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Bering Strait

Learn about the people, housing, costs and businesses in Bering Strait, Alaska

Median Home$1,100,251
Median Rent$2,425/month
Population112,350
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services17% arts, food & hospitality
Home Value Growth+8.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners71% of occupied units
NotableHigh Incomes$156k/year · top 1% nationally
NotableHighly Educated28% bachelor's · 18% graduate · top 7% nationally
Bering Strait
AK

Frequently Asked Questions

What are today's mortgage rates in Bering Strait?

As of today, the 30-year fixed mortgage rate for Bering Strait is approximately 6.790% (6.822% 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 Bering Strait?

The median home value in Bering Strait is $1.1M. The median monthly rent is $2,425. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bering Strait?

Home values in Bering Strait have increased 8.4% over the past two years. This represents moderate growth. 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 Bering Strait?

Based on a typical all-in ownership cost of $2,599/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $111k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bering Strait is $156k/year.

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What industries drive the economy in Bering Strait?

The largest employment sectors in Bering Strait are public administration (21%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.