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Kodiak Island Borough Housing Market

Alaska · 30 counties · Ranked #2882 in home value

Above National Avg

Housing at a Glance

Median Home Value

$382,700

vs national+$382,700 vs $281,900 national

Median Gross Rent

$1,669/mo

vs national+$1,669 vs $1,163 national

Effective Tax Rate

0.92%

vs national0.92% vs 1.02% national

Median Household Income

$83,716

vs national+$83,716 vs $74,755 national

Affordability Ratio

4.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,509

Tax as % of Home Value

0.92%

Monthly Owner Cost

$1,459

Renter Income

$80,956

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Frequently Asked Questions

What is the median home value in Kodiak Island Borough?

The median home value in Kodiak Island Borough is $382,700. This is above the national median of $281,900.

How much is rent in Kodiak Island Borough?

The median gross rent in Kodiak Island Borough is $1,669 per month.

What is the property tax rate in Kodiak Island Borough?

The effective property tax rate in Kodiak Island Borough is 0.92%. The median annual property tax bill is $3,509.

Is Kodiak Island Borough affordable?

With a home-value-to-income ratio of 4.6x, Kodiak Island Borough is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.