Housing

Alaska vs Arkansas: Home Value to Income Ratio

Arkansas has a lower home value to income ratio than Alaska.

Alaska

AK · West

3.66x

Median home value divided by median household income.

Arkansas

AR · South

Winner

2.96x

Median home value divided by median household income.

Visual comparison

Alaska3.66x

Arkansas2.96x

Difference: 0.70x — Arkansas leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for home value to income ratio.

Alaska #22 · 3.66x

Arkansas #7 · 2.96x

Best Worst

10 Best States — Home Value to Income Ratio

Lower is better

West Virginia

2.38x

Iowa

2.46x

Kansas

2.78x

Mississippi

2.87x

Ohio

2.93x

Nebraska

2.94x

Arkansas

2.96x

Kentucky

2.97x

North Dakota

2.98x

#10

Indiana

3.00x

Selected states

#22

Alaska

3.66x

Alaska ranks 22nd and Arkansas ranks 7th nationally for home value to income ratio.

Related context

Home Affordability Ratios

A price-to-income ratio above 4× is stretched; above 6× is considered severely unaffordable.

MetricAlaskaArkansas

Median Home Value $316,400 $154,200 Median Household Income $86,533 $52,123 Property Tax Rate 1.11% 0.55% Rent-to-Income Ratio 18.7% 20.3%

What this means