Hamilton Acres, AK—99703
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamilton Acres, AK
Hamilton Acres, AK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamilton Acres, AK
Hamilton Acres, AK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hamilton Acres, AK
Hamilton Acres, AK lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Hamilton Acres, AK
As of the latest ACS Survey released in 2023, Hamilton Acres, AK has a population of 8,540, which has decreased by -3.5% over the past 5 years. Hamilton Acres, AK is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,540 | -3.5% |
% Under 18 | 29.0% | -8.2% |
% Seniors | 0.0% | -100.0% |
% WFH | 2.9% | -38.3% |
% w/ College Degree | 23.6% | -10.3% |
As of the latest ACS Survey released in 2023, Hamilton Acres, AK is a predominantly white area, with 60.1% of the population identifying as white. The white population has grown by 6.7% in the last 5 years. The second most common race or ethnicity in Hamilton Acres, AK is hispanic, making up 13.6% of the population. Foreign-born residents account for 6.0% of the population in Hamilton Acres, AK, and this percentage has increased by 7.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.1% | 6.7% |
% Black | 10.2% | -29.2% |
% Hispanic | 13.6% | -31.0% |
% Asian | 3.1% | -29.5% |
% Foreign Born | 6.0% | 7.1% |
Mortgage and Risk — Hamilton Acres, AK
According to HUD data as of 2023, there were 1 mortgage originations in Hamilton Acres, AK, of which 0.0% of loans were conventional mortgages. The average loan-to-value was 100.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Hamilton Acres, AK. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 0.0% |
% Government Loans | 100.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Hamilton Acres, AK
Hamilton Acres, AK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,840 |
| 2 Bedroom | N/A | N/A | $2,420 |
| 3 Bedroom | N/A | N/A | $3,390 |
| 4 Bedroom | N/A | N/A | $4,060 |
Affordability — Hamilton Acres, AK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $65,800 |