The typical owner-occupied home in Metlakatla is worth about $167,600, 53% below the Alaska median of $352,900 and 50% below the national median of $332,700. The median household earns $72,279 a year, so the median home costs 2.3 times the median income (3.8 times for Alaska). 71% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Metlakatla at a glance
| Metlakatla | Alaska | U.S. | |
|---|---|---|---|
| Median home value | $167,600 | $352,900 | $332,700 |
| Median property tax paid per year | – | $3,901 | $3,119 |
| Median household income | $72,279 | $92,788 | $80,734 |
| Homes lived in by their owners | 71% | 67% | 65% |
| Owner homes with a mortgage | 26% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,250 | $2,229 | $1,963 |
| Those costs as a share of the owners' income | 14.6% | 21.6% | 21.0% |
| Median rent | $775 | $1,419 | $1,413 |
| Rent as a share of renters' income | 15.8% | 27.7% | 30.6% |
| Median year homes were built | 1983 | 1986 | 1980 |
| Vacant homes | 12.2% | 17.6% | 10.1% |
| Population | 1,235 | 735,706 | 334,922,499 |
What a typical home costs per month in Metlakatla
At this week's average 30-year rate of 7.11%, buying the median Metlakatla home of $167,600 with 20% down costs about $1,125 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,405, 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 $48,233 for the 20%-down payment. That payment is 19% of the median Metlakatla household income of $72,279; at that income and 20% down, the 28% guideline points to a home of about $251,000.
The median rent here is $775 a month, so owning the median home costs about $350 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,520 |
|---|---|
| Loan amount | $134,080 |
| Principal and interest | $902 |
| Property taxes (1.10% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,125 |
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| Down payment | $5,866 |
|---|---|
| Loan amount | $164,564 |
| Principal and interest | $1,107 |
| Property taxes (1.10% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,405 |
Change the numbers in the calculator
Questions about home buying in Metlakatla
What is the median home value in Metlakatla?
About $167,600 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 Metlakatla?
For the median home with 20% down at 7.11%, the payment is about $1,125 a month. Keeping that under 28% of gross income takes about $48,233 a year.
More about Metlakatla
- Mortgage Refinance in Metlakatla
- Debt Relief in Metlakatla
- Home Equity Loans in Metlakatla
- 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