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Chignik

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

Median Home$237,500
Median Rent$936/month
Population67
Leading IndustriesWholesale Trade · Manufacturing · Information & Media23% wholesale trade
Young Adults39% of residentstop 3% nationally
Homeowners67% of occupied units
NotableTransit79/100 · excellent transit access
Chignik
AK

Frequently Asked Questions

What are today's mortgage rates in Chignik?

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

The median home value in Chignik is $238k. The median monthly rent is $936. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $720/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chignik is $66k/year.

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What industries drive the economy in Chignik?

The largest employment sectors in Chignik are wholesale trade (23%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.