Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Thorne Bay area can be challenging. Home prices in Thorne Bay are now at a median cost of $162,852, lower than the Alaska average of $254,370.
The average cost of rent is $852/mo in Thorne Bay, primarily driven by the current value of real estate in the Thorne Bay area. While nearly 64.46% of residents own their homes outright in Thorne Bay, 24.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thorne Bay is $4,188 per month. Households that rent pay about 20.33% of their income on rent here. Thorne Bay's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Kasaan, AK: equally priced homes
- Meyers Chuck, AK: higher priced homes
- Klawock, AK: higher priced homes
- Craig, AK: higher priced homes
- Naukati Bay, AK: higher priced homes
- Mud Bay, AK: higher priced homes
- Hydaburg, AK: equally priced homes
- Coffman Cove, AK: higher priced homes
- Ketchikan, AK: higher priced homes
- Saxman, AK: higher priced homes
Cities with Similar Populations
- Torrance, PA: equally priced homes
- Crystal Hill, VA: less expensive homes
- Cummings, KS: less expensive homes
- Curdsville, VA: less expensive homes
- Tescott, KS: equally priced homes
- Thompsonville, KY: less expensive homes
- Tigrett, TN: less expensive homes
- Titanic, OK: less expensive homes
- Tocsin, IN: higher priced homes
- Toland, PA: higher priced homes
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