Bristol Bay Borough, Alaska Housing Market
In Bristol Bay Borough, Alaska, the median home value is $245,800, with a median monthly rent of $1,317. This places Bristol Bay Borough at #923 nationally out of 3134 counties by median home value, and #19 within Alaska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,415
- Establishments: 94
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 290 (avg $123,072)
- Outflow: 290 (avg $123,072)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Bristol Bay Borough Compares
| Metric | Bristol Bay Borough | Alaska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $245,800 | $283,493 | $227,706 |
| Median Gross Rent | $1,317 | $1,248 | $968 |
| Owner Occupancy Rate | 53.6% | 64.7% | 73.3% |
| Price/Rent Ratio | 15.6 | 19.0 | 18.7 |
Market Analysis
The median home value in Bristol Bay Borough is 13.3% below the Alaska state average and 7.9% above the U.S. national average. The median rent of $1,317/month is 5.5% above the state average.
With a price-to-rent ratio of 15.6, the buy-vs-rent decision in Bristol Bay Borough is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Bristol Bay Borough has an owner-occupancy rate of 53.6%, compared to 64.7% in Alaska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pottawatomie County | Kansas | $245,900 | $924 |
| West Feliciana Parish | Louisiana | $245,700 | $1,049 |
| Hampton city | Virginia | $245,700 | $1,427 |
| Citrus County | Florida | $245,500 | $1,107 |
| McLeod County | Minnesota | $246,100 | $941 |
Other Counties in Alaska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lake and Peninsula Borough | $237,500 | $936 | 65.4% |
| Hoonah-Angoon Census Area | $262,800 | $1,014 | 72.0% |
| Prince of Wales-Hyder Census Area | $225,300 | $964 | 70.6% |
| Yakutat City and Borough | $219,400 | $1,330 | 56.3% |
| North Slope Borough | $218,300 | $1,254 | 49.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).