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Arctic

Learn about the people, housing, costs and businesses in Arctic, Alaska

Median Home$97,400
Median Rent$810/month
Population161
Leading IndustriesInformation & Media · Education · Finance & Insurance17% information & media
Family-Friendly31% of residentstop 3% nationally
Homeowners83% of occupied units
NotableAffordable Market$97k median home · lower cost than 93% of the country
Arctic Village
AK

Frequently Asked Questions

What are today's mortgage rates in Arctic?

As of today, the 30-year fixed mortgage rate for Arctic is approximately 6.921% (6.958% 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 Arctic?

The median home value in Arctic is $97k. The median monthly rent is $810. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $406/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arctic is $40k/year.

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What industries drive the economy in Arctic?

The largest employment sectors in Arctic are public administration (24%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.