Kusilvak Census Area Real Estate and Livability Trends
Kusilvak Census Area, Alaska, has seen average taxable income grow from $23,734.05 in 2014 to $26,315.93 in 2021, indicating either rising economic opportunities or inflation-adjusted gains. The median home values have fluctuated, hitting a low of $66,200 in 2021 before recovering to $82,200 in 2022, yet still remain significantly lower than the Alaska state median of $318,000. While real estate... Read more
Kusilvak Census Area Market Trends
Median home values in Kusilvak Census Area, Alaska, hit a low of $66,200 in 2021 before recovering slightly to $82,200 in 2022, suggesting fluctuating but generally lower housing costs compared to the Alaska state median of $318,000 and the national average of $179,400. Meanwhile, real estate taxes have steadily increased, climbing from $2,100.00 in 2014 to $2,600.00 in 2017, hinting at possible... Read more
Median Value of Occupied Housing Units in Kusilvak Census Area, Alaska Over the Last 8 Years
Over the last eight years, median home values in Kusilvak Census Area, Alaska, have seen a fluctuating yet downward trend, hitting a low of $66,200 in 2021 before recovering slightly to $82,200 in 2022. Comparatively, the state of Alaska and the national average have generally maintained an upward trajectory, with Alaska reaching $318,000 and the national average $179,400 in 2022. This contrast could suggest that Kusilvak Census Area offers more affordable housing opportunities, which might be appealing for potential homeowners or investors seeking lower entry costs.
Average Real Estate Taxes Per Tax Return in Kusilvak Census Area, AK Over the Last 2 Years
Kusilvak Census Area, Alaska has seen a noticeable increase in average real estate taxes per tax return over a span of three years, moving from $2,100.00 in 2014 to $2,600.00 in 2017. This upward trend could reflect a potentially growing appeal of the area, increased property valuations, or shifts in local tax policies. For investors and prospective residents, this trend hints at the region's evolving economic landscape, underscoring the importance of staying informed about property-related costs when making decisions.
Number of Mortgages by Occupancy Type in Kusilvak Census Area, AK Over the Last 5 Years in Kusilvak Census Area
Shifts in the number of principal residence mortgages in Kusilvak Census Area, Alaska, indicate fluctuating housing demand over the past five years, peaking at 7 in 2022. Changes in occupancy type, like a rise in principal residence mortgages, likely reflect increased local confidence in the housing market, potentially driven by economic factors or demographic shifts. These insights are crucial for investors, appraisers, or real estate agents, as high demand for primary residences often signals a stable or growing community, affecting property values and market stability.
Economic Outlook
Kusilvak Census Area, Alaska, has experienced a general upward trend in average taxable income per tax return over the past eight years, climbing from $23,734.05 in 2014 to $26,315.93 by 2021. This suggests growing economic opportunities or inflation-adjusted earnings, making it increasingly appealing for potential residents or investors. Additionally, the average total tax liability per tax return has remained relatively stable, hovering around $2,500 to $3,000. This combination of growing... Read more
Average Taxable Income per Tax Return in Kusilvak Census Area, AK over the last 8 years
Over the past eight years, the average taxable income per tax return in Kusilvak Census Area, AK has shown a fluctuating yet upward trend. Starting at $23,734.05 in 2014, it dipped slightly in the following years but generally climbed to $26,315.93 by 2021. This increase in average taxable income could signal growing economic opportunities or inflation-adjusted earnings, making Kusilvak more appealing for those considering moving to or investing in the area.
Average Total Tax Liability Per Tax Return in Kusilvak Census Area, AK Over the Last 8 Years
Over the last eight years, Kusilvak Census Area, Alaska has seen fluctuations in average total tax liability per tax return, ranging from a high of $3,109.74 in 2017 to a low of $2,544.38 in 2015. Despite these variations, tax liabilities consistently hover around the $2,500 to $3,000 mark, which indicates a relatively stable economic environment. For investors, this stability, coupled with manageable tax burdens, makes the area potentially attractive for long-term investments. Those looking to move to or build property in Kusilvak can expect predictable and moderate tax expenses, providing a clear financial outlook.
Cost of Living in Kusilvak Census Area
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,111 | $1,922 | $2,739 | $1,483 | $1,285 |
| 1 adult 4 children | $1,111 | $1,570 | $2,119 | $1,483 | $1,360 |
| 2 adults 3 children | $1,111 | $1,570 | $2,364 | $1,483 | $1,004 |
| 1 adult 3 children | $1,111 | $1,282 | $1,744 | $1,483 | $1,054 |
| 2 adults 2 children | $913 | $1,285 | $1,989 | $1,295 | $822 |
| 1 adult 2 children | $913 | $960 | $1,369 | $1,295 | $773 |
| 2 adults 1 child | $913 | $1,016 | $1,614 | $682 | $737 |
| 1 adult 1 child | $913 | $656 | $995 | $682 | $584 |
| 2 adults | $694 | $816 | $1,239 | $0 | $595 |
| 1 adult | $640 | $445 | $620 | $0 | $469 |
Demographics
The Kusilvak Census Area in Alaska has a markedly higher number of males compared to females. The educational attainment reveals a substantial proportion of high school graduates, and a smaller percentage advancing to collegiate levels. Youth population is significant, with a notable distribution skewed towards younger age groups, suggesting a youthful demographic profile. Racially, the area is predominantly American Indian and Alaska Native, with minimal representation from other racial... Read more
Race Distribution in Kusilvak Census Area, Alaska (2022)
Educational Attainment in Kusilvak Census Area, Alaska (2022)
Age Distribution in Kusilvak Census Area, Alaska
Citizen Population in Kusilvak Census Area, Alaska (2022)
School Data
In Kusilvak Census Area, Alaska, the student-to-teacher ratio has fluctuated between 14 and 18 in the past eight years, peaking at 18 in 2023. This trend might suggest staffing challenges or increasing student enrollments, potentially impacting educational quality. Prospective residents and investors may find these factors relevant as they can affect property values and community resources, with implications for appraisers and insurance agents considering regional stability and... Read more
Student-to-teacher ratio in Kusilvak Census Area, Alaska over the last 8 years
In Kusilvak Census Area, Alaska, the student-to-teacher ratio has fluctuated from 14 to 18 over the past eight years, occasionally hovering around the national average of 14 students per teacher. Notably, the ratio saw a significant increase in recent years, peaking at 18 in 2023. This spike could hint at underlying issues such as staffing challenges or rising student enrollments, potentially impacting educational quality. Such trends matter to prospective residents and investors as they directly affect the area's attractiveness, property values, and community resources. Higher ratios might indicate overburdened educators and could influence decisions made by appraisers and insurance agents due to the broader implications on regional stability and growth.
