Quick facts: Kasilof, AK

Quick Facts

129.7
Cost of Living
above US average
279
Population
32.26
Crime Rate per 1000
above US average
$80,078
Median Income
below US average
$260,000
Median House Price
above US average
$1800.0
Average Rent
above US average
7%
Poverty Rate
below US average
6.4%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $80,078.

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Income Needed to Buy

βœ— Stretch
$82k/year
Based on $260,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $82k vs median $80,078
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Income Needed to Rent

βœ“ Affordable
$77k/year
Based on $1800.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($80,078) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kasilof, AK

Kasilof is a small community located in the Kenai Peninsula Borough of Alaska. Positioned along the Kasilof River and the scenic Cook Inlet, this serene town is known for its stunning natural beauty and outdoor recreational opportunities. Kasilof has a small population, contributing to its tight-knit community atmosphere. The area is a haven for fishing enthusiasts, particularly for sockeye salmon, attracting anglers during the summer months. Beyond fishing, Kasilof offers outdoor activities such as hiking, bird watching, and wildlife viewing, with its proximity to the vast Alaskan wilderness. Kasilof's economy is primarily driven by local businesses, tourism, and fishing. The community features a few shops and services catering to both residents and visitors. The town provides a peaceful retreat away from the hustle and bustle of larger cities, making it an appealing destination for those seeking tranquility and a connection to nature. With easy access to neighboring towns like Soldotna and Kenai and a backdrop of stunning landscapes, Kasilof represents the quintessential Alaskan experience, perfect for nature lovers and adventure seekers alike.

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