Living in Point Hope, Alaska
Cost of living, income, home prices, rent and demographics of Point Hope · Census data 2020–2024
Point Hope has 832 residents with a median age of 26.2. The median household income is $74,844 (19% lower than the Alaska median), the median home value is $167,000, the median rent is $1,088/month.
Point Hope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Point Hope at a glance
- Population
- 832
- Median age
- 26.2State: 35.8
- Median household income
- $74,844State: $92,788
- Median home value
- $167,000State: $352,900
- Median rent
- $1,088/moState: $1,419
- Homeowners
- 54.6%
- Bachelor's degree or higher
- 3.2%
- Average commute
- 4 min
Is Point Hope a good place to live?
Pros: Home values 53% lower than the state median; an average commute of 4 minutes.
Cons: Median household income 19% lower than the Alaska median; unemployment of 26.1%; a poverty rate of 20%.
Cost of living in Point Hope
Housing is the biggest part of the cost of living. In Point Hope the median home value is $167,000, 50% lower than the U.S. median. Renters pay a median of $1,088 per month, which is 16.5% of household income. Homeowners with a mortgage pay — a month in housing costs.
Point Hope median household income
The median household income in Point Hope is $74,844 and the income per person is $24,701. 20% of residents live below the poverty line (Alaska: 10.1%).
Housing in Point Hope: homes for sale and rent
- Housing units
- 216
- Owner-occupied
- 54.6%
- Renter-occupied
- 45.4%
- Vacant
- 14.4%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 4.50
Point Hope demographics
- Population
- 832
- Median age
- 26.2
- Under 18
- 43.8%
- 65 and older
- 7.3%
- Households
- 185
- Foreign-born
- 0%
- Veterans
- 0.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Point Hope ›
Education in Point Hope
3.2% of adults 25 and older in Point Hope have a bachelor's degree or higher (Alaska: 31.7%), and 1.6% have a graduate or professional degree.
Jobs and commute in Point Hope
- Unemployment rate
- 26.1%State: 5.9%
- Average commute
- 4 minState: 19 min
- Work from home
- 2.8%
- Drive alone
- 13.3%
- Public transit
- 0%
- Walk to work
- 45%
- Homes with broadband
- 85.4%
More for people moving to Point Hope
Weather and climate ›Living in Point Hope: FAQ
What is the median household income in Point Hope, AK?
The median household income in Point Hope is $74,844, 19% 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 Point Hope?
The median home value in Point Hope is $167,000, compared with $352,900 in Alaska.
How much is rent in Point Hope?
The median gross rent in Point Hope is $1,088 per month, about 16.5% of household income.
Is Point Hope, AK a good place to live?
Pluses: home values 53% lower than the state median; an average commute of 4 minutes. Minuses: median household income 19% lower than the Alaska median; unemployment of 26.1%; a poverty rate of 20%.
What is the median age in Point Hope?
The median age in Point Hope is 26.2 years (Alaska: 35.8).
How long is the commute in Point Hope?
The average commute to work in Point Hope is 4 minutes; 2.8% of workers work from home.
What is the unemployment rate in Point Hope?
The unemployment rate in Point Hope is 26.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Point Hope?
3.2% of adults in Point Hope 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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