Income needed to buy a home
Haines Borough, AK
$108,669
a year in household income to buy the typical Haines Borough home with 10% down.
The monthly math
Typical home value$330,061
Down payment (10%)$33,006
Loan$297,055
Principal and interest (7.40%)$2,057/mo
Property tax (0.69% a year)$190/mo
Homeowners insurance (estimate)$165/mo
Mortgage insurance$124/mo
Total monthly cost$2,536/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
A stretch
The typical household here earns $86,927 a year, 80% of what it takes.
In Alaska
Haines Borough ranks #5 of 13 for the income a home takes, from least to most.
Easiest to afford in Alaska
| County | Typical home | Income needed |
|---|---|---|
| Southeast Fairbanks Census Area | $289,161 | $97,733 |
| North Slope Borough | $319,990 | $103,045 |
| Wrangell City and Borough | $321,839 | $103,226 |
| Fairbanks North Star Borough | $311,765 | $107,311 |
| Kenai Peninsula Borough | $351,179 | $113,678 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.