Victoria vs Raleigh: which should you move to?
Victoria or Raleigh? Housing, rent, crime, climate, income, taxes and transit, side by side, from each city's own published figures. Written for someone deciding where to live, not for a ranking.

Victoria
Raleigh
The housing bills are in different currencies and do not net, and held against local pay they are not close. Mortgage, property tax and insurance on Victoria's single-family benchmark come to about $6,515 CAD a month, roughly 92% of the metro's 2020 median household income, against about $2,808 USD in Raleigh, roughly 40% of the city's 2024 median; the Victoria house is 15.4 times income and Raleigh's single-family home about 5.2. Raleigh also has the labor market, 3.1% metro unemployment in July 2026 against 5.0%, in a metro about three and a half times the size. Victoria has the safety, 4 homicide victims in the metro in 2025, 0.90 per 100,000, against 25 in Raleigh, about 4.9. Choose Victoria to walk or cycle to work in a mild climate with public health care, if you rent or already hold equity. Choose Raleigh to buy a house on a salary and to have more employers within driving distance.
Victoria prices are in CAD and Raleigh prices are in USD. The tables leave them in their own currency and compare ratios and rates instead; a conversion would be stale by the time you read it.
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| City population | 91,867 (2021) | 506,306 (2025) | Not directly comparable |
| Metro population | 445,090 (2025) | 1,595,720 (2025) | Not directly comparable |
| Five-year growth Growth is pressure on rents and roads as much as it is opportunity, so it is reported without a winner. | 7.1% (2016-2021) | 8.2% (2020-2025) | Not directly comparable |
What a home costs in each
The figures the two cities' rent-versus-buy and mortgage calculators run on, read from the same tables.
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| Benchmark home price MLS® HPI or equivalent benchmark. Lower is treated as the advantage, which is the buyer's view rather than the owner's. | $1,311,000 (July 2026) | $428,671 (August 2026) | Not directly comparable |
| Detached house benchmark Victoria publishes a single house index rather than a composite, so the two rows repeat. | $1,311,000 | $440,555 | Not directly comparable |
| Apartment or condominium benchmark | $548,600 | $270,056 | Not directly comparable |
| Two-bedroom rent | $2,076/mo (average, October 2025) | $1,655/mo (average, August 2026) | Not directly comparable |
| One-bedroom rent | $1,594/mo | $1,409/mo | Not directly comparable |
| Two-bedroom rent against median income A year of two-bedroom rent as a share of the median household income below. A household paying the median rent out of the median income is a fiction, but it is the same fiction in both columns and it crosses currencies. | 29.3% of a year's income | 23.3% of a year's income | Raleigh |
| Mortgage payment on the benchmark, 20% down 25 years in Victoria against 30 in Raleigh, each compounding the way its own country's lenders do. The rates are not a spread you can shop: they are what each market charges. | $5,712/mo at 4.34% | $2,288/mo at 7.03% | Not directly comparable |
| Price to household income Benchmark price divided by the median household income below. A ratio is comparable across currencies; the dollars are not. | 15.4× | 5.0× | Raleigh |
| Property tax on the benchmark home The effective rate on market value, which is what the two rates have in common and what the Advantage column is decided on; the bills are in each city's own dollars. | $7,415/yr (0.566%, 2026) | $3,717/yr (0.867%, 2026) | Victoria |
| Transfer tax on the benchmark home Compared as a share of the price. Where the seller pays it, it is a cost of leaving rather than arriving. | $24,220 (buyer pays) | $857 (seller pays) | Raleigh |
| Rent control A cap protects a sitting tenant and does nothing for the next lease, so neither column is simply better. | 2.3% guideline (2026) | Forbidden by state law | Not directly comparable |
Victoria: The 2026 Class 1 residential total of $5.6559 per $1,000 of taxable value: municipal $3.7229 plus the CRD, local school, hospital district, BC Assessment, MFA and BC Transit levies, before the Home Owner Grant. Raleigh: About 0.87% of market value. Raleigh levies 90.91 cents per $100 for fiscal 2027, Wake County's 53.71 cents plus the City's 37.20 cents, against values set at the 1 January 2024 revaluation. North Carolina measures the gap itself: the Department of Revenue puts Wake's assessment level at 95.39% of sale price, which is how it publishes an effective county rate of 0.4933% against a nominal 0.5171%. Wake revalues again on 1 January 2027 and every two years after that, so the next bill resets to what houses are worth then. Inside the downtown municipal service district the bill carries a further 6.8 cents per $100.
How safe each city is, by the numbers it publishes
Police-reported figures for the most recent year each force or statistics agency has released. Rates describe a whole city or metro area, and the spread between neighbourhoods inside one city is usually wider than the gap between the two cities.
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| Crime Severity Index Statistics Canada's weighted index for the metropolitan area, where 100 is Canada in 2006. American cities have no equivalent series. | 74.6 (2025) | Not published | Not directly comparable |
| Violent crime per 100,000 Canada counts every violent Criminal Code incident; the FBI counts four offences. The Canadian figure is always the larger one for that reason alone. | 1,542 (2025) | 396 (2025) | Not directly comparable |
| Property crime per 100,000 | 3,096 (2025) | 2,316 (2025) | Not directly comparable |
| Homicides Counts, not rates, and a single year in a small city moves a long way on chance alone. What each figure covers is under the table. | 4 (2025) | 25 (2025) | Not directly comparable |
The Victoria CMA Crime Severity Index moved between 71 and 80 from 2021 to 2025 (72.7, 74.9, 80.2, 71.2, 74.6) with no sustained direction. The violent crime rate per 100,000 fell from 1,542 in 2021 to 1,439 in 2024 and then returned to 1,542 in 2025; the property crime rate fell from 3,319 in 2021 to 3,096 in 2025.
What the rates cover: Police-reported total violent Criminal Code violations, rate per 100,000, Victoria CMA, table 35-10-0177-01.
Homicides: Victoria CMA, 4 victims, 0.90 per 100,000 (table 35-10-0071-01). Counts were 5, 5, 2, 2 for 2021 through 2024.
On the FBI's definitions, violent offenses in Raleigh went from 2,573 in 2023 to 2,399 in 2024 and 2,007 in 2025, a 16% drop in the last year, and property offenses from 12,665 to 13,854 and then 11,725. RPD's own 2025 report shows motor vehicle thefts down 32% (2,444 to 1,664), thefts from vehicles down 27%, non-fatal shooting incidents down from 91 to 79 and aggravated assaults without a firearm down 12%, while its all-assault total was flat at 7,418 and murders held at 25 after 24. The 2025 CDE counts were read on 26 September 2026 from a feed last refreshed on 15 September and can still be revised.
