The typical owner-occupied home in Kipnuk is worth about $51,000, 86% below the Alaska median of $352,900 and 85% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.39% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $45,250 a year, so the median home costs 1.1 times the median income (3.8 times for Alaska). 79% of occupied homes here are lived in by their owners, and 16% of those owners still have a mortgage.
Kipnuk at a glance
| Kipnuk | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $51,000 | $352,900 | $332,700 |
| Median property tax paid per year | $199 | $3,901 | $3,119 |
| Property tax as a share of value | 0.39% | 1.11% | 0.94% |
| Median household income | $45,250 | $92,788 | $80,734 |
| Homes lived in by their owners | 79% | 67% | 65% |
| Owner homes with a mortgage | 16% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $438 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 21.6% | 21.0% |
| Median rent | $838 | $1,419 | $1,413 |
| Rent as a share of renters' income | 22.5% | 27.7% | 30.6% |
| Median year homes were built | 1991 | 1986 | 1980 |
| Vacant homes | 6.3% | 17.6% | 10.1% |
| Population | 706 | 735,706 | 334,922,499 |
What a typical home costs per month in Kipnuk
At this week's average 30-year rate of 7.11%, buying the median Kipnuk home of $51,000 with 20% down costs about $312 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $397, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $13,384 for the 20%-down payment. That payment is 8% of the median Kipnuk household income of $45,250; at that income and 20% down, the 28% guideline points to a home of about $172,000.
The median rent here is $838 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,200 |
|---|---|
| Loan amount | $40,800 |
| Principal and interest | $274 |
| Property taxes (0.39% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| PMI | $0 |
| Total per month | $312 |
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| Down payment | $1,785 |
|---|---|
| Loan amount | $50,076 |
| Principal and interest | $337 |
| Property taxes (0.39% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| FHA mortgage insurance | $23 |
| Total per month | $397 |
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Questions about home buying in Kipnuk
What is the median home value in Kipnuk?
About $51,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kipnuk?
Homeowners pay a median $199 a year, which is about 0.39% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kipnuk?
For the median home with 20% down at 7.11%, the payment is about $312 a month. Keeping that under 28% of gross income takes about $13,384 a year.
More about Kipnuk
- Mortgage Refinance in Kipnuk
- Debt Relief in Kipnuk
- Home Equity Loans in Kipnuk
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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