Chugach Census Area, Alaska Housing Market

In Chugach Census Area, Alaska, the median home value is $346,200, with a median monthly rent of $1,369. This places Chugach Census Area at #439 nationally out of 3134 counties by median home value, and #9 within Alaska.

Median Home Value $346,200
Median Rent $1,369/mo
Owner Occupancy 63.8%
Price/Rent Ratio 21.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,680
jobs (private sector)
  • Avg weekly wage: $1,541
  • Establishments: 352
  • BLS QCEW, 2025
🏗️

Housing Supply

23
new units authorized (2025)
  • Single-family: 11
  • Multi-family: 12
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+273
net migration (filers, 2021-2022)
  • Inflow: 2,850 (avg $87,168)
  • Outflow: 2,577 (avg $90,110)
  • IRS Statistics of Income

How Chugach Census Area Compares

MetricChugach Census AreaAlaska AverageU.S. Average
Median Home Value $346,200 $283,493 $227,706
Median Gross Rent $1,369 $1,248 $968
Owner Occupancy Rate 63.8% 64.7% 73.3%
Price/Rent Ratio 21.1 19.0 18.7

Market Analysis

The median home value in Chugach Census Area is 22.1% above the Alaska state average and 52.0% above the U.S. national average. The median rent of $1,369/month is 9.7% above the state average.

With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Chugach Census Area has an owner-occupancy rate of 63.8%, 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

CountyStateMedian Home ValueMedian Rent
Montgomery County Texas $346,200 $1,532
Anoka County Minnesota $346,500 $1,464
Warren County New Jersey $346,500 $1,409
Lawrence County South Dakota $346,500 $938
Matanuska-Susitna Borough Alaska $346,600 $1,299

Other Counties in Alaska

CountyMedian Home ValueMedian RentOwner Occ.
Matanuska-Susitna Borough $346,600 $1,299 77.2%
Kenai Peninsula Borough $323,200 $1,184 77.0%
Petersburg Borough $315,100 $950 65.7%
Ketchikan Gateway Borough $393,300 $1,505 68.6%
Fairbanks North Star Borough $298,200 $1,459 61.7%

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).