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Debt relief in Kasilof, Alaska

The typical owner-occupied home in Kasilof is worth about $445,900, 26% above the Alaska median of $352,900 and 34% above the national median of $332,700. The median household earns $63,386 a year, so the median home costs 7.0 times the median income (3.8 times for Alaska). 50% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.

Kasilof at a glance

Kasilof Alaska U.S.
Median home value $445,900 $352,900 $332,700
Median property tax paid per year – $3,901 $3,119
Median household income $63,386 $92,788 $80,734
Homes lived in by their owners 50% 67% 65%
Owner homes with a mortgage 49% 60% 61%
Median monthly costs, owners with a mortgage – $2,229 $1,963
Median rent $1,559 $1,419 $1,413
Rent as a share of renters' income 32.4% 27.7% 30.6%
Median year homes were built 2004 1986 1980
Vacant homes 23.5% 17.6% 10.1%
People below the poverty line 21.1% 10.1% 12.5%
Population 313 735,706 334,922,499

Household budgets and debt in Kasilof

21.1% of residents live below the federal poverty line, compared with 10.1% in Alaska.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Kasilof home worth $445,900 and 51% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Kasilof

What is the median home value in Kasilof?

About $445,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much of their income do Kasilof households spend on housing?

With a median household income of $63,386, owners with a mortgage spend a median 0.0% on housing and renters 32.4%.

More about Kasilof

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data