The typical owner-occupied home in Denali Borough is worth about $275,000, 22% below the Alaska median of $352,900 and 17% below the national median of $332,700. The median household earns $80,781 a year, so the median home costs 3.4 times the median income (3.8 times for Alaska). 65% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Denali Borough at a glance
| Denali Borough | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $275,000 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $80,781 | $92,788 | $80,734 |
| Homes lived in by their owners | 65% | 67% | 65% |
| Owner homes with a mortgage | 41% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $2,123 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 15.6% | 21.6% | 21.0% |
| Median rent | $825 | $1,419 | $1,413 |
| Rent as a share of renters' income | 17.6% | 27.7% | 30.6% |
| Median year homes were built | 1989 | 1986 | 1980 |
| Vacant homes | 56.6% | 17.6% | 10.1% |
| Population | 1,969 | 735,706 | 334,922,499 |
What a typical home costs per month in Denali Borough
At this week's average 30-year rate of 7.11%, buying the median Denali Borough home of $275,000 with 20% down costs about $1,847 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,305, 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 $79,141 for the 20%-down payment. That payment is 27% of the median Denali Borough household income of $80,781; at that income and 20% down, the 28% guideline points to a home of about $281,000.
The median rent here is $825 a month, so owning the median home costs about $1,022 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $55,000 |
|---|---|
| Loan amount | $220,000 |
| Principal and interest | $1,480 |
| Property taxes (1.10% a year) | $252 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| PMI | $0 |
| Total per month | $1,847 |
Change the numbers in the calculator
| Down payment | $9,625 |
|---|---|
| Loan amount | $270,019 |
| Principal and interest | $1,816 |
| Property taxes (1.10% a year) | $252 |
| Homeowners insurance (our estimate, 0.5% a year) | $115 |
| FHA mortgage insurance | $122 |
| Total per month | $2,305 |
Change the numbers in the calculator
Questions about home buying in Denali Borough
What is the median home value in Denali Borough?
About $275,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Denali Borough?
For the median home with 20% down at 7.11%, the payment is about $1,847 a month. Keeping that under 28% of gross income takes about $79,141 a year.
More about Denali Borough
- Mortgage Refinance in Denali Borough
- Debt Relief in Denali Borough
- Home Equity Loans in Denali Borough
- 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