Yukon-Koyukuk Census Area Real Estate and Livability Trends
In Yukon-Koyukuk Census Area, Alaska, home values have fluctuated significantly, peaking at $90,800 in 2016, dipping to $74,700 in 2020, and recovering to $86,600 in 2022. These variations diverge from Alaska’s steadier statewide median home values. Residential energy tax credits spiked from $200.00 per tax return in 2013 to $800.00 in 2016, signaling a growing focus on energy efficiency. Real... Read more
Yukon-Koyukuk Census Area Market Trends
Home values in Yukon-Koyukuk Census Area, Alaska, have shown considerable volatility over the past eight years, peaking at $90,800 in 2016 and dipping to $74,700 in 2020 before recovering to $86,600 in 2022. This fluctuation contrasts sharply with Alaska's statewide median home values, which climbed steadily from $250,000 in 2015 to $318,000 in 2022. Interestingly, residential energy tax credits... Read more
Median Value of Occupied Housing Units in Yukon-Koyukuk Census Area, Alaska Over the Last 8 Years
The median home values in Yukon-Koyukuk Census Area, Alaska have experienced a mixed trend over the past eight years. Starting at $88,800 in 2015, the value peaked slightly in 2016 at $90,800 before declining to a low of $74,700 in 2020 and rebounding to $86,600 in 2022. Compared to Alaska's state-level median, which consistently rose from $250,000 in 2015 to $318,000 in 2022, and the national trend jumping from $125,500 to $179,400 over the same period, Yukon-Koyukuk's market seems relatively volatile and significantly lower in values. This variance could suggest different economic factors at play, making it an intriguing market for potential investors looking for lower entry prices or speculative gains.
Residential Energy Tax Credit Per Tax Return in Yukon-Koyukuk Census Area, AK Over the Last 3 Years
Yukon-Koyukuk Census Area, Alaska has seen a striking increase in residential energy tax credits over the past few years. From $200.00 per tax return in 2013 to $800.00 in 2016, this upward trend indicates a growing emphasis on energy efficiency. For investors or property developers, this signals potential incentives and opportunities in sustainable development and energy-saving technologies. Current residents or those considering moving can benefit from enhanced energy savings and tax advantages.
Average Real Estate Taxes Per Tax Return in Yukon-Koyukuk Census Area, AK Over the Last 6 Years
Real estate taxes per tax return in Yukon-Koyukuk Census Area, Alaska have shown fluctuations over the last six years, with a notable dip in 2014 to $2,375.00 from a peak of $2,875.00 in 2013. However, since then, there's been a general upward trend, reaching around $3,200.00 by 2017. This inconsistency might indicate variability in property values or tax policy changes, providing a potential consideration for investors and residents analyzing the area’s economic stability and long-term tax implications.
Number of Mortgages by Occupancy Type in Yukon-Koyukuk Census Area, AK Over the Last 5 Years in Yukon-Koyukuk Census Area
Over the last five years, the Yukon-Koyukuk Census Area in Alaska has seen varying mortgage counts across different occupancy types. Principal Residence mortgages dominated, particularly in 2018 and 2021, with counts peaking at 38 in 2021. Investment Properties consistently saw minimal mortgage activity, hovering around one per year. Second Residences showed sporadic activity, with counts between one and three mortgages. Shifts in occupancy types matter as they can signal changing economic conditions and investment appeal. For investors and potential residents, an increase in Principal Residence mortgages might suggest growing confidence in long-term stability and desirability of the area. Real estate agents, appraisers, and builders may want to note these trends for targeted marketing, property valuation, and development opportunities. Insurers could also adjust coverage strategies based on the occupancy type distribution.
