Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Big Lake

Learn about the people, housing, costs and businesses in Big Lake, Alaska

Median Home$301,435
Median Rent$1,181/month
Population3,438
Leading IndustriesWholesale Trade · Manufacturing · Arts, Food & Hospitality18% wholesale trade
Home Value Growth⬆⬆+19.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableTransit79/100 · excellent transit access
Big Lake
AK

Frequently Asked Questions

What are today's mortgage rates in Big Lake?

As of today, the 30-year fixed mortgage rate for Big Lake is approximately 6.903% (6.939% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Big Lake
What is the median home price in Big Lake?

The median home value in Big Lake is $301k. The median monthly rent is $1,181. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Big Lake?

Home values in Big Lake have increased 19.9% 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 Big Lake?

Based on a typical all-in ownership cost of $1,265/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Big Lake is $81k/year.

Calculate your buying power
What industries drive the economy in Big Lake?

The largest employment sectors in Big Lake are public administration (21%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.