Living in McGrath, Alaska
Cost of living, income, home prices, rent and demographics of McGrath · Census data 2020–2024
McGrath has 255 residents with a median age of 39.1. The median household income is $59,063 (36% lower than the Alaska median), the median home value is $112,500, the median rent is $1,014/month.
McGrath is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
McGrath at a glance
- Population
- 255
- Median age
- 39.1State: 35.8
- Median household income
- $59,063State: $92,788
- Median home value
- $112,500State: $352,900
- Median rent
- $1,014/moState: $1,419
- Homeowners
- 74.8%
- Bachelor's degree or higher
- 18.5%
- Average commute
- 10 min
Is McGrath a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 10 minutes; unemployment of 1.3%; a poverty rate of 5.9%.
Cons: Median household income 36% lower than the Alaska median.
The weather is best in May to August.
Cost of living in McGrath
Housing is the biggest part of the cost of living. In McGrath the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $1,014 per month, which is 38.8% of household income. Homeowners with a mortgage pay $2,023 a month in housing costs.
McGrath median household income
The median household income in McGrath is $59,063 and the income per person is $42,696. 5.9% of residents live below the poverty line (Alaska: 10.1%).
Housing in McGrath: homes for sale and rent
- Housing units
- 193
- Owner-occupied
- 74.8%
- Renter-occupied
- 25.2%
- Vacant
- 30.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 1.89
30.1% of homes are vacant most of the year, a sign that McGrath has many vacation and second homes.
McGrath demographics
- Population
- 255
- Median age
- 39.1
- Under 18
- 18%
- 65 and older
- 24.3%
- Households
- 135
- Foreign-born
- 1.2%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of McGrath ›
Education in McGrath
18.5% of adults 25 and older in McGrath have a bachelor's degree or higher (Alaska: 31.7%), and 8.7% have a graduate or professional degree.
Jobs and commute in McGrath
- Unemployment rate
- 1.3%State: 5.9%
- Average commute
- 10 minState: 19 min
- Work from home
- 13.2%
- Drive alone
- 30.5%
- Public transit
- 0%
- Walk to work
- 15.2%
- Homes with broadband
- 65.9%
More for people moving to McGrath
McGrath ZIP code ›Weather and climate ›Living in McGrath: FAQ
What is the median household income in McGrath, AK?
The median household income in McGrath is $59,063, 36% 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 McGrath?
The median home value in McGrath is $112,500, compared with $352,900 in Alaska.
How much is rent in McGrath?
The median gross rent in McGrath is $1,014 per month, about 38.8% of household income.
Is McGrath, AK a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 10 minutes; unemployment of 1.3%; a poverty rate of 5.9%. Minuses: median household income 36% lower than the Alaska median.
What is the median age in McGrath?
The median age in McGrath is 39.1 years (Alaska: 35.8).
How long is the commute in McGrath?
The average commute to work in McGrath is 10 minutes; 13.2% of workers work from home.
What is the unemployment rate in McGrath?
The unemployment rate in McGrath is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McGrath?
18.5% of adults in McGrath 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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