Key Economic Benchmarks
Median Household Income
$61,156$5,096 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Prince of Wales-Hyder Census Area, AK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Prince of Wales-Hyder Census Area, AK
Official FY2026 HUD Fair Market Rents for Prince of Wales-Hyder Census Area, AK. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $827 | $9,924 | $33,080 | 16.2% |
| 1-Bedroom Apartment | $1,030 | $12,360 | $41,200 | 20.2% |
| 2-Bedroom ApartmentBenchmark | $1,153 | $13,836 | $46,120 | 22.6% |
| 3-Bedroom Home | $1,464 | $17,568 | $58,560 | 28.7% |
| 4-Bedroom Home | $1,899 | $22,788 | $75,960 | 37.3% |
See dedicated rental breakdown for Prince of Wales-Hyder Census Area, AK →
50/30/20 Living Budget in Prince of Wales-Hyder Census Area, AK
Based on the local median household income of $61,156/year ($5,096/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Alaska
Explore net income after federal income tax, FICA, and Alaska state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Alaska with official federal datasets:
Frequently Asked Questions About Living in Prince of Wales-Hyder Census Area, AK
What is the median household income in Prince of Wales-Hyder Census Area, AK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Prince of Wales-Hyder Census Area, AK is $61,156 per year (approximately $5,096 per month).
What is the average rent in Prince of Wales-Hyder Census Area, AK?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Prince of Wales-Hyder Census Area, AK are $827 for a studio, $1,030 for 1 bedroom, $1,153 for 2 bedrooms, $1,464 for 3 bedrooms, and $1,899 for 4 bedrooms.
How does the cost of living in Prince of Wales-Hyder Census Area, AK compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Prince of Wales-Hyder Census Area, AK is 102.4 (2.4% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Prince of Wales-Hyder Census Area, AK?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,153/month) in Prince of Wales-Hyder Census Area, AK requires a minimum gross household income of $46,120 per year ($3,843 per month).
What is a balanced 50/30/20 monthly budget in Prince of Wales-Hyder Census Area, AK?
For a typical household earning the median income of $61,156/year ($5,096/month) in Prince of Wales-Hyder Census Area, AK, a balanced 50/30/20 budget allocates $2,548/month to essential needs (rent, utilities, groceries), $1,529/month to discretionary spending, and $1,019/month to savings and debt repayment.
What are typical electricity and utility costs in Prince of Wales-Hyder Census Area, AK?
Residential electricity rates in Alaska average 28.2¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $254 per month.