Housing

Alaska vs California: Home Value to Income Ratio

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

Alaska

AK · West

Winner

3.66x

Median home value divided by median household income.

California

CA · West

8.25x

Median home value divided by median household income.

Visual comparison

Alaska3.66x

California8.25x

Difference: 4.59x — Alaska 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

California #49 · 8.25x

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

#49

California

8.25x

Alaska ranks 22nd and California ranks 49th 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.

MetricAlaskaCalifornia

Median Home Value $316,400 $693,700 Median Household Income $86,533 $84,097 Property Tax Rate 1.11% 0.70% Rent-to-Income Ratio 18.7% 26.5%

What this means