What the rates cover: Computed: 2,007 violent offenses (murder, rape, robbery and aggravated assault) in the FBI Crime Data Explorer's summarized data for the Raleigh Police Department (ORI NC0920100) in calendar 2025, divided by the 506,306 Vintage 2025 city population. On the CDE's own agency population of 508,719 the rate is 395. RPD's 2025 annual report does not publish a count on this definition: its total violent crime of 8,541 counts every assault, simple assaults included (7,418 in all), and lists no rapes, so it runs more than four times the FBI figure and measures something else.
Homicides: 25 murders and nonnegligent manslaughters in 2025 in both RPD's annual report and the FBI CDE, against 24 in 2024, about 4.9 per 100,000 on the city population. RPD's wider count of homicide incidents, which adds one negligent manslaughter and two justifiable homicides, was 28. The high point in the CDE series since 2021 is 45, in 2022.
Winters, summers and what the weather can do to a house
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| January mean | 4.6 °C | 5.5 °C | Not directly comparable |
| July mean | 17.2 °C | 26.9 °C | Not directly comparable |
| Precipitation a year | 901 mm | 1,170 mm | Not directly comparable |
| Snowfall a year | 39 cm | 13 cm | Not directly comparable |
| Sunshine a year | 2,109 hours | 2,606 hours | Raleigh |
Environment and Climate Change Canada 1991-2020 normals at Victoria Int'l A (climate ID 1018620, at Sidney, 25 km north of downtown) for temperature, precipitation and snowfall. Sunshine is from the 1981-2010 normals at the same station; the 1991-2020 set does not publish a sunshine normal. Downtown is drier: Victoria Gonzales 1991-2020 normals show 5.8 C in January, 16.3 C in July and 110.6 mm in the wettest month against 155.3 mm at the airport.
Hazards: The region sits on the Cascadia subduction zone and carries Canada's highest earthquake risk; summers bring wildfire smoke from the BC interior and drought-driven watering restrictions, and winters bring atmospheric-river rain and occasional short snow events that stop traffic.
NOAA NCEI 1991-2020 normals for Raleigh-Durham International Airport (station USW00013722): January mean 41.9F, July mean 80.5F, annual mean 61.2F, 46.07 in of precipitation, 5.2 in of snow. July is the warmest month, ahead of August's 78.8F, with a mean high of 90.8F; January's mean low is 31.8F. Most of the snow falls in January (2.6 in) and February (1.4 in), and September (5.15 in) and July (5.02 in) are the wettest months. Converted here to 5.5 C, 26.9 C, 1,170 mm and 13.2 cm. Sunshine hours are the older 1961-1990 NCDC means (2,606 hours, 58% of possible), since the 1991-2020 normals do not include sunshine.
Hazards: Humid subtropical, with long hot summers and thunderstorms, and winters mild enough that snow is an event. The record storm, on 24 to 25 January 2000, left 20.3 in (52 cm) at the airport, 17.9 in of it in 24 hours, beating a 1927 record of 17.8 in. Hurricanes reach Raleigh weakened but not harmless: Fran in September 1996 dropped 8.80 in (224 mm) of rain at RDU, uprooted trees across the region and did about $900 million of damage in Raleigh and Wake County, and the State Climate Office writes that no storm since has had so wide or lasting an impact on the Triangle. Flooding along the creeks after heavy rain and summer heat are the routine risks.
What people earn and what the government takes
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| Median household income | $85,000 CAD (2020) | $85,060 USD (2024) | Not directly comparable |
| Unemployment rate Statistics Canada and the Bureau of Labor Statistics define unemployment slightly differently; the Canadian measure runs about a point higher on the same labour market. | 5.0% (July 2026) | 3.1% (July 2026) | Not directly comparable |
| Sales tax | 12% | 7.25% | Raleigh |
| Top marginal income tax Federal plus provincial or state. The American figure leaves out payroll taxes and the cost of health insurance, both of which a Canadian household covers through the tax it pays here. | 53.5% | 41.25% | Raleigh |
| Income tax on $100,000, single filer Computed from each jurisdiction's brackets at a single filer's $100,000 and rounded to the dollar, so a gap of a dollar is rounding rather than tax. Two cities in one province or state are shown as Even, because there the two cells describe the same tax and whatever separates them is method. | $20,503 CAD | $17,157 USD | Not directly comparable |
In the 2021 Census the region's largest employers by sector were health care (29,750 workers), public administration (27,780), retail (22,540) and professional, scientific and technical services (19,655), per the South Island Prosperity Partnership's 2025 socio-economic profile. Victoria's unemployment rate is usually among the lowest of Canadian CMAs; the same report notes shortages in health care and construction and an ageing population.
Main sectors: Health care and social assistance, Public administration (provincial capital, CFB Esquimalt), Retail trade, Professional, scientific and technical services including software, Tourism, accommodation and food services.
BC has no payroll tax on employees beyond CPP and EI, and MSP health premiums were eliminated in 2020. Property transfer tax applies on purchase (1% to 3%, plus 20% foreign-buyer tax in the Victoria CMA) and a speculation and vacancy tax applies to homes left empty.
BLS counted 784,100 nonfarm jobs in the Raleigh MSA in July 2026 (not seasonally adjusted), up 15,900 or 2.1% on the year. Construction grew fastest (+6.8%), then education and health (+4.7%), while information (-5.9%), manufacturing (-1.7%) and trade, transportation and utilities (-0.4%) shrank. Professional and business services is the largest sector at 156,200 jobs, and government, with the state capital and NC State inside it, employs 107,400. The seasonally adjusted series (FRED RALE537NA) reached 786,100 in August 2026, 2.5% above August 2025. Average weekly wages across Wake, Johnston and Franklin counties were $1,621 in the first quarter of 2026 against $1,654 nationally. The newest large employers are drug plants in Holly Springs: Fujifilm Diosynth plans 1,400 jobs there by 2031 after a $1.2 billion expansion announced in April 2024, and Amgen about 725 across two plants after a $1.02 billion second one announced in December 2024.
Main sectors: Professional and business services, the metro's largest sector, Government (the state capital, NC State University, the county school system), Education and health care (WakeMed, UNC Health Rex, Duke Raleigh), Trade, transportation and utilities, Biomanufacturing and life sciences (Fujifilm and Amgen in Holly Springs, Research Triangle Park between Raleigh and Durham).
North Carolina's flat rate has come down every year since 2022: 4.99% (2022), 4.75% (2023), 4.50% (2024), 4.25% (2025) and 3.99% for 2026 and later, with further cuts from 2027 only if revenue triggers are met. Property tax is separate, with Wake County and the City of Raleigh each levying a rate on assessed value.
