The typical owner-occupied home in Mountain Village is worth about $50,400, 86% below the Alaska median of $352,900 and 85% below the national median of $332,700. The median household earns $65,078 a year, so the median home costs 0.8 times the median income (3.8 times for Alaska). 73% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Mountain Village at a glance
| Mountain Village | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $50,400 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $65,078 | $92,788 | $80,734 |
| Homes lived in by their owners | 73% | 67% | 65% |
| Owner homes with a mortgage | 0% | 60% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,229 | $1,963 |
| Median rent | $950 | $1,419 | $1,413 |
| Rent as a share of renters' income | 11.9% | 27.7% | 30.6% |
| Median year homes were built | 1984 | 1986 | 1980 |
| Vacant homes | 16.3% | 17.6% | 10.1% |
| Population | 949 | 735,706 | 334,922,499 |
What a typical home costs per month in Mountain Village
At this week's average 30-year rate of 7.11%, buying the median Mountain Village home of $50,400 with 20% down costs about $338 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $422, 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 $14,505 for the 20%-down payment. That payment is 6% of the median Mountain Village household income of $65,078; at that income and 20% down, the 28% guideline points to a home of about $226,000.
The median rent here is $950 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,080 |
|---|---|
| Loan amount | $40,320 |
| Principal and interest | $271 |
| Property taxes (1.10% a year) | $46 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| PMI | $0 |
| Total per month | $338 |
Change the numbers in the calculator
| Down payment | $1,764 |
|---|---|
| Loan amount | $49,487 |
| Principal and interest | $333 |
| Property taxes (1.10% a year) | $46 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| FHA mortgage insurance | $22 |
| Total per month | $422 |
Change the numbers in the calculator
Questions about home buying in Mountain Village
What is the median home value in Mountain Village?
About $50,400 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 Mountain Village?
For the median home with 20% down at 7.11%, the payment is about $338 a month. Keeping that under 28% of gross income takes about $14,505 a year.
More about Mountain Village
- Mortgage Refinance in Mountain Village
- Debt Relief in Mountain Village
- Home Equity Loans in Mountain Village
- 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