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Petersburg Borough Housing Market

Alaska · 30 counties · Ranked #2656 in home value

Above National Avg

Housing at a Glance

Median Home Value

$301,300

vs national+$301,300 vs $281,900 national

Median Gross Rent

$1,208/mo

vs national+$1,208 vs $1,163 national

Effective Tax Rate

0.69%

vs national0.69% vs 1.02% national

Median Household Income

$77,026

vs national+$77,026 vs $74,755 national

Affordability Ratio

3.9x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$2,066

Tax as % of Home Value

0.69%

Monthly Owner Cost

$1,108

Renter Income

$41,528

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Frequently Asked Questions

What is the median home value in Petersburg Borough?

The median home value in Petersburg Borough is $301,300. This is above the national median of $281,900.

How much is rent in Petersburg Borough?

The median gross rent in Petersburg Borough is $1,208 per month.

What is the property tax rate in Petersburg Borough?

The effective property tax rate in Petersburg Borough is 0.69%. The median annual property tax bill is $2,066.

Is Petersburg Borough affordable?

With a home-value-to-income ratio of 3.9x, Petersburg 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.