🏦 Mortgage Calculators Alaska

How Much House Can I Afford in Alaska?

Find out how much house you can afford in Alaska with 1.19% property tax. Uses 28/36 rule with Alaska-specific data.

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Alaska Quick Facts
None Income Tax Rate
1.19% Property Tax Rate
$77,790 Median Income
125.9 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Alaska using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Alaska's effective property tax rate of 1.19% and average home insurance of $1,350/year. Median home price in Alaska: $330,000.

Key State Information

Alaska housing market: Median home price $330,000 | Property tax rate 1.19% | Avg home insurance $1,350/yr | Median household income $77,790. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
Census Bureau, Zillow, Tax Foundation
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Alaska?

With Alaska's median household income of $77,790 and a 10% down payment, you can typically afford a home priced around $272,265-$350,055 depending on debts and interest rates. The median home in Alaska costs $330,000.

What is the property tax rate in Alaska?

Alaska's effective property tax rate is 1.19%. On a $330,000 home, that's approximately $3,927/year or $327/month.

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