Living in Halibut Cove, Alaska
Cost of living, income, home prices, rent and demographics of Halibut Cove · Census data 2020–2024
Halibut Cove has 167 residents with a median age of 40.2. The median household income is $87,981 (5% lower than the Alaska median), the median home value is $234,100.
Halibut Cove is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Halibut Cove at a glance
- Population
- 167
- Median age
- 40.2State: 35.8
- Median household income
- $87,981State: $92,788
- Median home value
- $234,100State: $352,900
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 40.8%
Is Halibut Cove a good place to live?
Pros: Home values 34% lower than the state median; a poverty rate of 6%.
Cons: Median household income 5% lower than the Alaska median.
The weather is best in May to August.
Cost of living in Halibut Cove
Housing is the biggest part of the cost of living. In Halibut Cove the median home value is $234,100, 30% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Halibut Cove median household income
The median household income in Halibut Cove is $87,981 and the income per person is $41,607. 6% of residents live below the poverty line (Alaska: 10.1%).
Housing in Halibut Cove: homes for sale and rent
- Housing units
- 180
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 69.4%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 3.04
69.4% of homes are vacant most of the year, a sign that Halibut Cove has many vacation and second homes.
Halibut Cove demographics
- Population
- 167
- Median age
- 40.2
- Under 18
- 28.1%
- 65 and older
- 6.6%
- Households
- 55
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Halibut Cove ›
Education in Halibut Cove
40.8% of adults 25 and older in Halibut Cove have a bachelor's degree or higher (Alaska: 31.7%), and 18.3% have a graduate or professional degree.
Jobs and commute in Halibut Cove
- Unemployment rate
- 0%State: 5.9%
- Average commute
- —State: 19 min
- Work from home
- 7.6%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 13.9%
- Homes with broadband
- 100%
Halibut Cove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Halibut Cove | 167 | $87,981 | $234,100 | — |
| Kachemak | 805 | $76,750 | $450,000 | $1,185 |
| Homer | 5,877 | $74,449 | $388,400 | $1,238 |
| Fritz Creek | 2,383 | $89,531 | $344,100 | $1,125 |
| Diamond Ridge | 1,329 | $87,500 | $344,400 | $1,273 |
| Seldovia Village | 213 | $76,875 | $205,000 | — |
| Seldovia | 202 | $89,583 | $197,200 | $583 |
| Anchor Point | 2,243 | $63,000 | $241,600 | $1,120 |
| Nikolaevsk | 245 | $60,750 | $253,300 | — |
More for people moving to Halibut Cove
Halibut Cove ZIP code ›Weather and climate ›Living in Halibut Cove: FAQ
What is the median household income in Halibut Cove, AK?
The median household income in Halibut Cove is $87,981, 5% lower 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 Halibut Cove?
The median home value in Halibut Cove is $234,100, compared with $352,900 in Alaska.
Is Halibut Cove, AK a good place to live?
Pluses: home values 34% lower than the state median; a poverty rate of 6%. Minuses: median household income 5% lower than the Alaska median.
What is the median age in Halibut Cove?
The median age in Halibut Cove is 40.2 years (Alaska: 35.8).
What is the unemployment rate in Halibut Cove?
The unemployment rate in Halibut Cove is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Halibut Cove?
40.8% of adults in Halibut Cove 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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