Total monthly cost of ownership
Cost to Own a Home in Wrangell city and, Alaska
A $290,000 home here costs
$2,288per 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 $98,000 a year.
A standard mortgage calculator would have told you $1,581. The real number is $707 higher every month, 45% more than the payment most buyers budget for.
Compare Wrangell City and Borough with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Wrangell city and from a five-year rolling sample, and with about 2,106 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 Wrangell City and Borough 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.
Wrangell city and against Wrangell City and Borough and Alaska
| Measure | Wrangell city and | Wrangell City and Borough |
|---|---|---|
| Median home value | $289,700 | $289,700 |
| Median property tax | $1,795 | $1,795 |
| Effective tax rate | 0.620% | 0.620% |
| Median gross rent | $1,047 | $1,047 |
| Population | 2,106 | 2,106 |
The weather behind that power bill
Wrangell city and sits in Wrangell City and Borough, which averages a high of 61.7°F in its hottest month and a low of 27.2°F in its coldest, with 110.19" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1 cooling and 8,018 heating degree days, which is what sets the $170 electricity line above.
See the full climate breakdown for Wrangell City and Borough , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wrangell City and Borough
No other places of this size are published in Wrangell City and Borough.
Full Wrangell City and Borough cost breakdown · Every county in Alaska
Talk to someone who works this market
These are Wrangell city and 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 Wrangell city and every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Wrangell city and I already own here and may sell
Common questions
How much does it cost to own a home in Wrangell city and?
A $290,000 home in Wrangell city and, Alaska costs approximately $2,288 per month with 20% down at 7.24%. That is $1,581 principal and interest, $150 property tax, $78 homeowners insurance, $238 utilities and $242 set aside for maintenance.
What is the property tax rate in Wrangell city and?
Wrangell city and has an effective property tax rate of 0.620%, based on a median home value of $289,700 and median real estate taxes of $1,795. That is in line with the Wrangell City and Borough average of 0.620%.
What is the average home price in Wrangell city and?
The median owner-occupied home value in Wrangell city and, Alaska is $289,700, against $289,700 across Wrangell City and Borough.
Is it cheaper to rent or buy in Wrangell city and?
Median gross rent in Wrangell city and is $1,047 a month, against $2,288 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 Wrangell city and?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Wrangell city and, Alaska at today's rate takes a household income of roughly $98,000 a year. That covers the full $2,288 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wrangell city and, 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.