Denali Borough Real Estate and Livability Trends
Denali Borough, Alaska, has experienced significant changes in median home values, climbing from $190,200 in 2015 to $233,700 in 2020 before settling at $227,000 in 2022. This contrasts with Alaska’s more gradual rise to $318,000, signaling unique local market dynamics. Meanwhile, real estate taxes have increased, peaking at $3,216.67. With a noticeable shift toward mortgages for Principal... Read more
Denali Borough Market Trends
Denali Borough, Alaska, has seen its median home values fluctuate significantly, moving from $190,200 in 2015 to peaks like $233,700 in 2020, ending at $227,000 in 2022. This variability contrasts with a steady national increase and Alaska’s gradual rise from $250,000 to $318,000. Over the past six years, real estate taxes have gradually risen, peaking at $3,216.67, which could be tied to... Read more
Median Value of Occupied Housing Units in Denali Borough, Alaska Over the Last 8 Years
Over the last eight years, Denali Borough, Alaska, has experienced fluctuations in median home values, with a significant rise from $190,200 in 2015 to peaks like $233,700 in 2020, and then ending at $227,000 in 2022. This variability contrasts with the steady upward trend seen nationally, where the median value climbed from $125,500 in 2015 to $179,400 in 2022. Compared to Alaska's overall market, where values gradually increased from $250,000 to $318,000 over the same period, Denali Borough presents an intriguing mix of affordability and potential volatility that could appeal to opportunistic investors and those looking for more affordable housing options in the state.
Average Real Estate Taxes Per Tax Return in Denali Borough, AK Over the Last 6 Years
Over the past six years, real estate taxes in Denali Borough, Alaska have shown a noticeable upward trend, peaking at $3,216.67 in 2015 and holding relatively steady around $3,185.71 in 2017. This gradual increase could reflect rising property values or increased assessments in the area, making Denali Borough an intriguing option for potential investors or those considering relocation. Buyers and current residents might find these figures essential for long-term financial planning or property development considerations.
Number of Mortgages by Occupancy Type in Denali Borough, AK Over the Last 5 Years in Denali Borough
Over the past five years in Denali Borough, Alaska, there has been a noticeable tilt towards mortgages for Principal Residences, with sporadic but relatively low activity for Investment and Second Residences. Principal Residences have seen fluctuations, peaking in 2020 and tapering since. The sparse numbers in Second and Investment properties underscore a preference for primary living spaces over possible income-generating or vacation properties. This trend may hint at stable long-term investment potential for primary homes but a cautionary approach for those eyeing rental income or vacation homes. For real estate agents, insurance adjusters, and potential buyers, understanding these preference shifts can inform better decision-making aligned with local market dynamics.
Economic Outlook
Denali Borough, Alaska has witnessed notable fluctuations in average taxable income per tax return, peaking at $82,785.05 in 2021 – a sign of improving economic health and earning potential. However, state and local income taxes have been quite volatile, spiking from $575.00 in 2014 to $1950.00 in 2017, necessitating careful financial planning. Coupled with variations in total tax liability, which climbed to $11,200.00 in 2021, these trends underscore a dynamic economic landscape that both... Read more
Average Taxable Income per Tax Return in Denali Borough, AK over the last 9 years
Over the last nine years, Denali Borough, AK has experienced fluctuations in average taxable income per tax return, with notable increases in certain periods. After a steady rise from 2013’s $62,016.67 to 2014’s $68,778.26, the trend shows variances with slight dips in 2015 and 2016. From 2017 onwards, a general upward trajectory is evident, peaking significantly in 2021 at $82,785.05. This growth indicates an overall improvement in the economic health and earning potential for the residents, making the borough an increasingly attractive location for potential movers looking for economic opportunities.
Average State and Local Income Taxes Per Tax Return in Denali Borough, AK Over the Last 6 Years
Denali Borough, AK, has experienced significant fluctuations in state and local income taxes per tax return over the past six years. Starting at $1180.00 in 2012, taxes declined to $575.00 by 2014 and further dipped to $466.67 in 2015. However, there was a sharp increase, reaching $1400.00 in 2016 and peaking at $1950.00 in 2017. These variations could impact financial planning for current residents and those considering moving to the area, as tax rates have shown to be quite volatile.
Average Total Tax Liability Per Tax Return in Denali Borough, AK Over the Last 10 Years
Over the past decade, Denali Borough, Alaska has seen fluctuations in average total tax liability per tax return, peaking at $11,200.00 in 2021 after a low of $8,076.34 in 2020. The general trend reflects economic variability and can signal both challenges and opportunities for investors and residents, highlighting periods of higher income tax burdens which may correlate with economic performance. For those considering moving or investing here, understanding these trends is crucial for financial planning and assessing the region’s economic health.
Cost of Living in Denali Borough
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,772 | $1,798 | $2,739 | $1,825 | $1,510 |
| 1 adult 4 children | $1,772 | $1,468 | $2,119 | $1,825 | $1,612 |
| 2 adults 3 children | $1,772 | $1,469 | $2,364 | $1,825 | $1,227 |
| 1 adult 3 children | $1,772 | $1,199 | $1,744 | $1,825 | $1,340 |
| 2 adults 2 children | $1,456 | $1,202 | $1,989 | $1,593 | $987 |
| 1 adult 2 children | $1,456 | $898 | $1,369 | $1,593 | $989 |
| 2 adults 1 child | $1,456 | $950 | $1,614 | $839 | $838 |
| 1 adult 1 child | $1,456 | $614 | $995 | $839 | $733 |
| 2 adults | $1,106 | $763 | $1,239 | $0 | $642 |
| 1 adult | $1,021 | $416 | $620 | $0 | $541 |
Demographics
Denali Borough, Alaska, shows intriguing demographic patterns. The gender distribution is notably imbalanced with significantly more males than females. Educational attainment suggests a substantial portion of adults possess at least a high school diploma, and nearly as many have bachelor's or higher degrees, highlighting an educated populace. Age-wise, the borough skews younger, with a concentration in the 35 to 44 years range. Racially, it is predominantly White, with small representations of... Read more
Race Distribution in Denali Borough, Alaska (2022)
Educational Attainment in Denali Borough, Alaska (2022)
Age Distribution in Denali Borough, Alaska
Citizen Population in Denali Borough, Alaska (2022)
School Data
In Denali Borough, Alaska, the student-to-teacher ratio has fluctuated significantly over the past decade, peaking at 69 students per teacher in 2014 and dropping to 43 in 2019. Although there's been some improvement, these ratios remain well above the national average of 14 students per teacher. This disparity could affect the quality of education and individual attention students receive, which might influence real estate values and the attractiveness of the area for families who prioritize... Read more
Student-to-teacher ratio in Denali Borough, Alaska over the last 10 years
In Denali Borough, Alaska, over the past 10 years, the student-to-teacher ratio fluctuated, peaking at 69 students per teacher in 2014 and dipping as low as 43 in 2019. Despite some improvements, the ratio generally remains significantly higher than the national average of 14 students per teacher. This high ratio can potentially impact the quality of education and individual student attention. For anyone looking to invest in, move to, or assess educational services in Denali Borough, understanding these ratios might suggest greater need for educational resources and staff, potentially influencing real estate values and the attractiveness of the location for families prioritizing education.
