The typical owner-occupied home in Alakanuk is worth about $76,400, 78% below the Alaska median of $352,900 and 77% below the national median of $332,700. The median household earns $41,607 a year, so the median home costs 1.8 times the median income (3.8 times for Alaska). 72% of occupied homes here are lived in by their owners, and 21% of those owners still have a mortgage.
Alakanuk at a glance
| Alakanuk | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $76,400 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $41,607 | $92,788 | $80,734 |
| Homes lived in by their owners | 72% | 67% | 65% |
| Owner homes with a mortgage | 21% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $609 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 15.5% | 21.6% | 21.0% |
| Median rent | $912 | $1,419 | $1,413 |
| Rent as a share of renters' income | 13.5% | 27.7% | 30.6% |
| Median year homes were built | 1993 | 1986 | 1980 |
| Vacant homes | 5.9% | 17.6% | 10.1% |
| Population | 864 | 735,706 | 334,922,499 |
What a typical home costs per month in Alakanuk
At this week's average 30-year rate of 7.11%, buying the median Alakanuk home of $76,400 with 20% down costs about $513 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $640, 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 $21,987 for the 20%-down payment. That payment is 15% of the median Alakanuk household income of $41,607; at that income and 20% down, the 28% guideline points to a home of about $145,000.
The median rent here is $912 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,280 |
|---|---|
| Loan amount | $61,120 |
| Principal and interest | $411 |
| Property taxes (1.10% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $513 |
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| Down payment | $2,674 |
|---|---|
| Loan amount | $75,016 |
| Principal and interest | $505 |
| Property taxes (1.10% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $640 |
Change the numbers in the calculator
Questions about home buying in Alakanuk
What is the median home value in Alakanuk?
About $76,400 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 Alakanuk?
For the median home with 20% down at 7.11%, the payment is about $513 a month. Keeping that under 28% of gross income takes about $21,987 a year.
More about Alakanuk
- Mortgage Refinance in Alakanuk
- Debt Relief in Alakanuk
- Home Equity Loans in Alakanuk
- 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