Whether you need a car
| Measure | Victoria | Raleigh | Advantage |
|---|---|---|---|
| System | Victoria Regional Transit System (BC Transit buses and handyDART); no rail. BC Ferries and Harbour Air, Helijet and the Coho and Clipper ferries connect to Vancouver and Seattle. | GoRaleigh city buses (38 fixed routes), GoTriangle regional buses to Durham, Chapel Hill, Research Triangle Park and RDU, and Amtrak's Piedmont, Carolinian and Floridian at Raleigh Union Station; no rail transit inside the city | Not directly comparable |
| Commute by public transit | 7.7% (2021) | 1.7% (2024) | Victoria |
| Walk or cycle to work | 15.3% (2021) | 1.5% (2024) | Victoria |
| Airport | Victoria International Airport (YYJ), at Sidney, 1,986,057 passengers in 2025, up 6.1% on 2024 and the busiest year since 2018 (Victoria Airport Authority 2025 Annual Report). Domestic-heavy; most international trips connect through Vancouver or Seattle. | Raleigh-Durham International Airport (RDU), 15.6 million passengers in 2025, a record just above 2024's 15.5 million, per the Airport Authority. It sits between Raleigh and Durham, and a $1.1 billion replacement primary runway, 10,639 ft long, has been under construction since October 2023. | Not directly comparable |
No verified systemwide annual total. BC Transit's 2025 year-in-review (Dec 19, 2025) reports the busiest route, the 95 Blink RapidBus, at more than 11,000 daily boardings; the Victoria Regional Transit Commission's Nov 2025 service plan reports 58.53 boardings per service hour by end of 2024, up 17.6% year over year and 21.2% above pre-COVID. Wikipedia cites APTA's Q4 2025 report at 26.56 million boardings for 2025 but the APTA PDF could not be fetched.
GoRaleigh carried 7,991,200 unlinked trips in 2025 and about 25,300 a weekday in the second quarter of 2026 (APTA ridership reports, as cited by Wikipedia). Fares came back on August 1, 2024, at $1.25 a ride after the pandemic fare-free years, and riders 65 and over or 18 and under still ride free once enrolled. The half-cent Wake Transit sales tax pays for the expansion. Its first bus rapid transit line, on New Bern Avenue east of downtown, has two of three construction phases under way, and the city expects the corridor finished by the end of 2028, with lines south to Garner, west to Cary and north to North Hills planned after it. Commuter rail between Durham and Clayton, the rail half of the same plan, met what GoTriangle calls significant feasibility challenges, and the two regional planning bodies are now studying smaller, incremental passenger rail options instead. Intercity rail is moving faster: NCDOT holds a $1.09 billion federal grant (December 2023) for the Raleigh to Wake Forest segment of the S-Line to Richmond, with bridges replacing road crossings under construction in 2026, and Amtrak counted 289,230 passengers at Raleigh Union Station in fiscal 2025.
Health care, schools and what each city is like
Health care
Care is paid for by BC's Medical Services Plan, with no premiums since 2020, and delivered by Island Health; prescription drugs outside hospital are covered through income-tested Fair PharmaCare, so many households carry employer extended-health plans for drugs, dental and physio. Greater Victoria has three hospitals, Royal Jubilee (the cardiac and cancer referral site for Vancouver Island), Victoria General (trauma and pediatrics) and Saanich Peninsula; the region has a well-known shortage of family doctors, and BC runs a central waitlist (Health Connect Registry) to attach new patients to primary care.
Education
The University of Victoria (about 22,000 students) is the main research university, with Camosun College for trades and transfer programs and Royal Roads University in Colwood for working adults; the University of Victoria is regularly placed in the top three Canadian comprehensive universities by Maclean's. Public K-12 is run by the Greater Victoria School District (SD61) in the core, with Sooke (SD62) in the fast-growing West Shore and Saanich (SD63) on the peninsula; there are no charter schools in BC, and French immersion seats in SD61 are allocated by lottery.
Living there
Victoria is a government and university town at the south tip of Vancouver Island with the mildest winters in Canada, a walkable and bikeable core, and a large retiree population; the trade-off is island logistics, with every mainland trip by 95-minute ferry or a short flight, and a housing market priced close to Vancouver's. Most growth since 2016 has gone to Langford and the West Shore, 15 to 25 km out along a congested Highway 1, while the City of Victoria itself is dense apartment and heritage-house neighbourhoods where a third of commuters walk or cycle. Downtown has visible street homelessness and open drug use concentrated around Pandora Avenue, which shows up in the higher-than-national violent crime rate for a metro this size.
Health care
Care is paid for through employer or individual private insurance, Medicare and Medicaid, and North Carolina expanded Medicaid on December 1, 2023; about 740,000 people are covered by the expansion. Federal changes narrow it: non-citizen eligibility rules tighten from October 1, 2026, and from January 1, 2027 most expansion adults face a work requirement of 80 hours a month (or equivalent earnings) and renewals every six months. Three systems run Raleigh's hospitals. WakeMed's Raleigh Campus is a Level I trauma center, with a Level III center at WakeMed Cary, and WakeMed describes itself as Wake County's only provider of trauma services. UNC Health Rex, founded in 1894, is the UNC Health hospital in the city, and Duke Raleigh Hospital has 204 inpatient beds for cancer, heart, neuroscience and gastrointestinal care. The academic medical centers of Duke in Durham and UNC in Chapel Hill are inside the same region. This file did not verify a wait time figure for primary or specialist care.
Education
The Wake County Public School System is one county-wide district and enrolled 160,413 students in 2025-26, 702 fewer than the year before; it projects 161,461 across 204 schools for 2026-27. More than a quarter of the county's students now attend charter or private schools or are home-schooled, according to the News & Observer. Every address has a base school, and families can also apply to magnet and year-round calendar schools. NC State University enrolled 40,503 students in fall 2025 (30,504 undergraduate, 9,999 graduate) and is the city's research university; Meredith College, William Peace University, Shaw University and Wake Technical Community College are also in Raleigh, and Duke and UNC-Chapel Hill are in Durham and Chapel Hill. Saint Augustine's University, a historically Black university in the city, filed for Chapter 11 in April 2026 after a long fight over its accreditation and is offering no classes in fall 2026.
Living there
Raleigh is a state capital and a university town at the center of a metro of 1.6 million, and most of it lives like a ring of suburbs around a compact downtown. Two workers in three drive to work alone, fewer than one in fifty rides a bus, and more than one in five works from home. The city's greenways run for more than 100 miles along its creeks and the Neuse River, yet walking and cycling together carry 1.5% of commutes. Work is spread across the Triangle rather than gathered in the city: state government and NC State in the city, Research Triangle Park between Raleigh and Durham, drug plants in Holly Springs, and Durham and Chapel Hill close enough to share the airport. Summers are long, hot and humid, with a July mean of 80.5F, and winters are mild. The open question is whether the region can build the transit its growth now calls for. The half-cent tax Wake voters approved in 2016 is paying for more buses and a first bus rapid transit line on New Bern Avenue, due by the end of 2028, but the commuter rail at the center of that plan is back at the study stage, so for now living here without a car depends on choosing exactly where to live.
