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Alaska

Learn about the people, housing, costs and businesses across Alaska

Median Home$345,959
Median Rent$1,474/month
Population735,706
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing9% information & media
Home Value Growth⬆⬆+13.3% over 2 years
Young Adults32% of residentswell above average
Homeowners67% of occupied units
NotableVeteran Community11% of residents · top 1% nationally
NotableHigh Incomes$97k/year · top 27% nationally
Alaska

Frequently Asked Questions

What are today's mortgage rates in Alaska?

As of today, the 30-year fixed mortgage rate for Alaska is approximately 6.859% (6.917% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alaska?

The median home value in Alaska is $346k. The median monthly rent is $1,474. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alaska?

Home values in Alaska have increased 13.3% 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.

How much income do you need to buy a home in Alaska?

Based on a typical all-in ownership cost of $1,540/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alaska is $97k/year.

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What industries drive the economy in Alaska?

The largest employment sectors in Alaska are public administration (25%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.