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Wales

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

Median Home$103,100
Median Rent$1,046/month
Population162
Leading IndustriesInformation & Media · Public Administration · Finance & Insurance21% information & media
Family-Friendly36% of residentstop 1% nationally
Homeowners74% of occupied units
NotableTransit79/100 · excellent transit access
Wales
AK

Frequently Asked Questions

What are today's mortgage rates in Wales?

As of today, the 30-year fixed mortgage rate for Wales is approximately 6.921% (6.958% 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 Wales?

The median home value in Wales is $103k. The median monthly rent is $1,046. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $626/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 Wales is $54k/year.

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What industries drive the economy in Wales?

The largest employment sectors in Wales are public administration (32%) and information and media (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.