CALCMONEY // HOME AFFORDABILITY // AK // JUNEAU
How much house can you afford in Juneau? Based on local median home prices, current AK mortgage rates, and Juneau property tax data.
$380,000
$2,487/mo
$106,599/yr
$289,235
Monthly housing costs of $2,487 represent 34.7% of Juneau's median gross monthly income ($7,167/mo). At 34.7%, this slightly exceeds the 28% rule. Buyers need above-median income or a 25%+ down payment to qualify comfortably.
| Median Home Price | $380,000 |
| Down Payment (20%) | $76,000 |
| Loan Amount | $304,000 |
| Monthly PI Payment | $2,012 |
| Monthly Property Tax | $317 |
| Monthly Insurance Est. | $158 |
| Total Monthly PITI | $2,487 |
| Housing Cost % of Income | 34.7% |
| Required Income (28% rule) | $106,599/yr |
| Max Affordable Home | $289,235 |
$13,300
$3,162/mo
Juneau Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $380,000 | Juneau city median |
| Down Payment (20%) | $76,000 | Conventional loan |
| Monthly PITI | $2,487 | 6.95% rate, 30yr fixed |
| Required Income (28% rule) | $106,599 | Annual gross |
| Max Affordable Home | $289,235 | Based on median income |
| FHA Down (3.5%) | $13,300 | Minimum FHA |
| Housing Cost % of Income | 34.7% | Median income: $86,000/yr |
| Property Tax Rate | 1% | $3,800/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Juneau is $380,000, with a local 30-year mortgage rate of 6.95%. A buyer putting 20% down carries a loan of $304,000, generating a monthly P&I payment of $2,012. Adding property taxes ($317/mo) and homeowners insurance ($158/mo) brings total monthly PITI to $2,487.
Juneau's property tax rate of 1% is near the national average, adding a standard increment to monthly housing costs. On the Juneau median home, that is $317/month, or $3,800 per year.
Alaska has no state income tax, improving effective take-home pay for Juneau residents and giving buyers additional capacity relative to equally-priced homes in high-tax states.
Using the 28% rule, a household earning Juneau's median income of $86,000/year can afford up to $2,007/month in total housing costs. Based on Juneau's mortgage rate of 6.95% and property tax rate of 1%, that translates to a maximum affordable home price of approximately $289,235 with 20% down on a 30-year loan.
To afford the median Juneau home priced at $380,000, you need an annual gross income of approximately $106,599. Total monthly housing costs (principal and interest of $2,012, property taxes of $317, and insurance of $158) come to $2,487/month, which equals 28% of the required income.
At the median home price of $380,000 and median household income of $86,000, the total monthly housing cost of $2,487 represents 34.7% of gross monthly income. This slightly exceeds the standard 28% rule. Buyers will need above-median income or a larger down payment to stay within guidelines.
A conventional 20% down payment on the median Juneau home of $380,000 is $76,000. An FHA loan requires just 3.5% down — $13,300 — but adds mortgage insurance of roughly $260/month, bringing total FHA payments to $3,162/month.
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