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Buffalo Soapstone

Learn about the people, housing, costs and businesses in Buffalo Soapstone, Alaska

Median Home$409,700
Median Rent$1,772/month
Population1,119
Leading IndustriesManufacturing · Wholesale Trade · Finance & Insurance3% manufacturing
Home Value Growth+8.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$108k/year · top 13% nationally
Buffalo Soapstone
AK

Explore Buffalo Soapstone

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Buffalo Soapstone?

As of today, the 30-year fixed mortgage rate for Buffalo Soapstone 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 Buffalo Soapstone?

The median home value in Buffalo Soapstone is $410k. The median monthly rent is $1,772. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Buffalo Soapstone?

Home values in Buffalo Soapstone have increased 8.2% 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 Buffalo Soapstone?

Based on a typical all-in ownership cost of $1,739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Buffalo Soapstone is $108k/year.

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What industries drive the economy in Buffalo Soapstone?

The largest employment sectors in Buffalo Soapstone are public administration (24%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.