Living in Nanwalek, Alaska
Cost of living, income, home prices, rent and demographics of Nanwalek · Census data 2020–2024
Nanwalek has 199 residents with a median age of 19.6. The median household income is $69,107 (26% lower than the Alaska median), the median home value is $131,300.
Nanwalek is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nanwalek at a glance
- Population
- 199
- Median age
- 19.6State: 35.8
- Median household income
- $69,107State: $92,788
- Median home value
- $131,300State: $352,900
- Homeowners
- 61.3%
- Bachelor's degree or higher
- 9%
- Average commute
- 6 min
Is Nanwalek a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 6 minutes.
Cons: Median household income 26% lower than the Alaska median; unemployment of 12%; a poverty rate of 14.1%.
The weather is best in May to August.
Cost of living in Nanwalek
Housing is the biggest part of the cost of living. In Nanwalek the median home value is $131,300, 61% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $650 a month in housing costs.
Nanwalek median household income
The median household income in Nanwalek is $69,107 and the income per person is $17,262. 14.1% of residents live below the poverty line (Alaska: 10.1%).
Housing in Nanwalek: homes for sale and rent
- Housing units
- 55
- Owner-occupied
- 61.3%
- Renter-occupied
- 38.7%
- Vacant
- 43.6%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 6.42
43.6% of homes are vacant most of the year, a sign that Nanwalek has many vacation and second homes.
Nanwalek demographics
- Population
- 199
- Median age
- 19.6
- Under 18
- 34.2%
- 65 and older
- 7.5%
- Households
- 31
- Foreign-born
- 0%
- Veterans
- 0.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Nanwalek ›
Education in Nanwalek
9% of adults 25 and older in Nanwalek have a bachelor's degree or higher (Alaska: 31.7%), and 0% have a graduate or professional degree.
Jobs and commute in Nanwalek
- Unemployment rate
- 12%State: 5.9%
- Average commute
- 6 minState: 19 min
- Work from home
- 24.7%
- Drive alone
- 11%
- Public transit
- 0%
- Walk to work
- 39.7%
- Homes with broadband
- 80.6%
Nanwalek vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nanwalek | 199 | $69,107 | $131,300 | — |
| Seldovia | 202 | $89,583 | $197,200 | $583 |
| Seldovia Village | 213 | $76,875 | $205,000 | — |
| Homer | 5,877 | $74,449 | $388,400 | $1,238 |
| Diamond Ridge | 1,329 | $87,500 | $344,400 | $1,273 |
| Halibut Cove | 167 | $87,981 | $234,100 | — |
| Kachemak | 805 | $76,750 | $450,000 | $1,185 |
| Anchor Point | 2,243 | $63,000 | $241,600 | $1,120 |
| Nikolaevsk | 245 | $60,750 | $253,300 | — |
More for people moving to Nanwalek
Nanwalek ZIP code ›Weather and climate ›Living in Nanwalek: FAQ
What is the median household income in Nanwalek, AK?
The median household income in Nanwalek is $69,107, 26% 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 Nanwalek?
The median home value in Nanwalek is $131,300, compared with $352,900 in Alaska.
Is Nanwalek, AK a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 6 minutes. Minuses: median household income 26% lower than the Alaska median; unemployment of 12%; a poverty rate of 14.1%.
What is the median age in Nanwalek?
The median age in Nanwalek is 19.6 years (Alaska: 35.8).
How long is the commute in Nanwalek?
The average commute to work in Nanwalek is 6 minutes; 24.7% of workers work from home.
What is the unemployment rate in Nanwalek?
The unemployment rate in Nanwalek is 12% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nanwalek?
9% of adults in Nanwalek 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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