Where each city wins, and where it loses
The Victoria Real Estate Board publishes benchmarks by property type and no composite, so Victoria's headline is a single-family house in the Victoria Core, $1,311,000 CAD in July 2026, down 2.8% on the year, with a condominium at $548,600 CAD. Raleigh's typical home value was $428,671 USD in August 2026 on Zillow's index of all homes, down 1.7%, with a single-family home at $440,555 and a condominium at $270,056. The currencies differ and nothing here converts them. Against local pay, the Victoria house is 15.4 times the metro's 2020 median household income of $85,000 CAD, and Raleigh's single-family home about 5.2 times the city's 2024 median of $85,060 USD. At 20% down, Victoria's mortgage at 4.34% is $5,712 CAD a month over the 25 years Canadian lenders amortize on, and Raleigh's $342,937 loan at 7.03%, Freddie Mac's rate for 24 September 2026, is about $2,288 USD over 30. Property tax is $7,415 CAD a year in Victoria, 0.566% on the city's 2026 rate, against about $3,717 USD in Raleigh, 0.867%. With insurance at $185 CAD and $210 USD a month, the Victoria owner carries about $6,515 CAD and the Raleigh owner about $2,808 USD, roughly 92% and 40% of local median income. A two-bedroom averaged $2,076 CAD in October 2025 and $1,655 USD in August 2026. British Columbia caps an existing tenancy at 2.3% for 2026, and North Carolina forbids rent control by statute.
Homicide is the only count that crosses the border intact, and Victoria is far lower on it. The Victoria metro recorded 4 homicide victims in 2025, 0.90 per 100,000, after 5, 5, 2 and 2 in the four years before; Raleigh recorded 25, about 4.9 per 100,000, after 24 in 2024 and 45 in 2022. Even that carries a caveat on geography, because Victoria's figures cover a metro of 445,090 and Raleigh's a city of 506,306. The rest are different instruments. Statistics Canada put the Victoria metro's Crime Severity Index at 74.57 in 2025, just under the national 75.0, and American cities have no equivalent. Victoria's violent rate of 1,542 per 100,000 counts every violent Criminal Code violation, common assault and uttering threats included; Raleigh's 396 is 2,007 offenses of murder, rape, robbery and aggravated assault in the FBI's Crime Data Explorer, divided by the Census estimate. Property crime, 3,096 per 100,000 against 2,316, is defined differently too. The direction differs as well: Victoria's index has moved sideways between 71.2 and 80.2 since 2021, while Raleigh's FBI-definition violent offenses fell 16% in 2025. Victoria's rates are published by Statistics Canada; Raleigh's are federal counts divided by population, read on 26 September 2026 and open to revision. A metro rate also misses the street homelessness and open drug use around Pandora Avenue in downtown Victoria.
January is close, 4.6 C at Victoria International, 5.8 C downtown at Gonzales and 5.5 C at Raleigh-Durham International. July is not: 17.2 C in Victoria against 26.9 C and humid in Raleigh. Victoria gets more snow, a 38.6 cm normal against 13.2 cm, and less precipitation, 901.2 mm against 1,170, most of it in a grey stretch from October to March, while Raleigh's is spread through the year with September and July the wettest months. Sunshine is on different vintages, 2,108.8 hours for Victoria on the 1981-2010 normals and 2,606 for Raleigh on the 1961-1990 series, so read that gap as rough. The hazards differ in kind. Victoria sits on the Cascadia subduction zone and carries Canada's highest earthquake risk, which is why most owners carry the cover that keeps insurance at $185 CAD a month, and its summers bring wildfire smoke from the BC interior and watering restrictions. Raleigh's are weakened hurricanes, of which Fran in September 1996 did about $900 million of damage in Raleigh and Wake County, flooding along the creeks after heavy rain, and long, humid summer heat. An owner's utility premium over a renter is $125 CAD a month in Victoria and $130 USD in Raleigh.
Both are capitals with a university at the center of their economies, and the Raleigh metro is about three and a half times the size. Raleigh-Cary's unemployment rate was 3.1% in July 2026, seasonally adjusted, on 784,100 nonfarm jobs, up 2.1% on the year; the Victoria metro's was 5.0% on the three-month average, up from 4.4% in June. Victoria's largest sectors in the 2021 census were health care with 29,750 workers, public administration with 27,780 and retail with 22,540, with shortages reported in health care and construction and an aging population. Raleigh's largest sector is professional and business services at 156,200 jobs, then government at 107,400 with the state capital and NC State inside it, and Fujifilm plans 1,400 jobs by 2031 at its drug plant in Holly Springs. Median household income was $85,000 CAD for the Victoria metro in 2020 and $67,500 in the city itself, against $85,060 USD in Raleigh in 2024, give or take $7,119. Income tax on $100,000 is about $20,503 CAD in Victoria, 20.5% before CPP and EI, against $17,157 USD in Raleigh for 2025, 17.2% before 7.65% payroll tax, falling to $16,651 for 2026 at North Carolina's 3.99% flat rate. Sales tax is 12% in British Columbia against 7.25% in Wake County, and the top combined marginal rate is 53.5% against 41.25%.
Neither city has rail transit, and the difference is what each does without it. In the 2021 census 32.1% of City of Victoria commuters walked or cycled, the highest share of any Canadian city, and 11.1% took the bus; across the metro those shares fall to 15.3% and 7.7%, because most growth since 2016 has gone to Langford and the West Shore, 15 to 25 km out along a congested Highway 1. That census was taken in May 2021 and understates normal transit use. In Raleigh 1.5% of workers walked or cycled in 2024, 1.7% took the bus, 66.3% drove alone and 21.8% worked from home, though the city's greenways run for more than 100 miles along its creeks. BC Transit publishes no verified systemwide total for Victoria; its busiest route, the 95 Blink RapidBus, carries more than 11,000 boardings a day. GoRaleigh carried 7,991,200 trips in 2025, and Wake County's half-cent transit tax is building a first bus rapid transit line on New Bern Avenue, due by the end of 2028, while commuter rail is back at the study stage. Flying is not close: Raleigh-Durham International handled a record 15.6 million passengers in 2025, against 1,986,057 at Victoria International, which is domestic-heavy and sends most international trips through Vancouver or Seattle.
