The typical owner-occupied home in Shaktoolik is worth about $92,100, 74% below the Alaska median of $352,900 and 72% below the national median of $332,700. The median household earns $80,417 a year, so the median home costs 1.1 times the median income (3.8 times for Alaska). 97% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Shaktoolik at a glance
| Shaktoolik | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $92,100 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $80,417 | $92,788 | $80,734 |
| Homes lived in by their owners | 97% | 67% | 65% |
| Owner homes with a mortgage | 31% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $820 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 14.4% | 21.6% | 21.0% |
| Median rent | – | $1,419 | $1,413 |
| Median year homes were built | 1991 | 1986 | 1980 |
| Vacant homes | 18.3% | 17.6% | 10.1% |
| Population | 283 | 735,706 | 334,922,499 |
What a typical home costs per month in Shaktoolik
At this week's average 30-year rate of 7.11%, buying the median Shaktoolik home of $92,100 with 20% down costs about $618 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $772, 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 $26,505 for the 20%-down payment. That payment is 9% of the median Shaktoolik household income of $80,417; at that income and 20% down, the 28% guideline points to a home of about $279,000.
| Down payment | $18,420 |
|---|---|
| Loan amount | $73,680 |
| Principal and interest | $496 |
| Property taxes (1.10% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $618 |
Change the numbers in the calculator
| Down payment | $3,224 |
|---|---|
| Loan amount | $90,432 |
| Principal and interest | $608 |
| Property taxes (1.10% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $41 |
| Total per month | $772 |
Change the numbers in the calculator
Questions about home buying in Shaktoolik
What is the median home value in Shaktoolik?
About $92,100 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 Shaktoolik?
For the median home with 20% down at 7.11%, the payment is about $618 a month. Keeping that under 28% of gross income takes about $26,505 a year.
More about Shaktoolik
- Mortgage Refinance in Shaktoolik
- Debt Relief in Shaktoolik
- Home Equity Loans in Shaktoolik
- 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