Cost of Living in Sitka City and Borough, Alaska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Sitka City and Borough Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Sitka City and Borough ranks #2,826 of 3,142 counties for affordability (bottom 10%)
Sourced county brief
Sitka Median Home Value Reaches $450,300 Snapshot
The median home value in Sitka City and Borough was estimated at $450,300 during the 2020-2024 ACS period, which is $166,807 above the unweighted Alaska county mean of $283,493. Regarding rental costs, the official median gross rent as a percentage of household income (GRAPI) is 28.7%. This figure is 5.7 percentage points higher than the state unweighted county mean official GRAPI of 23.0%. The median gross rent in the borough is $1,341 per month, compared to the state unweighted county mean of $1,248. For homeowners, the median selected monthly owner cost is $1,531, which is $533 above the Alaska unweighted mean of $998. Among renter households, the median income was recorded at $70,230, while the overall median household income was $101,727. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Sitka City and Borough
Affordability Verdict
ACS B25071 estimates median gross rent at 28.7% of renter household income in Sitka City and 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 $1,341 per month; median selected monthly owner costs are $1,531. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $53,640 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. Sitka City and Borough's $1,341 median is 7.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Sitka City and Borough
Rent Burden
15.8%
of gross income
Max Housing (28% Rule)
$2,374
per month
Owner Cost Burden
18.1%
of gross income
The median home in Sitka City and Borough may be a stretch
Median home value is $450,300. Estimated monthly cost: $3,595 vs. your max of $2,374.
Rent Affordability Guide
Income Needed Calculator
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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 Sitka City and Borough, Alaska?
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See Today's RatesData: 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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