Cost of Living in Prince of Wales-Hyder Census Area, Alaska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Prince of Wales-Hyder Census Area Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Prince of Wales-Hyder Census Area, Alaska
Prince of Wales matches state affordability
Prince of Wales-Hyder's median household income of $59,079 trails the U.S. average of $74,755 by 21%, yet its 18.6% rent-to-income ratio exactly matches Alaska's state average. Lower absolute rents ($915/month) partially offset modest local incomes, creating an affordability equilibrium.
Perfectly aligned with Alaska average
At 18.6%, Prince of Wales-Hyder's rent-to-income ratio matches Alaska's state average exactly, placing it squarely in the middle of the state's housing affordability distribution. The $915/month median rent ranks among Alaska's more affordable, reflecting the region's limited supply and smaller population.
Southeast Alaska's most affordable option
Prince of Wales-Hyder offers the lowest absolute rents among Southeast Alaska boroughs at $915/month, undercutting Petersburg ($1,208) and competing with rural remote areas. Lower incomes mean the affordability advantage is proportional rather than absolute compared to higher-wage Southeast communities.
Lower income, lower housing costs
Renters spend $915/month on housing against a $59,079 annual income ($4,923/month), allocating 18.6% to rent—the state average—and maintaining reasonable discretionary income. Homeowners face monthly costs of $545 on properties valued at $221,800, offering Alaska's most accessible ownership ladder on absolute terms.
Prince of Wales for budget-conscious movers
If you're relocating to Alaska with household income near $59,000 and prioritizing affordability, Prince of Wales-Hyder delivers some of the state's lowest absolute housing costs. Expect limited job diversity and remote island living; verify local employment prospects before relocating.
Affordability Calculator
See how your income compares to housing costs in Prince of Wales-Hyder Census Area
Rent Burden
18.6%
of gross income
Max Housing (28% Rule)
$1,379
per month
Owner Cost Burden
11.1%
of gross income
The median home in Prince of Wales-Hyder Census Area may be a stretch
Median home value is $221,800. Estimated monthly cost: $1,771 vs. your max of $1,379.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.