Bristol Bay Borough Area Home Supply Charts

This page looks at a variety of Bristol Bay Borough Alaska housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Bristol Bay Borough shows it has a Housing Units of 922 which is the smallest in terms of housing units of all the other counties in the local area.

Figure 2 illustrates the housing density in the Bristol Bay Borough housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Bristol Bay Borough shows it has a Housing Density of 1.8 which is the second most housing densities of all the counties in the greater Bristol Bay Borough region. The county with the highest housing density in the area is Kenai Peninsula Borough which shows a density of 2.0 (10.2% larger). Comparing housing density to the United States average of 39.5, Bristol Bay Borough is only about 4.6% the size. Also, compared with the state of Alaska, housing density of 0.6, Bristol Bay Borough is approximately 3.2 times bigger.

In Figure 4, Bristol Bay Borough area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Bristol Bay Borough shows it has a Housing Unit Change of -4.9% which is the second smallest when ranked by change in the housing units of all the other counties in the greater region. The county with the highest change in the housing units in the area is Aleutians East Borough which depicts a housing units of 49.0% ( markedly bigger). Comparing change in the housing units to the United States average of 7.4%, Bristol Bay Borough is about the same size. Also, compared with the state of Alaska, change in the housing units of 5.7%, Bristol Bay Borough is about the same size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Bristol Bay Borough shows it has a Renter Percent of 46.7% which is ranked #1 of all counties in the greater Bristol Bay Borough region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 53.3% which is the smallest in terms of owner percent of all the other counties in the greater region.

Bristol Bay Borough Home Cost Charts

Looking at the housing data provided in Figure 7, the average Bristol Bay Borough home price is illustrated for this community and a useful analysis of affordable housing. Bristol Bay Borough shows it has a Median Home Value of $234,000 which is the third most median home prices of all other counties in the greater Bristol Bay Borough region. The county with the highest median home price in the area is Kodiak Island Borough which depicts a home price of $311,100 (32.9% larger). Figure 8 provides aggregate comparative data for the Bristol Bay Borough Alaska metro area in terms of the median housing rental rate, apartment rent, etc. Bristol Bay Borough depicts it has a Median Gross Rent of $1,160 which is the third most rental rates of all other counties in the greater Bristol Bay Borough region. The county with the highest rental rates in the area is Kodiak Island Borough which shows a rental rates of $1,483 (27.8% larger). Comparing rental rates to the United States average of $1,163, Bristol Bay Borough is about the same size. Also, in comparison with the state of Alaska, rental rates of $1,279, Bristol Bay Borough is about 10.3% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Bristol Bay Borough has the percentage of home price worth less than $50,000 less than most other counties in the area at 9% of the total. Second, it has one of the largest proportions of home price worth between $50,000 to $100,000 at 29% of the total and is ranked #2. The only larger county being Aleutians East Borough with 41%. Third, it has the largest proportion of home price worth between $100,000 to $200,000 at 33% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Bristol Bay Borough shows it has a Median Owner Cost of $818 which is the third most median ownership cost of all other counties in the greater Bristol Bay Borough region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Bristol Bay Borough metro area. it has a Owner Cost as % of HH Income of 14% which is less than most other counties in the surrounding region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Bristol Bay Borough depicts it has a Median Home Value as Percent of Median Earnings of 381% which is the third most of all other counties in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Bristol Bay Borough indicates it has a Median Owner Costs-With Mortgage of $1,942 which is the third most of all other counties in the metropolitan area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $588 which is the third most median housing cost of all other counties in the greater Bristol Bay Borough region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Bristol Bay Borough has the percentage of owner cost less than $300 the second smallest in order of owner cost less than $300 of all the other counties in the metropolitan area at 6% of the total. Second, it has one of the largest proportions of owner cost between $300 and $500 at 21% of the total and is ranked #2. The only larger county being Aleutians East Borough with 26%. Third, it has the largest proportion of owner cost between $2,000 and $2,500 at 10% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Bristol Bay Borough depicts it has a % of Income Owner Costs-With Mortgage of 16% which is less than most other counties in the surrounding region. The county with the highest cost as a percent of household income in the area is Kodiak Island Borough which depicts a cost as a percent of household income of 23% (42.7% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Bristol Bay Borough depicts it has a % of Income Owner Costs-No Mortgage of 12% which is the second most cost as a percent of household income of all the counties in the greater Bristol Bay Borough region. The county with the highest cost as a percent of household income in the area is Kodiak Island Borough which shows a cost as a percent of household income of 13% (7.4% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Bristol Bay Borough has the percentage of rent as a percent of income is less than 10 pct in the center range of other counties in the greater region at 24% of the total. Second, it has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 2% of the total. Third, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 1% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Bristol Bay Borough has the largest proportion of housing cost between $2,000 and $2,500 at 5% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,214 which is the second most median real estate taxes paid of all the counties in the greater Bristol Bay Borough region. The county with the highest median real estate taxes paid in the area is Kodiak Island Borough which shows a taxes paid of $3,436 (55.2% larger). Comparing median real estate taxes paid to the United States average of $2,690, Bristol Bay Borough is about 21.5% smaller. Also, versus the state of Alaska, median real estate taxes paid of $3,464, Bristol Bay Borough is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Bristol Bay Borough Alaska has the largest proportion of rent between 750 and 1000 dollars at 36% of the total and is ranked #1. Second, it has the second smallest when ranked by rent less than 300 dollars of all the other counties in the metropolitan area when sorted by rent between 1000 and 1500 dollars at 12% of the total.

