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Kaktovik

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

Median Home$125,600
Median Rent$1,067/month
Population286
Leading IndustriesPublic Administration · Manufacturing · Agriculture & Mining49% public administration
Family-Friendly30% of residentstop 4% nationally
Homeowners55% of occupied units
NotableHigh Incomes$89k/year · top 26% nationally
Kaktovik
AK

Frequently Asked Questions

What are today's mortgage rates in Kaktovik?

As of today, the 30-year fixed mortgage rate for Kaktovik is approximately 6.874% (6.909% 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 Kaktovik?

The median home value in Kaktovik is $126k. The median monthly rent is $1,067. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $728/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 Kaktovik is $89k/year.

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What industries drive the economy in Kaktovik?

The largest employment sectors in Kaktovik are public administration (49%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.