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These days, finding an affordable place to live in the Tok area can be challenging. Home prices in Tok are now at a median cost of $220,502, lower than the Alaska average of $346,273.
The average cost of rent is $1,141/mo in Tok, primarily driven by the current value of real estate in the Tok area. In Tok, 28.93% of households rent, and 68.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tok is $5,353 per month. Households that rent pay about 21.31% of their income on rent here. Tok’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tanacross, AK: less expensive homes
- Northway Village, AK: less expensive homes
- Northway Junction, AK: less expensive homes
- Dot Lake, AK: less expensive homes
- Slana, AK: higher priced homes
- Northway, AK: less expensive homes
- Dry Creek, AK: less expensive homes
- Chicken, AK: less expensive homes
- Gakona, AK: higher priced homes
- Paxson, AK: higher priced homes
Cities with Similar Populations
- Truman, MN: less expensive homes
- DeMossville, KY: equally priced homes
- Dover, MI: less expensive homes
- Eddy, TX: equally priced homes
- Fannett, TX: equally priced homes
- Five Lakes, MI: equally priced homes
- Fort Benton, MT: higher priced homes
- Gibson, NC: less expensive homes
- Tetonia, ID: higher priced homes
- Toughkenamon, PA: higher priced homes
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