Income needed to buy a home

Every county in Alaska

In the middle county, Petersburg Borough, the typical home takes $126,390 a year. Locals can afford the typical home in 0 of 13 counties.

CountyTypical homeMonthly costIncome neededLocal median incomeFor locals
Southeast Fairbanks Census Area$289,161$2,280$97,733$73,882A stretch
North Slope Borough$319,990$2,404$103,045$95,694Right at the edge
Wrangell City and Borough$321,839$2,409$103,226$63,750Far off
Fairbanks North Star Borough$311,765$2,504$107,311$88,267A stretch
Haines Borough$330,061$2,536$108,669$86,927A stretch
Kenai Peninsula Borough$351,179$2,652$113,678$80,538A stretch
Petersburg Borough$389,805$2,949$126,390$75,125Far off
Ketchikan Gateway Borough$401,890$3,077$131,887$92,885A stretch
Kodiak Island Borough$408,265$3,140$134,592$86,250Far off
Matanuska-Susitna Borough$410,715$3,226$138,275$94,031Far off
Anchorage Municipality$435,444$3,520$150,846$103,284Far off
Sitka City and Borough$479,492$3,554$152,319$101,727Far off
Juneau City and Borough$476,976$3,739$160,225$101,661Far off

10% down, 7.40% 30-year fixed, housing at 28% of gross income. How it works.