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Kenai Peninsula

Learn about the people, housing, costs and businesses in Kenai Peninsula County

Median Home$325,744
Median Rent$1,198/month
Population60,413
Leading IndustriesManufacturing · Wholesale Trade · Education6% manufacturing
Home Value Growth⬆⬆+17.0% over 2 years
Young Adults26% of residents
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
NotableHigh Incomes$80k/year · top 21% nationally
Kenai Peninsula Borough
AK

Explore Kenai Peninsula Borough

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

Frequently Asked Questions

What are today's mortgage rates in Kenai Peninsula?

As of today, the 30-year fixed mortgage rate for Kenai Peninsula is approximately 6.906% (6.942% 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 Kenai Peninsula?

The median home value in Kenai Peninsula is $326k. The median monthly rent is $1,198. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kenai Peninsula?

Home values in Kenai Peninsula have increased 17.0% 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 Kenai Peninsula?

Based on a typical all-in ownership cost of $1,132/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kenai Peninsula is $80k/year.

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What industries drive the economy in Kenai Peninsula?

The largest employment sectors in Kenai Peninsula are public administration (25%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Adjacent counties and areas