homesbycounty

Housing decision brief

Sitka City and Borough, AK Housing Market

Sitka City and Borough screens as a higher purchase price, rent that needs comparison, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

30th lowest home value out of 30 Alaska counties with data | 22nd lowest rent out of 30

Median home value

$442,100

Purchase-price signal from Census ACS.

Median rent

$1,350/mo

Gross rent, including utilities where reported.

Monthly owner cost

$1,587/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

4.4x

Median home value divided by local household income.

Rent burden

29.0%

Below 30% usually screens as less pressured.

Rent vs own

$237/mo

Median rent screens below owner cost.

Data confidence

Clean

No major county-specific caveat detected.

What Works

Rent burden below pressure line

29.00% of renter income goes to rent, below the 30% burden threshold.

Low disaster-risk signal

Risk score is 76.2 out of 100, a stronger cross-check for long-term ownership costs.

What to Check

Water quality cross-check

Water quality grade is F. Review water data before treating housing cost as the full story.

Best Fit For

  • Long-term owners who care about disaster-risk exposure

Poor Fit For

  • Buyers who will not investigate local water systems before moving

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Sitka City and Borough is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$442,100$274,050$281,900
61% pressure61% above Alaska county median

Median gross rent

Lower usually helps affordability.

$1,350$1,243$1,163
9% pressure9% above Alaska county median

Monthly owner cost

Lower usually helps affordability.

$1,587$772$1,672
106% pressure106% above Alaska county median

Median household income

$101,207$78,158$74,755
29% favorable29% above Alaska county median

Effective property-tax rate

Lower usually helps affordability.

0.47%1.00%1.02%
53% favorable53% below Alaska county median

Rent burden

Lower usually helps affordability.

29.00%23.00%N/A
26% pressure29.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$101,207
Income for median rent$54,000
Income for median owner cost$68,014

Rent cushion

+$47,207

Median income minus rent threshold.

Owner cushion

+$33,193

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Housing in Sitka City and Borough is affordable. The median rent is $1,350/month against a median household income of $101,207, putting rent at 16.0% of income.

Rent vs own

At $1,350/month rent versus $1,587/month in owner costs, renting is roughly $237/month cheaper , a 15% difference.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $54,000/year. For owner costs at the 28% rule, the required income is roughly $68,014/year. With a median household income of $101,207, most households can comfortably afford rent here. Notably, 29.0% of renter households in Sitka City and Borough are cost-burdened, spending more than 30% of income on housing.

Regional context

Within Alaska, Sitka City and Borough is less affordable than Fairbanks North Star Borough by roughly 5% ($1,350/mo vs $1,424/mo).

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Juneau City and Borough, AK$432,500$1,462/moSame-state comparison near $432,500 home value and $1,462/mo rent.
Anchorage Municipality, AK$375,900$1,453/moSame-state comparison near $375,900 home value and $1,453/mo rent.
Ketchikan Gateway Borough, AK$379,000$1,388/moSame-state comparison near $379,000 home value and $1,388/mo rent.
Skagway Municipality, AK$430,000$1,228/moSame-state comparison near $430,000 home value and $1,228/mo rent.
Aleutians West Census Area, AK$419,100$1,886/moSame-state comparison near $419,100 home value and $1,886/mo rent.

Housing Questions for Sitka City and Borough

Is Sitka City and Borough affordable for buying a home?
Sitka City and Borough has a home-value-to-income ratio of 4.4x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Sitka City and Borough?
Median rent is $1,350/mo and median monthly owner cost is $1,587/mo. On this screen, renting is cheaper before individual loan terms.
How much income do you need for housing in Sitka City and Borough?
To keep rent near 30% of income, the median rent implies about $54,000 in annual income. Using a 28% owner-cost screen, median owner costs imply about $68,014 in annual income.
What should I double-check before moving to Sitka City and Borough?
Double-check water quality cross-check. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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