In Victoria the bill for care is settled by British Columbia's Medical Services Plan, with no premium since 2020, and Island Health runs Royal Jubilee for cardiac and cancer referrals, Victoria General for trauma and pediatrics and Saanich Peninsula to the north; prescriptions outside hospital fall to income-tested Fair PharmaCare or an employer plan. The problem there is attachment: family doctors are scarce enough that BC runs a central Health Connect Registry to place new patients. In Raleigh the problem is price. Care is bought through an employer or individual plan, Medicare or Medicaid, and North Carolina expanded Medicaid on 1 December 2023, with about 740,000 people covered by the expansion, but from 1 January 2027 most expansion adults face a work requirement of 80 hours a month and renewals every six months. WakeMed's Raleigh campus is a Level I trauma center, and Duke's and UNC's academic medical centers are in the same region. No wait time figure was verified for either city. Greater Victoria runs three public school districts, with no charter schools anywhere in BC and French immersion seats drawn by lottery; the Wake County Public School System is one county-wide district, the state's largest, where every address has a base school and families can apply to magnet schools. The University of Victoria teaches about 22,000 students; NC State enrolled 40,503 in fall 2025.
What people underestimate is reach. On paper these are the same kind of place, a capital built around government and a university, and the difference is what surrounds each. The Victoria metro held 445,090 people in July 2025 at the south tip of an island, and every mainland trip that is not a flight is a 95-minute ferry on a fixed schedule with a vehicle queue; Victoria International's 1,986,057 passengers in 2025 were its most since 2018. Raleigh is one corner of the Triangle, a metro of 1,595,720 that grew 12.9% from 2020 to 2025, with Research Triangle Park between it and Durham, Durham and Chapel Hill in a neighboring metro that brings the combined area to 2,484,238, and an airport that handled 15.6 million passengers. For a household that means more employers in one field and a family visit that is a drive rather than a booked crossing. The money has fine print on both sides. A BC buyer hands over $24,220 in property transfer tax on the benchmark house, where a Raleigh buyer pays no transfer tax. Victoria's 4.34% renews after a five-year term, where Raleigh's 7.03%, about a third of a point above the August rate this site's other American cities were written at, holds for thirty years. And Wake County revalues on 1 January 2027 and every two years after, so the $3,717 tax bill resets to what houses are worth then.
Better here
- There were 4 homicide victims in the metro in 2025, 0.90 per 100,000, against 25 in Raleigh at about 4.9.
- In the 2021 census 32.1% of City of Victoria commuters walked or cycled, the highest share of any Canadian city, against 1.5% in Raleigh in 2024.
- July averages 17.2 C against 26.9 C and humid in Raleigh, while January is within a degree, 4.6 C against 5.5 C.
- The Medical Services Plan covers physician and hospital care with nothing due at the point of use and has charged no premium since 2020, whoever employs you.
- An existing tenancy is capped at 2.3% for 2026 under BC rules, while North Carolina forbids rent control.
- The metro Crime Severity Index was 74.57 in 2025, just under the national 75.0, and homicide counts have stayed between 2 and 5 a year since 2021.
Worse here
- The benchmark house is 15.4 times the metro's 2020 median household income of $85,000 CAD, against about 5.2 times for Raleigh's single-family home.
- Mortgage, property tax and insurance come to about $6,515 CAD a month, roughly 92% of that median, and a buyer pays $24,220 in property transfer tax at closing.
- Metro unemployment was 5.0% in July 2026 against 3.1% in Raleigh-Cary, in a metro of 445,090 led by health care and the provincial government.
- Income tax on $100,000 is about $20,503 CAD against $17,157 USD in Raleigh for 2025, and sales tax is 12% against 7.25%.
- Family doctors are scarce enough that BC runs a central Health Connect Registry, and about 1.4 million British Columbians had no primary care provider in mid-2025.
- Victoria International handled 1,986,057 passengers in 2025 against RDU's 15.6 million, and every mainland trip that is not a flight is a 95-minute ferry.
Choose Victoria if
- you want health coverage that survives losing a job
- you would rather walk or cycle to work inside a small core than drive across a metro
- you plan to rent, or already hold housing equity, because 15.4 times median household income is not a salary purchase
- you want a July averaging 17.2 C and no months of air conditioning
The Victoria guide · Neighbourhoods · Victoria rent vs buy · Victoria mortgage calculator
Better here
- The single-family home value of $440,555 USD in August 2026 is about 5.2 times the city's 2024 median household income, against 15.4 times for Victoria's benchmark house.
- Mortgage, property tax and insurance come to about $2,808 USD a month, roughly 40% of the local median against about 92% in Victoria, and the buyer pays no transfer tax.
- Metro unemployment was 3.1% in July 2026 against 5.0% in the Victoria metro, on 784,100 nonfarm jobs growing 2.1% on the year.
- Income tax on $100,000 was $17,157 USD for 2025 and falls to $16,651 for 2026, against about $20,503 CAD in Victoria, and sales tax is 7.25% against 12%.
- Raleigh-Durham International handled a record 15.6 million passengers in 2025 against 1,986,057 at Victoria, with no ferry between the city and the rest of the continent.
- The 7.03% rate of 24 September 2026 is fixed for thirty years, where Victoria's 4.34% renews after a five-year term.
Worse here
- There were 25 homicides in 2025, about 4.9 per 100,000, against 4 victims and 0.90 per 100,000 in the Victoria metro.
- Only 1.5% of workers walked or cycled to work in 2024 and 1.7% took the bus, against 32.1% and 11.1% in the City of Victoria in 2021.
- July averages 26.9 C and humid against 17.2 C in Victoria, and Fran did about $900 million of damage in Raleigh and Wake County in September 1996.
- Care runs on employer, individual or public insurance, and from 1 January 2027 most Medicaid expansion adults must show 80 hours of work a month.
- North Carolina forbids rent control, where British Columbia caps an existing tenancy at 2.3% for 2026.
- Condominium values fell 8.0% in the year to August 2026, to $270,056, against a 2.2% fall in Victoria's condominium benchmark in the year to July 2026.
Choose Raleigh if
- you want to own a detached house on one or two salaries rather than on equity you already hold
- you want a metro of 1.6 million where state government, universities, life sciences and professional services hire at 3.1% unemployment
- you fly often and want the rest of the continent without a ferry or a connection through Vancouver
- you have employer health insurance you trust and will drive to most things
The Raleigh guide · Neighborhoods · Raleigh rent vs buy · Raleigh mortgage calculator
Victoria or Raleigh, in short
Is Victoria or Raleigh cheaper to live in?
Raleigh, and not narrowly, once each bill is read against its own city's pay. A Victoria owner pays about $6,515 CAD a month on mortgage, property tax and insurance for the benchmark single-family house, roughly 92% of the metro's 2020 median household income of $85,000 CAD. A Raleigh owner pays about $2,808 USD on the typical home, roughly 40% of the city's 2024 median of $85,060 USD, even at 7.03% against 4.34%. A BC buyer also pays $24,220 in property transfer tax on the benchmark, and a Raleigh buyer pays none. Renting is closer: a two-bedroom averaged $2,076 CAD in October 2025 against $1,655 USD in August 2026, and BC caps an existing tenancy at 2.3% for 2026. Income and sales taxes favor Raleigh, about $17,157 USD against $20,503 CAD on $100,000 and 7.25% against 12%, though Victoria's taxes pay for health care.
