The typical owner-occupied home in Kake is worth about $124,600, 65% below the Alaska median of $352,900 and 63% below the national median of $332,700. The median household earns $52,159 a year, so the median home costs 2.4 times the median income (3.8 times for Alaska). 65% of occupied homes here are lived in by their owners, and 21% of those owners still have a mortgage.
Kake at a glance
| Kake | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $124,600 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $52,159 | $92,788 | $80,734 |
| Homes lived in by their owners | 65% | 67% | 65% |
| Owner homes with a mortgage | 21% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,802 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 25.7% | 21.6% | 21.0% |
| Median rent | $1,016 | $1,419 | $1,413 |
| Rent as a share of renters' income | 24.6% | 27.7% | 30.6% |
| Median year homes were built | 1983 | 1986 | 1980 |
| Vacant homes | 26.1% | 17.6% | 10.1% |
| Population | 624 | 735,706 | 334,922,499 |
What a typical home costs per month in Kake
At this week's average 30-year rate of 7.11%, buying the median Kake home of $124,600 with 20% down costs about $837 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,044, 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 $35,858 for the 20%-down payment. That payment is 19% of the median Kake household income of $52,159; at that income and 20% down, the 28% guideline points to a home of about $181,000.
The median rent here is $1,016 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $24,920 |
|---|---|
| Loan amount | $99,680 |
| Principal and interest | $671 |
| Property taxes (1.10% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $837 |
Change the numbers in the calculator
| Down payment | $4,361 |
|---|---|
| Loan amount | $122,343 |
| Principal and interest | $823 |
| Property taxes (1.10% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,044 |
Change the numbers in the calculator
Questions about home buying in Kake
What is the median home value in Kake?
About $124,600 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 Kake?
For the median home with 20% down at 7.11%, the payment is about $837 a month. Keeping that under 28% of gross income takes about $35,858 a year.
More about Kake
- Mortgage Refinance in Kake
- Debt Relief in Kake
- Home Equity Loans in Kake
- 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