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Shungnak

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

Median Home$116,900
Median Rent$914/month
Population259
Leading IndustriesTransportation · Retail · Construction4% transportation
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
Shungnak
AK

Frequently Asked Questions

What are today's mortgage rates in Shungnak?

As of today, the 30-year fixed mortgage rate for Shungnak is approximately 7.093% (7.139% 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 Shungnak?

The median home value in Shungnak is $117k. The median monthly rent is $914. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $735/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shungnak is $64k/year.

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What industries drive the economy in Shungnak?

The largest employment sectors in Shungnak are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.