Is Victoria or Raleigh safer?
Victoria, by a wide margin on homicide, the only count that crosses the border intact: 4 victims in the Victoria metro in 2025, 0.90 per 100,000, against 25 in Raleigh, about 4.9 per 100,000. The other rates measure different things. Victoria's violent rate of 1,542 per 100,000 counts every violent Criminal Code violation, common assault and uttering threats included, while Raleigh's 396 is murder, rape, robbery and aggravated assault on the FBI's definitions. Property crime, 3,096 per 100,000 against 2,316, is defined differently too. Victoria's metro Crime Severity Index was 74.57 in 2025, just under the national 75.0, and has moved sideways since 2021, while Raleigh's FBI-definition violent offenses fell 16% in 2025.
Which has the better climate, Victoria or Raleigh?
Victoria, unless you want a hot summer or more sun. January is close, 4.6 C at Victoria International and 5.5 C in Raleigh, but July is 17.2 C in Victoria against 26.9 C and humid in Raleigh. Victoria gets more snow, 38.6 cm against 13.2 cm, and less precipitation, 901.2 mm against 1,170, most of it between October and March. Sunshine is measured on different vintages, 2,108.8 hours for Victoria on the 1981-2010 normals and 2,606 for Raleigh on the 1961-1990 series. Victoria's hazards are Cascadia earthquake risk, summer wildfire smoke and watering restrictions; Raleigh's are weakened hurricanes, creek flooding and heat.
Both are capitals with a university. Does that make them similar places to work?
In kind more than in size. Victoria's largest sectors in the 2021 census were health care with 29,750 workers and public administration with 27,780, in a metro of 445,090 where unemployment was 5.0% in July 2026. Raleigh's metro of 1,595,720 counted 784,100 nonfarm jobs in July 2026, up 2.1%, with professional and business services the largest sector at 156,200 and government at 107,400, and unemployment at 3.1%. NC State enrolled 40,503 students in fall 2025 and the University of Victoria teaches about 22,000. Raleigh also sits beside Research Triangle Park and the drug plants of Holly Springs, where Fujifilm plans 1,400 jobs by 2031, so a household with two careers has more employers to try. Pay does not convert: the Victoria metro's median household income was $85,000 CAD in 2020 and Raleigh's city median $85,060 USD in 2024.
Where the figures come from
Housing figures are the ones behind each city's calculators, dated on those pages. The rest are listed here with the date they were retrieved. See the methodology for how facts, estimates and opinion are kept apart.
- Population and dwelling counts: Canada, provinces and territories, census divisions and census subdivisions (table 98-10-0002-01) · Statistics Canada · retrieved Supports: City population, Five-year growth
- Population and dwelling counts: Census metropolitan areas, census agglomerations and census subdivisions (table 98-10-0003-01) · Statistics Canada · retrieved Supports: population.metro (2021 census count), population.growthPct5y (CMA comparison)
- Population estimates, July 1, by census metropolitan area and census agglomeration (table 17-10-0148-01) · Statistics Canada · retrieved Supports: Metro population
- Crime severity index and weighted clearance rates, police services in census metropolitan areas (table 35-10-0026-01) · Statistics Canada · retrieved Supports: Crime Severity Index, Crime trend
- Incident-based crime statistics, by detailed violations, police services in census metropolitan areas (table 35-10-0177-01) · Statistics Canada · retrieved Supports: Violent crime rate, Property crime rate, Crime trend
- Number and rate of homicide victims, by census metropolitan areas (table 35-10-0071-01) · Statistics Canada · retrieved Supports: Homicides
- Canadian Climate Normals 1991-2020, Victoria Int'l A (climate ID 1018620) · Environment and Climate Change Canada · retrieved Supports: January mean, July mean, Annual precipitation, Annual snowfall
- Canadian Climate Normals 1991-2020, Victoria Gonzales (climate ID 1018610) · Environment and Climate Change Canada · retrieved Supports: climate.note (downtown comparison)
- Canadian Climate Normals 1981-2010, Victoria Int'l A · Environment and Climate Change Canada · retrieved Supports: Sunshine hours
- Household income statistics by dwelling and household characteristics: census metropolitan areas (table 98-10-0061-01) · Statistics Canada · retrieved Supports: Median household income
- Household income statistics by household type: census subdivisions (table 98-10-0057-01) · Statistics Canada · retrieved Supports: economy.medianHouseholdIncome (city figure in note)
- Labour force characteristics, three-month moving average, by census metropolitan area, seasonally adjusted (table 14-10-0459-01) · Statistics Canada · retrieved Supports: Unemployment rate
- Greater Victoria Metropolitan Region Socio-Economic Profile 2025 · South Island Prosperity Partnership · retrieved Supports: Main sectors, Labour market
- Personal income tax rates · Province of British Columbia · retrieved Supports: Top marginal income tax
- Provincial sales tax (PST) · Province of British Columbia · retrieved Supports: Sales tax
- 2025 personal tax rates, British Columbia (combined federal and provincial) · EY Canada · retrieved Supports: Income tax on $100,000, Top marginal income tax
- Main mode of commuting by commuting duration, time leaving for work, age and gender: census metropolitan areas (table 98-10-0457-01) · Statistics Canada · retrieved Supports: Transit commute share, Walk and cycle commute share
- Main mode of commuting by commuting duration, time leaving for work, age and gender: census subdivisions (table 98-10-0458-01) · Statistics Canada · retrieved Supports: transit.transitModeSharePct (city), transit.walkBikeModeSharePct (city)
- Year in review: a successful 2025 for BC Transit · BC Transit · retrieved Supports: Transit ridership
- 2026/27 Annual Service Plan, Victoria Regional Transit Commission report #14 · BC Transit · retrieved Supports: Transit ridership
- 2025 Annual Report · Victoria Airport Authority · retrieved Supports: Airport passengers
- The sky's the limit: Victoria airport has high hopes for year ahead · Victoria News · retrieved Supports: transit.airport (exact passenger count 1,986,057)
- Hospitals and health centre locations · Island Health · retrieved Supports: Health care
- Annual Estimates of the Resident Population for Incorporated Places in North Carolina: April 1, 2020 to July 1, 2025 (SUB-EST2025) · US Census Bureau · retrieved Supports: City population, Five-year growth, Violent crime rate, Property crime rate, Homicides
- Annual Resident Population Estimates and Components of Change for Metropolitan and Micropolitan Statistical Areas and Their Counties: April 1, 2020 to July 1, 2025 (CBSA-EST2025-ALLDATA) · US Census Bureau · retrieved Supports: Metro population, Five-year growth
