The typical owner-occupied home in Port Lions is worth about $161,500, 54% below the Alaska median of $352,900 and 51% below the national median of $332,700. Owners pay a median $1,097 a year in property taxes, about 0.68% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $46,250 a year, so the median home costs 3.5 times the median income (3.8 times for Alaska). 93% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.
Port Lions at a glance
| Port Lions | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $161,500 | $352,900 | $332,700 |
| Median property tax paid per year | $1,097 | $3,901 | $3,119 |
| Property tax as a share of value | 0.68% | 1.11% | 0.94% |
| Median household income | $46,250 | $92,788 | $80,734 |
| Homes lived in by their owners | 93% | 67% | 65% |
| Owner homes with a mortgage | 23% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,792 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 27.5% | 21.6% | 21.0% |
| Median rent | – | $1,419 | $1,413 |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 46.2% | 17.6% | 10.1% |
| Population | 150 | 735,706 | 334,922,499 |
What a typical home costs per month in Port Lions
At this week's average 30-year rate of 7.11%, buying the median Port Lions home of $161,500 with 20% down costs about $1,028 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,297, 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 $44,055 for the 20%-down payment. That payment is 27% of the median Port Lions household income of $46,250; at that income and 20% down, the 28% guideline points to a home of about $170,000.
| Down payment | $32,300 |
|---|---|
| Loan amount | $129,200 |
| Principal and interest | $869 |
| Property taxes (0.68% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,028 |
Change the numbers in the calculator
| Down payment | $5,652 |
|---|---|
| Loan amount | $158,575 |
| Principal and interest | $1,067 |
| Property taxes (0.68% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,297 |
Change the numbers in the calculator
Questions about home buying in Port Lions
What is the median home value in Port Lions?
About $161,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Port Lions?
Homeowners pay a median $1,097 a year, which is about 0.68% 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 Port Lions?
For the median home with 20% down at 7.11%, the payment is about $1,028 a month. Keeping that under 28% of gross income takes about $44,055 a year.
More about Port Lions
- Mortgage Refinance in Port Lions
- Debt Relief in Port Lions
- Home Equity Loans in Port Lions
- 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