Young family
2018 HUD Median Income for Alaska.
Median household income is used for a variety of reasons, including determining eligibility for low to moderate mortgage loans; also known as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special mortgage that is partially dependent on the household median income (i.e. Home Possible mortgage and the My Community Mortgage).

If you’re seeking a mortgage and your household income is at or below the amounts listed below, mention this to the banker or broker. The benefit may be a lower down payment, closing cost assistance, grant money, lower interest rate or lower mip/pmi.

The U.S. Census Bureau defines median household income as follows:

“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”.



2018 HUD median income limits
County Name  Area Income   1 Person   2 People   3 People   4 People   5 People   6 People   7 People   8 People 
Aleutians East Borough                 67,400          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Aleutians West Census Area                 94,300          53,150          60,750            68,350            75,900            82,000            88,050            94,150          100,200
Anchorage Municipality                 99,500          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Bethel Census Area                 52,600          48,350          55,250            62,150            69,050            74,600            80,100            85,650            91,150
Bristol Bay Borough                 94,900          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Denali Borough               102,900          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Dillingham Census Area                 60,500          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Fairbanks North Star Borough                 93,000          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Haines Borough                 73,200          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Hoonah-Angoon Census Area                 70,700          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Juneau City and Borough               104,900          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Kenai Peninsula Borough                 82,900          46,450          53,050            59,700            66,300            71,650            76,950            82,250            87,550
Ketchikan Gateway Borough                 87,400          48,950          55,950            62,950            69,900            75,500            81,100            86,700            92,300
Kodiak Island Borough                 84,400          47,250          54,000            60,750            67,500            72,900            78,300            83,700            89,100
Kusilvak Census Area                 41,500          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Lake and Peninsula Borough                 57,700          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Matanuska-Susitna Borough                 92,000          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Nome Census Area                 50,900          49,700          56,800            63,900            70,950            76,650            82,350            88,000            93,700
North Slope Borough                 83,200          46,600          53,250            59,900            66,550            71,900            77,200            82,550            87,850
Northwest Arctic Borough                 64,000          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Petersburg Census Area                 88,300          49,500          56,550            63,600            70,650            76,350            82,000            87,650            93,300
Prince of Wales-Hyder Census Area                 65,500          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Sitka City and Borough                 91,700          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Skagway Municipality                 85,000          47,600          54,400            61,200            68,000            73,450            78,900            84,350            89,800
Southeast Fairbanks Census Area                 77,600          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Valdez-Cordova Census Area                 95,000          50,350          57,550            64,750            71,900            77,700            83,450            89,200            94,950
Wrangell City and Borough                 70,600          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750
Yakutat City and Borough                 84,800          47,500          54,300            61,100            67,850            73,300            78,750            84,150            89,600
Yukon-Koyukuk Census Area                 50,600          45,500          52,000            58,500            64,950            70,150            75,350            80,550            85,750