- Annual Resident Population Estimates for Combined Statistical Areas: April 1, 2020 to July 1, 2025 (CSA-EST2025-ALLDATA) · US Census Bureau · retrieved Supports: Metro population
- Crime Data Explorer summarized agency data, Raleigh Police Department (NC0920100): violent crime, property crime and homicide, 2021-2025 · FBI · retrieved Supports: Violent crime rate, Property crime rate, Homicides, Crime trend
- 2025 Annual Crime Data · Raleigh Police Department · retrieved Supports: Violent crime rate, Property crime rate, Homicides, Crime trend
- Raleigh's Crime Data · City of Raleigh · retrieved Supports: Crime trend
- US Climate Normals 1991-2020, station USW00013722 Raleigh-Durham International Airport (Access Data Service) · NOAA National Centers for Environmental Information · retrieved Supports: January mean, July mean, Annual precipitation, Annual snowfall, Climate normals, January 41.9F, July 80.5F and August 78.8F from the monthly series, and annual mean 61.2F, precipitation 46.07 in and snowfall 5.2 in from dataset=normals-annualseasonal-1991-2020 for the same station
- Average Annual Sunshine in US Cities · Current Results (NCDC Comparative Climatic Data, 1961-1990) · retrieved Supports: Sunshine hours
- Raleigh's Record Snow Surprised Everyone in January 2000 · North Carolina State Climate Office · retrieved Supports: Climate hazards
- Then and Now, Fran a Standard-Bearer for Hurricane Destruction · North Carolina State Climate Office · retrieved Supports: Climate hazards
- Hurricane Fran, September 1996 · National Weather Service, Raleigh · retrieved Supports: Climate hazards
- ACS 2024 1-year tables B08301 and B19013 for Raleigh city and the Raleigh-Cary MSA · Census Reporter API (US Census Bureau ACS) · retrieved Supports: Median household income, Transit commute share, Walk and cycle commute share, Character
- Unemployment Rate in Raleigh-Cary, NC (MSA), RALE537UR and RALE537URN · FRED, Federal Reserve Bank of St. Louis (BLS LAUS data) · retrieved Supports: Unemployment rate
- All Employees: Total Nonfarm in Raleigh-Cary, NC (MSA), RALE537NA · FRED, Federal Reserve Bank of St. Louis (BLS CES data) · retrieved Supports: Labour market
- Raleigh, NC, Area Economic Summary · US Bureau of Labor Statistics · retrieved Supports: Unemployment rate, Main sectors, Labour market
- FUJIFILM Diosynth Biotechnologies Expanding Manufacturing Operations in Holly Springs · Wake County Government · retrieved Supports: Main sectors, Labour market
- Amgen to add 370 jobs as part of $1B investment in Holly Springs, NC, officials say · WRAL · retrieved Supports: Main sectors, Labour market
- Current Sales and Use Tax Rates (effective July 1, 2026) · North Carolina Department of Revenue · retrieved Supports: Sales tax
- Investment in Wake County Transit System Begins · Research Triangle Park · retrieved Supports: Sales tax, Transit ridership
- Prepared Food & Beverage Tax · Wake County Tax Administration · retrieved Supports: Sales tax
- Tax Rate Schedules · North Carolina Department of Revenue · retrieved Supports: Top marginal income tax, Income tax on $100,000, Tax notes
- North Carolina Standard Deduction or North Carolina Itemized Deductions · North Carolina Department of Revenue · retrieved Supports: Income tax on $100,000
- 2025 D-401 North Carolina Individual Income Tax Instructions · North Carolina Department of Revenue · retrieved Supports: Income tax on $100,000
- 2025 Tax Brackets and Federal Income Tax Rates · Tax Foundation · retrieved Supports: Top marginal income tax, Income tax on $100,000
- 2026 Tax Brackets and Federal Income Tax Rates · Tax Foundation · retrieved Supports: Top marginal income tax, Income tax on $100,000
- GoRaleigh (citing the APTA Transit Ridership Reports, Q4 2025 and Q2 2026) · Wikipedia · retrieved Supports: Transit system, Transit ridership
- GoRaleigh Resumes Fare Collection · GoRaleigh · retrieved Supports: Transit ridership
- Raleigh City Council Awards Second Construction Contract for Wake BRT: New Bern Avenue · City of Raleigh · retrieved Supports: Transit ridership, Character
- Wake BRT: New Bern Avenue · City of Raleigh · retrieved Supports: Transit ridership
- Commuter Rail · GoTriangle · retrieved Supports: Transit ridership, Character
- Construction Advances on S-Line Rail Corridor in Wake County · North Carolina Department of Transportation · retrieved Supports: Transit ridership
- Raleigh Union Station (citing Amtrak fiscal 2025 station ridership) · Wikipedia · retrieved Supports: Transit system, Transit ridership
- Just in: RDU Airport welcomed 15.6 million total passengers in 2025, up slightly from the previous year · Raleigh-Durham Airport Authority (RDU Airport on X) · retrieved Supports: Airport passengers
- Raleigh-Durham International Airport (2025 and 2024 passenger totals) · Wikipedia · retrieved Supports: Airport passengers
- Big Runway, Big Numbers, Big Progress · Raleigh-Durham International Airport · retrieved Supports: Airport passengers
- NCDHHS Launches the Know What's Next Toolkit on Medicaid Changes Starting Oct. 1, 2026 · North Carolina Department of Health and Human Services · retrieved Supports: Health care
- Trauma Centers · WakeMed Health & Hospitals · retrieved Supports: Health care
- About Duke Raleigh · Duke Health · retrieved Supports: Health care
- UNC Rex Healthcare · Wikipedia · retrieved Supports: Health care
- Wake's student enrollment has dropped overall, but pockets of growth remain · The News & Observer (via Yahoo News) · retrieved Supports: Education
- Stats and Facts · Wake County Public School System · retrieved Supports: Education
- Base Schools · Wake County Public School System · retrieved Supports: Education
- About Us (fall 2025 headcount enrollment) · North Carolina State University Catalog · retrieved Supports: Education
- Bankrupt Saint Augustine's Will Not Offer Fall Classes · Inside Higher Ed · retrieved Supports: Education
- Saint Augustine's University (North Carolina) · Wikipedia · retrieved Supports: Education
- Trails · City of Raleigh Parks, Recreation and Cultural Resources · retrieved Supports: Character
- July 2026 statistics: Victoria Real Estate Board monthly news release · Victoria Real Estate Board · retrieved Supports: Victoria Core single-family benchmark of $1,311,000, down 2.8% year over year, Victoria Core condominium benchmark of $548,600, down 2.2% year over year, Victoria Core townhouse benchmark of $857,300, 673 sales and 3,847 active listings board-wide in July 2026
- Rental Market Survey: Victoria (CY), average rent by bedroom type, October 2025 · Canada Mortgage and Housing Corporation · retrieved Supports: One-bedroom average rent of $1,594, Two-bedroom average rent of $2,076, Three-bedroom-plus average rent of $3,035, Victoria CMA vacancy rate of 3.3%
