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Newhalen

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

Median Home$237,500
Median Rent$936/month
Population115
Leading IndustriesTransportation · Education · Retail4% transportation
Retirees24% of residentsslightly above average
Homeowners65% of occupied units
NotableTransit79/100 · excellent transit access
Newhalen
AK

Frequently Asked Questions

What are today's mortgage rates in Newhalen?

As of today, the 30-year fixed mortgage rate for Newhalen is approximately 6.936% (6.973% 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 Newhalen?

The median home value in Newhalen 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 Newhalen?

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 Newhalen is $66k/year.

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What industries drive the economy in Newhalen?

The largest employment sectors in Newhalen are retail (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.