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Home equity loans in Hoonah-Angoon Census Area, Alaska

The typical owner-occupied home in Hoonah-Angoon Census Area is worth about $262,800, 26% below the Alaska median of $352,900 and 21% below the national median of $332,700. Owners pay a median $1,136 a year in property taxes, about 0.43% of their home's value, lower than the Alaska rate of 1.11%. The median household earns $61,406 a year, so the median home costs 4.3 times the median income (3.8 times for Alaska). 72% of occupied homes here are lived in by their owners, and 19% of those owners still have a mortgage.

Hoonah-Angoon Census Area at a glance

Hoonah-Angoon Census Area Alaska U.S.
Median home value $262,800 $352,900 $332,700
Median property tax paid per year $1,136 $3,901 $3,119
Property tax as a share of value 0.43% 1.11% 0.94%
Median household income $61,406 $92,788 $80,734
Homes lived in by their owners 72% 67% 65%
Owner homes with a mortgage 19% 60% 61%
Median monthly costs, owners with a mortgage $1,530 $2,229 $1,963
Those costs as a share of the owners' income 19.4% 21.6% 21.0%
Median rent $1,014 $1,419 $1,413
Rent as a share of renters' income 25.8% 27.7% 30.6%
Median year homes were built 1984 1986 1980
Vacant homes 47.3% 17.6% 10.1%
Population 2,311 735,706 334,922,499

How much equity Hoonah-Angoon Census Area owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Hoonah-Angoon Census Area home of $262,800, 80% is $210,240.

81% of Hoonah-Angoon Census Area owners have no mortgage at all, so they could borrow up to the full 80% limit.

Owners with a mortgage here already spend a median $1,530 a month on housing, so a new payment should fit next to that. At the median income of $61,406, lenders typically cap all debt payments at about 43% of gross income, or $2,200 a month.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $262,800 home (80% to 85% of value)
Owe nothing$210,240 to $223,380
Owe $65,700$144,540 to $157,680
Owe $131,400$78,840 to $91,980
Owe $170,820$39,420 to $52,560

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans in Hoonah-Angoon Census Area

What is the median home value in Hoonah-Angoon Census Area?

About $262,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hoonah-Angoon Census Area?

Homeowners pay a median $1,136 a year, which is about 0.43% of the median home value. Your bill depends on your home's assessed value and local rates.

How much can I borrow against my home in Hoonah-Angoon Census Area?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $262,800, an 80% limit is $210,240 before subtracting your mortgage.

More about Hoonah-Angoon Census Area

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