Home/Alaska/Lake and Peninsula Borough

Lake and Peninsula Borough Housing Market

Alaska · 30 counties · Ranked #1436 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$166,100

vs national$166,100 vs $281,900 national

Median Gross Rent

$933/mo

vs national$933 vs $1,163 national

Effective Tax Rate

N/A

Median Household Income

$64,000

vs national$64,000 vs $74,755 national

Affordability Ratio

2.6x

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

Rent Burden

18.0%

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

More Housing Data

Property Tax (Median)

N/A

Tax as % of Home Value

N/A

Monthly Owner Cost

$533

Renter Income

$60,417

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Frequently Asked Questions

What is the median home value in Lake and Peninsula Borough?

The median home value in Lake and Peninsula Borough is $166,100. This is below the national median of $281,900.

How much is rent in Lake and Peninsula Borough?

The median gross rent in Lake and Peninsula Borough is $933 per month.

What is the property tax rate in Lake and Peninsula Borough?

The effective property tax rate in Lake and Peninsula Borough is not available.

Is Lake and Peninsula Borough affordable?

With a home-value-to-income ratio of 2.6x, Lake and Peninsula Borough is considered 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.