Home/Alaska/Sitka City and Borough

Sitka City and Borough Housing Market

Alaska · 30 counties · Ranked #2979 in home value

Above National Avg

Housing at a Glance

Median Home Value

$442,100

vs national+$442,100 vs $281,900 national

Median Gross Rent

$1,350/mo

vs national+$1,350 vs $1,163 national

Effective Tax Rate

0.47%

vs national0.47% vs 1.02% national

Median Household Income

$101,207

vs national+$101,207 vs $74,755 national

Affordability Ratio

4.4x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$2,086

Tax as % of Home Value

0.47%

Monthly Owner Cost

$1,587

Renter Income

$64,732

Frequently Asked Questions

What is the median home value in Sitka City and Borough?
The median home value in Sitka City and Borough is $442,100. This is above the national median of $281,900.
How much is rent in Sitka City and Borough?
The median gross rent in Sitka City and Borough is $1,350 per month.
What is the property tax rate in Sitka City and Borough?
The effective property tax rate in Sitka City and Borough is 0.47%. The median annual property tax bill is $2,086.
Is Sitka City and Borough affordable?
With a home-value-to-income ratio of 4.4x, Sitka City and 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.