Holy Cross Alaska Area Home Supply Charts

This page looks at a variety of Holy Cross 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. Holy Cross depicts it has a Housing Units of 116 which is the second most housing units of all the places in the greater Holy Cross region.

Figure 2 illustrates the housing density in the Holy Cross housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Holy Cross depicts it has a Housing Density of 3.8 which is the smallest when sorted by housing density of all the other places in the metro area. The city with the highest housing density in the area is Lower Kalskag which depicts a density of 62.1 ( considerably bigger). Comparing housing density to the United States average of 39.5, Holy Cross is approximately a tenth the size. Also, in comparison with the state of Alaska, housing density of 0.6, Holy Cross is considerably bigger.

In Figure 3, Holy Cross area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Holy Cross depicts it has a Housing Unit Change of 34.9% which is more than all other places in the greater Holy Cross region. Comparing change in the housing units to the United States average of 7.4%, Holy Cross is approximately 4.7 times bigger. Also, compared to the state of Alaska, change in the housing units of 5.7%, Holy Cross is substantially bigger.

Figure 4 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.) Holy Cross shows it has a Renter Percent of 18.1% which is the smallest when sorted by renter percent of all the other places in the surrounding region. Figure 5 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 81.9% which is more than all other places in the local area.

Holy Cross Alaska Home Cost Charts

Figure 7 provides aggregate comparative data for the Holy Cross Alaska metro area in terms of the median housing rental rate, apartment rent, etc. Holy Cross shows it has a Median Gross Rent of $683 which is in the middle range of other places in the greater region. The city with the highest rental rates in the area is Aniak which depicts a rental rates of $1,375 (about twice as large). Comparing rental rates to the United States average of $1,163, Holy Cross is approximately half the size. Also, benchmarked against the state of Alaska, rental rates of $1,279, Holy Cross is approximately half the size.

Median owner costs for the real estate market are shown in Figure 8 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Holy Cross depicts it has a Median Owner Cost of $431 which is in the mid point range of other places in the local area. Figure 9 shows the median amount of cost as a percent of total household income for people who own homes in the Holy Cross metro area. it has a Owner Cost as % of HH Income of 17% which is the second most of all the places in the area. The next chart, Figure 10, 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. Holy Cross shows it has a Median Home Value as Percent of Median Earnings of 83% which is the smallest when ranked by median home value as a percent of median worker earnings of all the other places in the greater region.

Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 12. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Holy Cross shows it has a % of Income Owner Costs-No Mortgage of 17% which is the third most cost as a percent of household income of all other places in the greater Holy Cross region. The city with the highest cost as a percent of household income in the area is Chuathbaluk which depicts a cost as a percent of household income of 28% (59.0% larger).

Figure 13 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.) Holy Cross has the largest proportion of rent as a percent of income is between 10pct to 20pct at 41% of the total and is ranked #1.

Holy Cross Alaska Home Financing Charts

Figure 17 shows the proportion of houses with a mortgage versus those without a mortgage. Holy Cross has one of the largest proportions of houses with mortgages at 95% of the total and is ranked #2. The only larger city being Anvik with 100%.

Holy Cross Alaska Home Characteristics Charts

Figure 19 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 1982 which is the second smallest when ranked by year built of all the other places in the local area. The city with the highest year built in the area is Upper Kalskag which depicts a year built of 1992 ( about the same size).

Figure 20 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built between 2010 to 2019 at 6% of the total. Second, it has the largest proportion of homes built between 1980 to 1989 at 34% of the total and is ranked #1. Figure 21 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2015 to 2018 at 5% of the total. Second, it has the largest proportion of owners moved in 1990 to 1999 at 51% of the total and is ranked #1. Figure 22 shows the year that people who rent moved into the area. Holy Cross has one of the largest proportions of renters moved in 2019 or later at 53% of the total and is ranked #2. The only larger city being Chuathbaluk with 86%. Second, it has the largest proportion of renters moved in 1990 to 1999 at 16% of the total and is ranked #1.