Prince of Wales-Hyder Census Area, Alaska Housing Market
In Prince of Wales-Hyder Census Area, Alaska, the median home value is $225,300, with a median monthly rent of $964. This places Prince of Wales-Hyder Census Area at #1125 nationally out of 3134 counties by median home value, and #21 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: $1,088
- Establishments: 180
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,863 (avg $75,342)
- Outflow: 1,701 (avg $76,684)
- IRS Statistics of Income
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| Metric | Prince of Wales-Hyder Census Area | Alaska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $225,300 | $283,493 | $227,706 |
| Median Gross Rent | $964 | $1,248 | $968 |
| Owner Occupancy Rate | 70.6% | 64.7% | 73.3% |
| Price/Rent Ratio | 19.5 | 19.0 | 18.7 |
Market Analysis
The median home value in Prince of Wales-Hyder Census Area is 20.5% below the Alaska state average and 1.1% below the U.S. national average. The median rent of $964/month is 22.8% below the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Prince of Wales-Hyder Census Area is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Prince of Wales-Hyder Census Area has an owner-occupancy rate of 70.6%, 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 |
|---|---|---|---|
| Lewis County | Idaho | $225,300 | $737 |
| Itasca County | Minnesota | $225,200 | $988 |
| Floyd County | Virginia | $225,400 | $878 |
| Anderson County | Kentucky | $225,100 | $927 |
| Macon County | Tennessee | $225,700 | $846 |
Other Counties in Alaska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Yakutat City and Borough | $219,400 | $1,330 | 56.3% |
| North Slope Borough | $218,300 | $1,254 | 49.1% |
| Lake and Peninsula Borough | $237,500 | $936 | 65.4% |
| Nome Census Area | $211,200 | $1,394 | 66.8% |
| Bristol Bay Borough | $245,800 | $1,317 | 53.6% |
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).