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Buying a home in Pilot Station, Alaska

The typical owner-occupied home in Pilot Station is worth about $52,200, 85% below the Alaska median of $352,900 and 84% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.38% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $45,000 a year, so the median home costs 1.2 times the median income (3.8 times for Alaska). 81% of occupied homes here are lived in by their owners, and 4% of those owners still have a mortgage.

Pilot Station at a glance

Pilot Station Alaska U.S.
Median home value $52,200 $352,900 $332,700
Median property tax paid per year $199 $3,901 $3,119
Property tax as a share of value 0.38% 1.11% 0.94%
Median household income $45,000 $92,788 $80,734
Homes lived in by their owners 81% 67% 65%
Owner homes with a mortgage 4% 60% 61%
Median monthly costs, owners with a mortgage – $2,229 $1,963
Median rent $675 $1,419 $1,413
Rent as a share of renters' income 15.0% 27.7% 30.6%
Median year homes were built 1986 1986 1980
Vacant homes 5.5% 17.6% 10.1%
Population 713 735,706 334,922,499

What a typical home costs per month in Pilot Station

At this week's average 30-year rate of 7.11%, buying the median Pilot Station home of $52,200 with 20% down costs about $319 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $406, 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 $13,680 for the 20%-down payment. That payment is 9% of the median Pilot Station household income of $45,000; at that income and 20% down, the 28% guideline points to a home of about $172,000.

The median rent here is $675 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$10,440
Loan amount$41,760
Principal and interest$281
Property taxes (0.38% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$22
PMI$0
Total per month$319

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3.5% down, 30-year FHA loan
Down payment$1,827
Loan amount$51,255
Principal and interest$345
Property taxes (0.38% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$22
FHA mortgage insurance$23
Total per month$406

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Questions about home buying in Pilot Station

What is the median home value in Pilot Station?

About $52,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Pilot Station?

Homeowners pay a median $199 a year, which is about 0.38% 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 Pilot Station?

For the median home with 20% down at 7.11%, the payment is about $319 a month. Keeping that under 28% of gross income takes about $13,680 a year.

More about Pilot Station

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