Living in Butte, Alaska
Cost of living, income, home prices, rent and demographics of Butte · Census data 2020–2024
Butte has 4,085 residents with a median age of 42.2. The median household income is $101,042 (9% higher than the Alaska median), the median home value is $374,600, the median rent is $1,610/month.
Butte at a glance
- Population
- 4,085
- Median age
- 42.2State: 35.8
- Median household income
- $101,042State: $92,788
- Median home value
- $374,600State: $352,900
- Median rent
- $1,610/moState: $1,419
- Homeowners
- 82.9%
- Bachelor's degree or higher
- 33.7%
- Average commute
- 34 min
Is Butte a good place to live?
Pros: Median household income 9% higher than the Alaska median; unemployment of 3.6%; a poverty rate of 6.7%.
Cons: Home values 6% higher than the state median; an average commute of 34 minutes.
The weather is best in May to August.
Cost of living in Butte
Housing is the biggest part of the cost of living. In Butte the median home value is $374,600, 13% higher than the U.S. median. Renters pay a median of $1,610 per month, which is 27.1% of household income. Homeowners with a mortgage pay $2,284 a month in housing costs.
Butte median household income
The median household income in Butte is $101,042 and the income per person is $42,934. 6.7% of residents live below the poverty line (Alaska: 10.1%).
Housing in Butte: homes for sale and rent
- Housing units
- 1,561
- Owner-occupied
- 82.9%
- Renter-occupied
- 17.1%
- Vacant
- 8.9%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.87
Butte demographics
- Population
- 4,085
- Median age
- 42.2
- Under 18
- 23.7%
- 65 and older
- 16%
- Households
- 1,422
- Foreign-born
- 2.1%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Butte ›
Education in Butte
33.7% of adults 25 and older in Butte have a bachelor's degree or higher (Alaska: 31.7%), and 14.7% have a graduate or professional degree.
Jobs and commute in Butte
- Unemployment rate
- 3.6%State: 5.9%
- Average commute
- 34 minState: 19 min
- Work from home
- 13.5%
- Drive alone
- 68.3%
- Public transit
- 0.3%
- Walk to work
- 4.8%
- Homes with broadband
- 95.4%
Butte vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Butte | 4,085 | $101,042 | $374,600 | $1,610 |
| Knik River | 883 | $109,464 | $304,400 | $1,375 |
| Palmer | 6,268 | $72,201 | $294,900 | $1,125 |
| Gateway | 6,845 | $137,772 | $446,200 | $1,741 |
| Lazy Mountain | 1,459 | $101,667 | $352,800 | $980 |
| Farm Loop | 2,894 | $119,375 | $431,300 | $1,991 |
| Buffalo Soapstone | 739 | $68,750 | $289,300 | $791 |
| South Lakes | 6,180 | $98,141 | $377,500 | $1,178 |
| North Lakes | 10,223 | $101,679 | $357,600 | $1,441 |
More for people moving to Butte
Butte ZIP code ›Weather and climate ›Living in Butte: FAQ
What is the median household income in Butte, AK?
The median household income in Butte is $101,042, 9% higher than the Alaska median of $92,788 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Butte?
The median home value in Butte is $374,600, compared with $352,900 in Alaska.
How much is rent in Butte?
The median gross rent in Butte is $1,610 per month, about 27.1% of household income.
Is Butte, AK a good place to live?
Pluses: median household income 9% higher than the Alaska median; unemployment of 3.6%; a poverty rate of 6.7%. Minuses: home values 6% higher than the state median; an average commute of 34 minutes.
What is the median age in Butte?
The median age in Butte is 42.2 years (Alaska: 35.8).
How long is the commute in Butte?
The average commute to work in Butte is 34 minutes; 13.5% of workers work from home.
What is the unemployment rate in Butte?
The unemployment rate in Butte is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Butte?
33.7% of adults in Butte have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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