Housing

Alaska vs Maine: Home Value to Income Ratio

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

Alaska

AK · West

Winner

3.66x

Median home value divided by median household income.

Maine

ME · Northeast

3.91x

Median home value divided by median household income.

Visual comparison

Alaska3.66x

Maine3.91x

Difference: 0.25x — 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

Maine #27 · 3.91x

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

#27

Maine

3.91x

Alaska ranks 22nd and Maine ranks 27th 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.

MetricAlaskaMaine

Median Home Value $316,400 $274,400 Median Household Income $86,533 $70,171 Property Tax Rate 1.11% 1.02% Rent-to-Income Ratio 18.7% 18.2%

What this means