- 2026 Property Tax Mill Rate · City of Victoria · retrieved Supports: 2026 Class 1 residential total rate of $5.6559 per $1,000 of taxable value, Municipal residential rate of $3.7229, of which $1.3782 is police, Additional school tax of 0.2000 above $3 million and 0.4000 above $4 million
- Home owner grant · Province of British Columbia · retrieved Supports: The grant of up to $770 on an eligible principal residence outside the northern and rural area
- Premium information for homeowner and small rental loans · Canada Mortgage and Housing Corporation · retrieved Supports: Mortgage default insurance premium rates by loan-to-value
- Regulations amending the Insurable Housing Loan Regulations and the Eligible Mortgage Loan Regulations (SOR/2025-55) · Canada Gazette, Part II · retrieved Supports: The $1.5 million insured price cap, 30-year amortization for first-time buyers and new builds
- Minimum qualifying rate for uninsured mortgages · Office of the Superintendent of Financial Institutions · retrieved Supports: The qualifying rate of the contract rate plus two points, or 5.25%
- Interest rates charged for new and existing lending by chartered banks · Bank of Canada · retrieved Supports: The default mortgage rate of 4.34%, uninsured five-year-plus fixed, funds advanced May 2026
- Property transfer tax · Province of British Columbia · retrieved Supports: Transfer tax brackets, First-time buyer and new build exemptions
- Rent increases · Province of British Columbia · retrieved Supports: 2026 rent increase guideline of 2.3%
- Zillow Home Value Index, all homes, middle tier, smoothed and seasonally adjusted, by city · Zillow Research · retrieved Supports: A typical home value of $428,671 for the city of Raleigh in August 2026, $436,286 in August 2025, so a fall of 1.7% over the year
- Zillow Home Value Index, single-family and condominium series, by city · Zillow Research · retrieved Supports: A typical single-family value of $440,555 in the city of Raleigh in August 2026, down 1.5% on the year, A typical condominium value of $270,056 in the same month, down 8.0% on the year, from the condominium file at https://files.zillowstatic.com/research/public_csvs/zhvi/City_zhvi_uc_condo_tier_0.33_0.67_sm_sa_month.csv
- Raleigh, NC average rent and rent trends · RentCafe / Yardi Matrix · retrieved Supports: An average Raleigh apartment rent of $1,588, down 1.61% from $1,613 a year earlier, updated 31 August 2026, Average rents of $1,322 studio, $1,409 one-bedroom, $1,655 two-bedroom and $2,028 three-bedroom
- Wake County tax rates, current to 2017 · Wake County Department of Tax Administration · retrieved Supports: A Wake County rate of 53.71 cents per $100 for 2026, against 51.71 cents in 2025, A City of Raleigh rate of 37.20 cents per $100 for 2026, against 35.50 cents in 2025, A Raleigh downtown municipal service district rate of 6.8 cents per $100, levied only inside the district, 2024 marked as a revaluation year
- Sales assessment ratio studies as of January 1, 2025 · North Carolina Department of Revenue, Local Government Division · retrieved Supports: Wake County last revalued in 2024, A median sales assessment ratio of 95.39% for Wake: assessed values are 95.39% of sale prices, An effective county tax rate of 0.4933% against a nominal 0.5171%, computed as rate times assessment level, A coefficient of dispersion of 8.64 for Wake, Wake's next reappraisal scheduled for 2027
- Primary Mortgage Market Survey, 24 September 2026 · Freddie Mac · retrieved Supports: A 30-year fixed-rate mortgage averaging 7.03%, up from 6.95% the week before and 6.30% a year earlier, Rates for first-lien prime conventional conforming home purchase mortgages with a loan-to-value of 80%, which is the 20% down payment the hub's payment figure assumes
- Zillow Observed Rent Index, all homes plus multifamily, smoothed, by city · Zillow Research · retrieved Supports: An observed rent index of $1,577 for the city of Raleigh in August 2026, up 0.45% from $1,570 a year earlier
- Wake County commissioners adopt $2.28 billion fiscal year 2027 budget · Wake County · retrieved Supports: The county property tax rate rises 2 cents to 53.71 cents per $100 for FY2027, adopted 1 June 2026
- Raleigh leaders approve budget with property tax increase · WRAL · retrieved Supports: The City of Raleigh's FY2027 budget raises the property tax rate by 1.7 cents per $100
- Wake County shortens revaluation cycle · Wake County · retrieved Supports: The last revaluation took effect on 1 January 2024, The next revaluations take effect on 1 January 2027 and 1 January 2029, and every two years after that
- Commissioner Causey negotiates settlement on Rate Bureau's homeowners' insurance request · North Carolina Department of Insurance · retrieved Supports: Base rate increases of 7.5% on 1 June 2025 and 7.5% on 1 June 2026 in territory 270, the cities of Durham and Raleigh, against a Rate Bureau request of 39.8%, No further rate filing before 1 June 2027
- How much is homeowners insurance in Raleigh, NC? · Insure.com · retrieved Supports: An average Raleigh premium of $2,850 a year for $300,000 of dwelling cover, $100,000 of liability and a $1,000 deductible, updated 27 May 2026
- North Carolina homeowners insurance · NerdWallet · retrieved Supports: An average Raleigh premium of $2,420 a year and a North Carolina average of $3,025, for $400,000 of dwelling cover
- Renters insurance in North Carolina · NerdWallet · retrieved Supports: An average Raleigh renters premium of $160 a year for $30,000 of personal property
- Monthly homeowners' or condominium association fee, table B25143, 2024 American Community Survey 1-year estimates, Raleigh city · United States Census Bureau · retrieved Supports: A median monthly association fee of $114 among Raleigh owner-occupied units that pay one, 58,527 of 108,529 owner-occupied units, or 53.9%, paying such a fee, from table B25142
- Homebuyer assistance · City of Raleigh Housing and Neighborhoods · retrieved Supports: 0% deferred loans for first-time buyers at or below 80% of area median income, Up to $45,000 citywide on a home priced up to $389,500, and up to $60,000 in designated areas on a home up to $450,000
- Conforming loan limit values for 2026 · Federal Housing Finance Agency · retrieved Supports: A baseline one-unit conforming loan limit of $832,750 for 2026, which is the limit in Wake County
- Annual estimates of the resident population for incorporated places, 2020 to 2025 · United States Census Bureau, Population Estimates Program · retrieved Supports: A population of 506,306 for Raleigh on 1 July 2025, against 467,665 at the 2020 census
- 2025 Gazetteer files: places, North Carolina · United States Census Bureau · retrieved Supports: A land area of 152.263 square miles for Raleigh city, against 147.116 in the 2020 file