Bristol Bay Borough Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Bristol Bay Borough has the percentage of With HELOC no Primary Mortgage less than most other counties in the area at 65% of the total.

Bristol Bay Borough Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.2 which is the smallest in terms of family members per housing unit of all the other counties in the surrounding region. The county with the highest family members per housing unit in the area is Bethel Census Area which shows a family members per housing unit of 4.8 (49.3% larger). Comparing family members per housing unit to the United States average of 3.3, Bristol Bay Borough is only about 3.4% smaller. Also, compared to the state of Alaska, family members per housing unit of 3.5, Bristol Bay Borough is about 8.2% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 4.3 which is in the mid range of other counties in the metro area. The county with the highest average number of rooms in a house in the area is Aleutians East Borough which depicts an average number of rooms in a house of 5.4 (25.6% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1983 which is less than most other counties in the greater region. The county with the highest year built in the area is Bethel Census Area which depicts a year built of 1988 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2020 or later the second smallest in terms of homes built in 2020 or later of all the other counties in the greater region at 1% of the total. Second, it has the second smallest in order of homes built in 2020 or later of all the other counties in the metropolitan area in order of homes built between 2010 to 2019 at 9% of the total. Third, it has the largest proportion of homes built between 2000 to 2009 at 25% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1990 to 1999 at 23% of the total. In addition, it has the largest proportion of homes built between 1980 to 1989 at 25% of the total and is ranked #1. Furthermore, it has one of the largest proportions of homes built between 1940 to 1949 at 4% of the total and is ranked #2. The only larger county being Aleutians East Borough with 7%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units the second smallest in terms of owner-occupied housing units of all the other counties in the surrounding region at 147 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 3 or 4 units at 6% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2010 to 2019 the second smallest in terms of value of homes built 2020 or later of all the other counties in the local area at $120,800 of the total. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $215,000 of the total and is ranked #3. Only #2 Kenai Peninsula Borough ($254,100), and #1 Kodiak Island Borough ($401,500) are larger. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $286,100 of the total and is ranked #2. The only larger county being Kodiak Island Borough with $329,200. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $212,500 of the total and is ranked #3. Only #2 Kenai Peninsula Borough ($223,100), and #1 Kodiak Island Borough ($257,800) are larger. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $250,000 of the total and is ranked #1. Furthermore, it has one of the largest proportions of value of homes built 1950 to 1959 at $216,700 of the total and is ranked #2. The only larger county being Kodiak Island Borough with $252,900. Next it has one of the largest proportions of value of homes built 1940 to 1949 at $106,300 of the total and is ranked #3. Only #2 Kenai Peninsula Borough ($216,000), and #1 Dillingham Census Area ($266,100) are larger.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 66% of the total and is ranked #2. The only larger county being Lake and Peninsula Borough with 77%.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Bristol Bay Borough residents. it has a Owner-Household Size of 2.8 which is less than most other counties in the local area. The county with the highest homeowner household size in the area is Bethel Census Area which depicts a homeowner household size of 4.4 (57.4% larger).

Figure 37 shows the household size for renters. Bristol Bay Borough shows it has a Renter-Household Size of 2.0 which is the smallest in order of renter household size of all the other counties in the surrounding region. The county with the highest renter household size in the area is Bethel Census Area which shows a renter household sizes of 3.2 (60.7% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 25% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Bristol Bay Borough has the smallest proportion of renters moved in 2019 or later at 39% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 24% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2000 which is in the mid range of other counties in the metro area. Figure 41 compares the median year that renters moved into their home. Bristol Bay Borough shows it has a Renter Median Year Moved In of 2016 which is the third most of all other counties in the metropolitan area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 0% of the total. Second, it has the largest proportion of home using electricity at 94% of the total and is ranked #1. Third, it has the second smallest when ranked by homes using natural gas of all the other counties in the local area when ranked by homes using coal or coke at 3% of the total. Also, it has the largest proportion of homes using solar energy at 1% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Bristol Bay Borough housing department, Alaska department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Bristol Bay Borough shows it has a Total In Group Quarters of 88 which is the smallest in terms of total people living in group quarters of all the other counties in the local area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Bristol Bay Borough residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Bristol Bay Borough has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.