Economic Outlook
In Yukon-Koyukuk Census Area, Alaska, the average taxable income per tax return has generally increased from $33,626.95 in 2013 to $43,358.74 in 2021, hinting at economic improvement and potential financial stability. However, the average total tax liability per tax return has been inconsistent, peaking at $5,459.51 in 2016 and dipping to $4,585.28 in 2014, suggesting varying economic dynamics. These trends could be of particular interest to potential residents, investors, and property... Read more
Average Taxable Income per Tax Return in Yukon-Koyukuk Census Area, AK over the last 9 years
Over the past nine years, the average taxable income per tax return in Yukon-Koyukuk Census Area, AK has shown a general increase, with notable growth from $33,626.95 in 2013 to $43,358.74 in 2021. This upward trend indicates economic improvement, which may appeal to potential new residents and current inhabitants by suggesting better financial stability and growth potential within the area.
Average Total Tax Liability Per Tax Return in Yukon-Koyukuk Census Area, AK Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Yukon-Koyukuk Census Area, Alaska, has shown notable fluctuations, peaking in 2016 at $5459.51 and dipping in 2014 at $4585.28. These variations suggest a mix of economic activities and external influences affecting the residents' tax obligations. For potential investors and future residents, understanding these trends is crucial as it highlights the economic stability and potential fiscal challenges within the region. Property developers and business planners would also benefit from these insights to better align their strategies with the local tax landscape.
Cost of Living in Yukon-Koyukuk Census Area
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,351 | $1,798 | $2,739 | $1,541 | $1,261 |
| 1 adult 4 children | $1,351 | $1,468 | $2,119 | $1,541 | $1,363 |
| 2 adults 3 children | $1,351 | $1,469 | $2,364 | $1,541 | $995 |
| 1 adult 3 children | $1,351 | $1,199 | $1,744 | $1,541 | $1,075 |
| 2 adults 2 children | $957 | $1,202 | $1,989 | $1,345 | $762 |
| 1 adult 2 children | $957 | $898 | $1,369 | $1,345 | $716 |
| 2 adults 1 child | $957 | $950 | $1,614 | $708 | $688 |
| 1 adult 1 child | $957 | $614 | $995 | $708 | $553 |
| 2 adults | $847 | $763 | $1,239 | $0 | $581 |
| 1 adult | $829 | $416 | $620 | $0 | $492 |
Demographics
The Yukon-Koyukuk Census Area in Alaska shows a notable male predominance with 2,046 males compared to 1,767 females. The educational distribution suggests a strong emphasis on high school education, though higher education attainment remains limited. The age demographics are relatively balanced, but there's a noticeable concentration in the under-10 and 55-64 age groups. Racially, the population is predominantly American Indian and Alaska Native, accounting for approximately three-quarters of... Read more
Race Distribution in Yukon-Koyukuk Census Area, Alaska (2022)
Educational Attainment in Yukon-Koyukuk Census Area, Alaska (2022)
Age Distribution in Yukon-Koyukuk Census Area, Alaska
Citizen Population in Yukon-Koyukuk Census Area, Alaska (2022)
School Data
In Yukon-Koyukuk Census Area, Alaska, the student-to-teacher ratio has typically hovered around 14 students per teacher, peaking at 15 in 2020 and dropping to 13 in 2019. This stable ratio, close to the national average, might indicate manageable class sizes that could appeal to families looking for personalized education. For real estate investors, this steadiness might suggest stable teacher employment and less educational strain, likely influencing local property values and attracting new... Read more
Student-to-teacher ratio in Yukon-Koyukuk Census Area, Alaska over the last 10 years
The student-to-teacher ratio in Yukon-Koyukuk Census Area, Alaska has seen fluctuations over the last decade, ranging from a low of 13 students per teacher in 2019 to a high of 15 in 2020, while generally hovering around 14 students per teacher, which aligns closely with the national average. For those considering investments or relocations, these ratios could imply manageable class sizes that may appeal to families prioritizing personalized attention in education. When compared to more crowded districts, the relatively stable ratio might suggest steadier teacher employment and less educational strain, potentially affecting local property values and the desirability of the area for new developments.
