How much do homeowners pay a month in King Cove, AK?
Homeowners with a mortgage in King Cove, AK pay a median of $1,250 (±$113) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $663 (±$231).
17.2% of owned homes carry a mortgage.
In King Cove, the median monthly cost with a mortgage went from $1,089 in 2015–2019 to $1,250 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,250 (±$113)
- Without a mortgage
- $663 (±$231)
- Owned with a mortgage
- 17.2%
Monthly owner costs in King Cove
| King Cove | Aleutians East Borough | Alaska | United States | |
|---|---|---|---|---|
| With a mortgage | $1,250 (±$113) | $1,308 (±$209) | $2,229 (±$21) | $1,963 |
| Without a mortgage | $663 (±$231) | $554 (±$55) | $690 (±$13) | $638 |
| Owned homes with a mortgage | 17.2% (±7.6 points) | 30.1% (±7.2 points) | 60.1% (±0.7 points) | 60.6% |
| Median real estate taxes (a year) | — | $200 or less | $3,901 (±$70) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In King Cove, the median cost with a mortgage is not measurably different from Aleutians East Borough ($1,308).
It is also lower than in Alaska ($2,229).
It is lower than the national figure ($1,963).
Statewide, it ranks 82 of 122.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in King Cove have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,089 (±$224) | $1,250 (±$113) | +14.8% | No measurable change after inflation |
| Median home value | $121,000 (±$11,421) | $99,800 (±$13,039) | −17.5% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about King Cove
What is the average mortgage payment in King Cove?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in King Cove, AK is $1,250 (±$113) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in King Cove?
Owners without a mortgage in King Cove pay a median of $663 (±$231) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in King Cove gone up?
In King Cove, the median monthly cost with a mortgage went from $1,089 in 2015–2019 to $1,250 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — King Cove city, Alaska
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — King Cove city, Alaska
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — King Cove city, Alaska
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — King Cove city, Alaska
- Median Value (B25077), 2015–2019 ACS 5-year estimates — King Cove city, Alaska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for King Cove city, Alaska (place:39410, in state:02).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in King Cove at a glance
- Renters and owners in King Cove
- Income and affordability in King Cove
- Home values in King Cove
- Types of homes in King Cove
- Bedrooms in King Cove
- Age of homes in King Cove
- Heating fuel in King Cove
- Commute and cars in King Cove
- Population growth in King Cove
- Alaska landlord and tenant rules
- Housing across Aleutians East Borough
- Housing data for every place in Alaska