The typical owner-occupied home in Kotzebue is worth about $288,400, 18% below the Alaska median of $352,900 and 13% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.07% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $110,357 a year, so the median home costs 2.6 times the median income (3.8 times for Alaska). 48% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Kotzebue at a glance
| Kotzebue | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $288,400 | $352,900 | $332,700 |
| Median property tax paid per year | $199 | $3,901 | $3,119 |
| Property tax as a share of value | 0.07% | 1.11% | 0.94% |
| Median household income | $110,357 | $92,788 | $80,734 |
| Homes lived in by their owners | 48% | 67% | 65% |
| Owner homes with a mortgage | 38% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $2,164 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 15.3% | 21.6% | 21.0% |
| Median rent | $1,565 | $1,419 | $1,413 |
| Rent as a share of renters' income | 17.0% | 27.7% | 30.6% |
| Median year homes were built | 1985 | 1986 | 1980 |
| Vacant homes | 20.6% | 17.6% | 10.1% |
| Population | 2,984 | 735,706 | 334,922,499 |
What a typical home costs per month in Kotzebue
At this week's average 30-year rate of 7.11%, buying the median Kotzebue home of $288,400 with 20% down costs about $1,689 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,170, 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 $72,388 for the 20%-down payment. That payment is 18% of the median Kotzebue household income of $110,357; at that income and 20% down, the 28% guideline points to a home of about $440,000.
The median rent here is $1,565 a month, so owning the median home costs about $124 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $57,680 |
|---|---|
| Loan amount | $230,720 |
| Principal and interest | $1,552 |
| Property taxes (0.07% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,689 |
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| Down payment | $10,094 |
|---|---|
| Loan amount | $283,176 |
| Principal and interest | $1,905 |
| Property taxes (0.07% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $128 |
| Total per month | $2,170 |
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Questions about home buying in Kotzebue
What is the median home value in Kotzebue?
About $288,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kotzebue?
Homeowners pay a median $199 a year, which is about 0.07% 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 Kotzebue?
For the median home with 20% down at 7.11%, the payment is about $1,689 a month. Keeping that under 28% of gross income takes about $72,388 a year.
More about Kotzebue
- Mortgage Refinance in Kotzebue
- Debt Relief in Kotzebue
- Home Equity Loans in Kotzebue
- 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