynham Center home of $547,700 with 20% down costs about $3,728 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,640, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $159,771 for the 20%-down payment. That payment is 34% of the median Raynham Center household income of $132,382; at that income and 20% down, the 28% guideline points to a home of about $454,000.
The median rent here is $1,776 a month, so owning the median home costs about $1,952 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $109,540 |
|---|---|
| Loan amount | $438,160 |
| Principal and interest | $2,948 |
| Property taxes (1.21% a year) | $552 |
| Homeowners insurance (our estimate, 0.5% a year) | $228 |
| PMI | $0 |
| Total per month | $3,728 |
Change the numbers in the calculator
| Down payment | $19,170 |
|---|---|
| Loan amount | $537,780 |
| Principal and interest | $3,618 |
| Property taxes (1.21% a year) | $552 |
| Homeowners insurance (our estimate, 0.5% a year) | $228 |
| FHA mortgage insurance | $242 |
| Total per month | $4,640 |
Change the numbers in the calculator
Questions about home buying in Raynham Center
What is the median home value in Raynham Center?
About $547,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Raynham Center?
Homeowners pay a median $6,654 a year, which is about 1.21% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Raynham Center?
For the median home with 20% down at 7.11%, the payment is about $3,728 a month. Keeping that under 28% of gross income takes about $159,771 a year.
More about Raynham Center
- Mortgage Refinance in Raynham Center
- Debt Relief in Raynham Center
- Home Equity Loans in Raynham Center
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data
