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Affordable
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These days, finding an affordable place to live in the Kaktovik area can be challenging. Home prices in Kaktovik are now at a median cost of $125,000, lower than the Alaska average of $346,273.
The average cost of rent is $1,148/mo in Kaktovik, primarily driven by the current value of real estate in the Kaktovik area. In Kaktovik, 45.82% of households rent, and 80.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kaktovik is $7,118 per month. Households that rent pay about 16.13% of their income on rent here. Kaktovik’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Deadhorse, AK: higher priced homes
- Prudhoe Bay, AK: higher priced homes
- Arctic Village, AK: less expensive homes
- Sagwon, AK: equally priced homes
- Nuiqsut, AK: equally priced homes
- Venetie, AK: less expensive homes
- Chalkyitsik, AK: less expensive homes
- Anaktuvuk Pass, AK: equally priced homes
- Fort Yukon, AK: higher priced homes
- Coldfoot, AK: less expensive homes
Cities with Similar Populations
- Buffalo Prairie, IL: higher priced homes
- Wickersham, WA: higher priced homes
- Carpentersville, IN: higher priced homes
- Canyon, MN: higher priced homes
- Campton Lower Village, NH: higher priced homes
- Campbellton, TX: higher priced homes
- Campbell, MN: higher priced homes
- Calvin, PA: higher priced homes
- Woodside, DE: higher priced homes
- Wyoming, WV: less expensive homes
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