Total monthly cost of ownership
Cost to Own a Home in Delta Junction, Alaska
A $269,000 home here costs
$2,376per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $102,000 a year.
A standard mortgage calculator would have told you $1,467. The real number is $910 higher every month, 62% more than the payment most buyers budget for.
Compare Southeast Fairbanks Census Area with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Delta Junction from a five-year rolling sample, and with about 1,154 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Southeast Fairbanks Census Area figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Delta Junction against Southeast Fairbanks Census Area and Alaska
| Measure | Delta Junction | Southeast Fairbanks Census Area |
|---|---|---|
| Median home value | $268,700 | $262,800 |
| Median property tax | $4,500 | $1,871 |
| Effective tax rate | 1.675% | 0.712% |
| Median gross rent | $1,155 | $1,304 |
| Population | 1,154 | 6,936 |
The weather behind that power bill
Delta Junction sits in Southeast Fairbanks Census Area, which averages a high of 71.5°F in its hottest month and a low of -22.1°F in its coldest, with 11.27" of precipitation a year and 62% of it in a single three-month stretch. That climate drives 19 cooling and 14,679 heating degree days, which is what sets the $170 electricity line above.
See the full climate breakdown for Southeast Fairbanks Census Area , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Southeast Fairbanks Census Area
Full Southeast Fairbanks Census Area cost breakdown · Every county in Alaska
Talk to someone who works this market
These are Delta Junction averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Delta Junction every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Delta Junction I already own here and may sell
Common questions
How much does it cost to own a home in Delta Junction?
A $269,000 home in Delta Junction, Alaska costs approximately $2,376 per month with 20% down at 7.24%. That is $1,467 principal and interest, $375 property tax, $72 homeowners insurance, $238 utilities and $224 set aside for maintenance.
What is the property tax rate in Delta Junction?
Delta Junction has an effective property tax rate of 1.675%, based on a median home value of $268,700 and median real estate taxes of $4,500. That is higher than the Southeast Fairbanks Census Area average of 0.712%.
What is the average home price in Delta Junction?
The median owner-occupied home value in Delta Junction, Alaska is $268,700, against $262,800 across Southeast Fairbanks Census Area.
Is it cheaper to rent or buy in Delta Junction?
Median gross rent in Delta Junction is $1,155 a month, against $2,376 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Delta Junction?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Delta Junction, Alaska at today's rate takes a household income of roughly $102,000 a year. That covers the full $2,376 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Delta Junction, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Alaska.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.