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The phrase "a rate of around" is correct and usable in written English.
It can be used when discussing an approximate measurement or value, often in contexts like finance, statistics, or general descriptions of quantities.
Example: "The company reported a rate of around 5% growth in sales over the last quarter."
Alternatives: "approximately a rate of" or "about a rate of".
Exact(58)
The trend towards eating out is growing at a rate of around 4% a year.
A year later, however, six out of 10 pensioners are withdrawing money from their pension pots at a rate of around 4% a year.
Before the recession, in contrast, British workers' efficiency was rising at a rate of around 1.7% a year.
"Hardly surprising given premiums have increased at a rate of around 6% per year for the past five years".
Blend them together to obtain a rate of around 6% – equal to around £4,700 a year for someone with a £75,000 pot.
In Tanzania, elephants are being lost at a rate of around 60 a day, although the government insists it is now on top of the problem.
For their investment, users will be given an equivalent amount of swarmcoins, the platform's proprietary currency, at a rate of around 5,000 swarmcoins to one bitcoin.
The abundance of c-C4F8 in the Southern Hemisphere has risen from 0.35 ppt in 1978 to 1.2 ppt in 2010, and is currently increasing at a rate of around 0.03 ppt yr−1.
More commonly, birds fly between 60 and above the ground, gliding or flapping at a rate of around 3.3 wingbeats a second.
With a cell density of around 10/cm, this translates to the acquisition of CCO deficiency at a rate of around 10−4/cell/year.
These total $87 billion and fall due at a rate of around $2 billion a month.
More suggestions(16)
a speed of around
a prevalence of around
a tempo of around
a coefficient of around
a velocity of around
a proportion of around
a rating of around
a tariff of around
a rate of roughly
a temperature of around
a population of around
a level of around
a drop of around
a rate of approximately
a rate of nearly
a price of around
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com