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Butte

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

Median Home$357,700
Median Rent$1,443/month
Population3,920
Leading IndustriesConstruction · Finance & Insurance · Information & Media9% construction
Home Value Growth⬆⬆⬆+22.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners84% of occupied units
NotableTransit85/100 · excellent transit access
NotableHigh Incomes$103k/year · top 15% nationally
Butte
AK

Frequently Asked Questions

What are today's mortgage rates in Butte?

As of today, the 30-year fixed mortgage rate for Butte is approximately 6.908% (6.944% 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 Butte?

The median home value in Butte is $358k. The median monthly rent is $1,443. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Butte?

Home values in Butte have increased 22.6% 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 Butte?

Based on a typical all-in ownership cost of $1,550/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 Butte is $103k/year.

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What industries drive the economy in Butte?

The largest employment sectors in Butte are public administration (27%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.