CostBy County

Cost of Living in Ketchikan Gateway Borough, Alaska

$1,505/mo
Median Monthly Rent
$393,300
Median Home Value

At a Glance

Median Monthly Rent
$1,505/mo
21% above state average
Median Home Value
$393,300
18% above national
Census GRAPI
29.5%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Ketchikan Gateway Borough Compares

Median monthly rent comparison

Ketchikan Gateway Borough$1,505/mo
Alaska Average$1,248/mo
National Median$1,413/mo

Detailed Housing Stats

$1,505/mo
Median Gross Rent
$393,300
Median Home Value
$1,550/mo
Monthly Owner Cost
29.5%
Census GRAPI

National Ranking

Affordability Rank

Ketchikan Gateway Borough ranks #2,901 of 3,142 counties for affordability (bottom 8%)

Most AffordableLeast Affordable

Sourced county brief

Median Gross Rent in Ketchikan Gateway Borough Reaches $1,505

Median gross rent was $1,505 per month, which is $257 above the Alaska unweighted county mean of $1,248. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 29.5%, or 6.5 percentage points above the state unweighted county mean of 23.0%. Median home value was estimated at $393,300, compared to the state unweighted mean of $283,493. Median selected monthly owner costs were $1,550, while the unweighted state mean was $998. Renter-household median income was $59,654. These statistics are part of the U.S. Census Bureau ACS 2020-2024 5-year estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Ketchikan Gateway Borough

Affordability Verdict

ACS B25071 estimates median gross rent at 29.5% of renter household income in Ketchikan Gateway Borough, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,505 per month; median selected monthly owner costs are $1,550. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $60,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Alaska unweighted mean of county median rents is $1,248 per month. Ketchikan Gateway Borough's $1,505 median is 20.6% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Ketchikan Gateway Borough

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$2,167

per month

Owner Cost Burden

20.0%

of gross income

The median home in Ketchikan Gateway Borough may be a stretch

Median home value is $393,300. Estimated monthly cost: $3,140 vs. your max of $2,167.

Rent Affordability Guide

Your entered rent as a share of entered income19.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $92,885Needed: $60,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $92,885Needed: $66,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $92,885Needed: $91,532

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Ketchikan Gateway Borough, Alaska?
Ketchikan Gateway Borough, Alaska has a median monthly rent of $1,505/mo and a median home value of $393,300. The affordability rating is Affordable, with median gross rent equal to approximately 29.5% of renter household income.
What is the median rent in Ketchikan Gateway Borough?
The median gross rent in Ketchikan Gateway Borough is $1,505/mo. This is 21% above state average for Alaska.
Is Ketchikan Gateway Borough affordable?
Ketchikan Gateway Borough is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.5%. Median gross rent is under 30% of renter household income.
How does Ketchikan Gateway Borough's rent compare to the state average?
Ketchikan Gateway Borough's median rent of $1,505/mo is 21% above state average of $1,248/mo for Alaska.
What is the median home value in Ketchikan Gateway Borough?
The median home value in Ketchikan Gateway Borough, Alaska is $393,300. This is 18% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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