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Southwest Region

Learn about the people, housing, costs and businesses in Southwest Region, Alaska

Median Home$92,546
Median Rent$883/month
Population2,646
Leading IndustriesInformation & Media · Public Administration · Construction9% information & media
Family-Friendly34% of residentstop 1% nationally
Homeowners65% of occupied units
NotableAffordable Market$93k median home · lower cost than 98% of the country
Southwest Region
AK

Frequently Asked Questions

What are today's mortgage rates in Southwest Region?

As of today, the 30-year fixed mortgage rate for Southwest Region is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Southwest Region
What is the median home price in Southwest Region?

The median home value in Southwest Region is $93k. The median monthly rent is $883. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $636/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Southwest Region is $59k/year.

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What industries drive the economy in Southwest Region?

The largest employment sectors in Southwest Region are public administration (28%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.