CostBy County

Cost of Living in Prince of Wales-Hyder Census Area, Alaska

$964/mo
Median Monthly Rent
$225,300
Median Home Value

At a Glance

Median Monthly Rent
$964/mo
23% below state average
Median Home Value
$225,300
32% below national
Census GRAPI
21.2%
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 Prince of Wales-Hyder Census Area Compares

Median monthly rent comparison

Prince of Wales-Hyder Census Area$964/mo
Alaska Average$1,248/mo
National Median$1,413/mo

Detailed Housing Stats

$964/mo
Median Gross Rent
$225,300
Median Home Value
$596/mo
Monthly Owner Cost
21.2%
Census GRAPI

National Ranking

Affordability Rank

Prince of Wales-Hyder Census Area ranks #1,249 of 3,142 counties for affordability (top 40%)

Most AffordableLeast Affordable

Sourced county brief

Prince of Wales-Hyder Median Monthly Owner Costs Estimated at $596

Median selected monthly owner costs for all owner-occupied units in the Prince of Wales-Hyder Census Area were $596. This figure is $402 below the Alaska unweighted county mean of $998. The official ACS B25071 gross rent as a percentage of household income (GRAPI) was 21.2%, which is 1.8 percentage points lower than the state unweighted county mean of 23.0%. Median gross rent was $964 per month, compared to the state unweighted county mean of $1,248. The median home value in the area was $225,300, while the state unweighted county mean was $283,493. Renter households had a median income of $48,125. These housing statistics are based on the 2020-2024 ACS 5-Year Estimates and serve as a factual summary of recorded costs and income for the period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Prince of Wales-Hyder Census Area

Affordability Verdict

ACS B25071 estimates median gross rent at 21.2% of renter household income in Prince of Wales-Hyder Census Area, 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 $964 per month; median selected monthly owner costs are $596. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $38,560 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. Prince of Wales-Hyder Census Area's $964 median is 22.8% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Prince of Wales-Hyder Census Area

$

Rent Burden

18.9%

of gross income

Max Housing (28% Rule)

$1,427

per month

Owner Cost Burden

11.7%

of gross income

The median home in Prince of Wales-Hyder Census Area may be a stretch

Median home value is $225,300. Estimated monthly cost: $1,799 vs. your max of $1,427.

Rent Affordability Guide

Your entered rent as a share of entered income18.9%
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: $61,156Needed: $38,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,156Needed: $25,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,156Needed: $52,433

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 Prince of Wales-Hyder Census Area, Alaska?
Prince of Wales-Hyder Census Area, Alaska has a median monthly rent of $964/mo and a median home value of $225,300. The affordability rating is Affordable, with median gross rent equal to approximately 21.2% of renter household income.
What is the median rent in Prince of Wales-Hyder Census Area?
The median gross rent in Prince of Wales-Hyder Census Area is $964/mo. This is 23% below state average for Alaska.
Is Prince of Wales-Hyder Census Area affordable?
Prince of Wales-Hyder Census Area is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 21.2%. Median gross rent is under 30% of renter household income.
How does Prince of Wales-Hyder Census Area's rent compare to the state average?
Prince of Wales-Hyder Census Area's median rent of $964/mo is 23% below state average of $1,248/mo for Alaska.
What is the median home value in Prince of Wales-Hyder Census Area?
The median home value in Prince of Wales-Hyder Census Area, Alaska is $225,300. This is 32% below the national median home value of $332,700.

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Prepared by ByCounty Editorial TeamPublished by CostByCountyUpdated

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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