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Funny River

Learn about the people, housing, costs and businesses in Funny River, Alaska

Median Home$338,600
Median Rent$1,386/month
Population1,165
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining9% manufacturing
Home Value Growth-2.6% over 2 years
Retirees29% of residentswell above average
Homeowners88% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHigh Incomes$92k/year · top 23% nationally
Funny River
AK

Frequently Asked Questions

What are today's mortgage rates in Funny River?

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

The median home value in Funny River is $339k. The median monthly rent is $1,386. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Funny River?

Home values in Funny River have decreased 2.6% over the past two years. Buyers may find more negotiating room in this market. 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 Funny River?

Based on a typical all-in ownership cost of $1,021/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Funny River is $92k/year.

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What industries drive the economy in Funny River?

The largest employment sectors in Funny River are public administration (26%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.