Total monthly cost of ownership
Cost to Own a Home in Dillingham, Alaska
A $307,000 home here costs
$2,494per 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 $107,000 a year.
A standard mortgage calculator would have told you $1,674. The real number is $820 higher every month, 49% more than the payment most buyers budget for.
Compare Dillingham Census Area with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Dillingham from a five-year rolling sample, and with about 2,084 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 Dillingham 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.
Dillingham against Dillingham Census Area and Alaska
| Measure | Dillingham | Dillingham Census Area |
|---|---|---|
| Median home value | $306,800 | $163,800 |
| Median property tax | $2,925 | $2,875 |
| Effective tax rate | 0.953% | 1.755% |
| Median gross rent | $1,235 | $1,085 |
| Population | 2,084 | 4,780 |
The weather behind that power bill
Dillingham sits in Dillingham Census Area, which averages a high of 64.6°F in its hottest month and a low of 9.8°F in its coldest, with 21.44" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 3 cooling and 10,385 heating degree days, which is what sets the $170 electricity line above.
See the full climate breakdown for Dillingham Census Area , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dillingham Census Area
No other places of this size are published in Dillingham Census Area.
Full Dillingham Census Area cost breakdown · Every county in Alaska
Talk to someone who works this market
These are Dillingham 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 Dillingham every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dillingham I already own here and may sell
Common questions
How much does it cost to own a home in Dillingham?
A $307,000 home in Dillingham, Alaska costs approximately $2,494 per month with 20% down at 7.24%. That is $1,674 principal and interest, $244 property tax, $82 homeowners insurance, $238 utilities and $256 set aside for maintenance.
What is the property tax rate in Dillingham?
Dillingham has an effective property tax rate of 0.953%, based on a median home value of $306,800 and median real estate taxes of $2,925. That is lower than the Dillingham Census Area average of 1.755%.
What is the average home price in Dillingham?
The median owner-occupied home value in Dillingham, Alaska is $306,800, against $163,800 across Dillingham Census Area.
Is it cheaper to rent or buy in Dillingham?
Median gross rent in Dillingham is $1,235 a month, against $2,494 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 Dillingham?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dillingham, Alaska at today's rate takes a household income of roughly $107,000 a year. That covers the full $2,494 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dillingham, 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.