Alaska (AK) · No state income tax · Property tax: 0.84% · Median home (ZHVI): $360,000
As of · Sources: Zillow ZHVI, Tax Foundation, Census ACS, Freddie Mac PMMS
In Alaska, the median home price is $360,000 as of 2026, which directly determines your loan amount and monthly payment. Property taxes run 0.84% annually — about $3,024/year on a median-priced home — and are typically rolled into your monthly PITI payment. Homeowners insurance averages $1,680/year in Alaska, adding roughly $140/month to your total housing cost. Since Alaska has no state income tax, your full federal mortgage interest deduction applies without state-level complications.
Home value, monthly carrying cost, property tax, and insurance are the four levers for the mortgage payment calculator in Alaska. Every row cites a primary public dataset. Numbers reflect the most recent vintage available; refresh cadence is documented in the methodology.
Every real-estate number on this page runs through the same core identity: the monthly principal-and-interest payment on a fully amortizing fixed-rate loan is M = P · r / (1 − (1+r)^(−n)), where P is the loan principal, r is the monthly rate (annual rate / 12), and n is the term in months. For a typical Alaska buyer in 2026, P starts from an $360,000 median home value (Zillow ZHVI)[1], minus a standard 20% down payment.
On top of P&I the calculator adds the two Alaska-specific carrying costs: property tax at the state effective rate of 0.84%[2] and homeowners insurance at roughly $1,680/year (NAIC state average)[3]. The Freddie Mac PMMS national average 30-year fixed rate (6.30% (Freddie Mac PMMS · week of ))[4] drives the payment curve — Alaska rate quotes can move a few basis points around that number depending on lender, loan size, and credit band.
Calc-specific note: For a fully amortising 30-year fixed, plug Alaska's ZHVI minus 20% down into the M = P·r/(1−(1+r)^−n) identity — output is principal + interest only.
Worked example — Alaska
A Alaska buyer purchasing the median home at $360,000 with 20% down ($72,000) borrows $288,000. At the PMMS 6.30% 30-year fixed, monthly P&I is $1,783. Add $252/month property tax (0.84% effective rate) and the typical Alaska homeowners premium to reach full PITI.
Same formula, different inputs. Each city name links to its own pSEO page where the calculator is pre-filled with local medians.
| City | Median home | Median rent | HUD FMR 2BR | Median income | Est. P&I |
|---|---|---|---|---|---|
| Anchorage, AK | $414,591 | $1,713/mo | $1,575/mo | $95,918 | $2,053/mo |
Sources: Zillow ZHVI + ZORI[1], HUD FMR[2], Census ACS[3], Freddie Mac PMMS[4].
These calculators share inputs with the mortgage payment formula, so pair them to pressure-test your answer from multiple angles.
| Metric | Alaska | National Avg |
|---|---|---|
| Median Home Price | $360,000 | $420,000 |
| Property Tax Rate | 0.84% | 1.07% |
| State Income Tax | None | 4.6%* |
| Avg Insurance Cost | $1,680/yr | $1,544/yr |
| Cost of Living Index | 103.3 | 100 |
| Household Income — p25 | $46,546 | $41,401 |
| Household Income — p50 (median) | $90,222 | $83,592 |
| Household Income — p75 | $162,300 | $153,000 |
*Average of states that levy an income tax. 2026 estimates. Alaska is the only state with no state income tax AND no state sales tax.[3] Income percentiles from DQYDJ/Census CPS 2024[4].
Alaska has no state income tax AND no state sales tax — more of your income is available for mortgage payments than in most states.
The Alaska Housing Finance Corporation (AHFC) offers first-time buyer programs with down payment assistance and below-market rates.
Remote locations can make home inspections, appraisals, and contractor work significantly more expensive — budget 20-30% above Lower 48 estimates.
Many Alaska homes require specialized construction for permafrost, extreme cold, and seismic activity — these factors affect insurance and maintenance costs.
Every number on this page reads from the same CalcFi data repository used by the Live Data pages below — the figures stay consistent.
Home Prices by State
Zillow ZHVI across all 50 states
Property Tax by State
Effective rate × ZHVI = annual bill
Household Income by State
FRED real median + percentile bands
Cost of Living by State
BEA RPP all-items + housing
No-Income-Tax States
Full list + trade-offs
Current Interest Rates
Treasury curve + PMMS + FDIC
CalcFi pSEO pages combine three inputs: (1) the calculator formula itself, which runs client-side so no inputs leave your browser; (2) state-level financial constants from primary public datasets; and (3) national benchmarks for comparison. The Alaska page uses the property tax rate (0.84%), median home price ($360,000), and no state income tax from the sources listed below.
Refresh cadence:state tax brackets and minimum wage rates are reviewed annually after each state's legislative session. Property tax, median home price, insurance, and cost-of-living figures are reviewed annually against the primary sources. Income percentiles are refreshed when the Census CPS/IPUMS releases update (typically September). Page-level dateModified matches the last editorial review date, shown above.
Known limits: statewide averages mask large intra-state variance — county-level property tax and metro-level home prices differ significantly from the figures shown. For the most precise calculations, cross-check the output against your actual county assessor and the latest federal/state tax tables at filing time.
Use Mortgage Payment Calculator for any city in Alaska.
Every number on this page cites a primary public dataset. Last reviewed (auto-bumped by the next ISR refresh after an ETL run).
CalcFi does not sell data. If you spot an error, email hello@calcfi.app with the URL and the correct figure.