Housing affordability index in Alaska

Housing affordability index in Alaska: puts one number on the housing question: 22.4% of the state's median household income goes to principal and interest on a median-priced home at today's rate.

30-year fixed rate used: 6.76% (observed 2026-09-10, FRED MORTGAGE30US).

Share of income

22.4%

principal + interest

Monthly payment

$1,619

on a $311,628 home

Median income

$86,775

households, ACS 5-year

Housing affordability index in Alaska: counties ranked, least affordable first
RankCountyShare of incomeMonthly P&I
1Skagway Municipality34%$2,256
2Wrangell City and Borough28%$1,422
3Sitka City and Borough27.8%$2,206
4Ketchikan Gateway Borough27.2%$1,875
5Haines Borough26.4%$1,502
6Juneau City and Borough26.3%$2,102
7Hoonah-Angoon Census Area24.4%$1,266
8Kodiak Island Borough24.3%$1,844
9Anchorage Municipality23.7%$1,890
10Aleutians West Census Area23.3%$1,959
11Kenai Peninsula Borough23%$1,459
12Petersburg Borough22.4%$1,453
13Prince of Wales-Hyder Census Area22.3%$1,147
14Chugach Census Area21.6%$1,495
15Matanuska-Susitna Borough21.4%$1,542
16Fairbanks North Star Borough21.1%$1,438
17Copper River Census Area20.8%$1,221
18Southeast Fairbanks Census Area18.4%$1,154
19Lake and Peninsula Borough16.9%$867
20Bristol Bay Borough16.8%$1,316
21Denali Borough16.2%$1,179
22Nome Census Area16.1%$942
23Dillingham Census Area15.1%$871
24North Slope Borough14.5%$1,007
25Aleutians East Borough12.8%$852
26Yakutat City and Borough12.3%$790
27Kusilvak Census Area12%$427
28Northwest Arctic Borough11.8%$765
29Bethel Census Area11.7%$626
30Yukon-Koyukuk Census Area11.3%$450

Methodology

Every county figure for Alaska uses the county's own median home value and median household income from the Census American Community Survey 5-year estimates, a 20% deposit, and the current 30-year fixed rate from FRED (MORTGAGE30US) amortised over 30 years.

The share shown is annualised principal and interest divided by median household income. Property tax, insurance and HOA dues are excluded so the comparison between counties stays like-for-like.

Counties without both a published home value and a published income are left out entirely rather than filled with an estimate, so the table is shorter than the county list in some states.

Sources: FRED series MORTGAGE30US, Freddie Mac Primary Mortgage Market Survey; U.S. Census Bureau, American Community Survey 5-year estimates. American Community Survey 5-year estimates, 2022.