Prince of Wales-Hyder Census Area, Alaska
Income Data
At a Glance
How Prince of Wales-Hyder Census Area Compares
Detailed Income Statistics
Data Story
About Household Income in Prince of Wales-Hyder Census Area, Alaska
Prince of Wales trails national income standard
Prince of Wales-Hyder's median household income of $59,079 falls 21% below the U.S. median of $74,755, positioning it in the lower-middle-income category nationally. The per capita income of $35,162 is also well below the national average, indicating limited individual earning power.
Second-lowest income county in Alaska
Prince of Wales-Hyder ranks near Alaska's bottom with a median household income of $59,079, 26% below the state average of $79,407. Only Kusilvak Census Area earns less statewide, reflecting Southeast Alaska's economic challenges outside major regional centers.
Lags peers across rural regions
Prince of Wales-Hyder's $59,079 income trails Lake and Peninsula Borough ($64,000), Petersburg Borough ($77,026), and all other Alaska counties except Kusilvak. The $18,000 gap versus Petersburg reflects differences in fishing resources and access to employment opportunities.
Affordable housing despite low income
At 18.6%, Prince of Wales-Hyder's rent-to-income ratio is reasonable, and the median home value of $221,800 is moderate by Alaska standards. Lower incomes are offset by slightly less-expensive housing, making homeownership more feasible than would appear from income alone.
Build stability with intentional planning
Lower household incomes demand disciplined financial planning—prioritize a 3-6 month emergency fund and maximize any employer retirement benefits available. Consider community credit unions and microfinance programs designed to support wealth-building in rural communities.
Frequently Asked Questions
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How does Prince of Wales-Hyder Census Area compare to the Alaska average?
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Income Comparison Calculator
See how your household income compares in Prince of Wales-Hyder Census Area
Your income is above the Prince of Wales-Hyder Census Area median
County median: $59,079 per year
vs. County Median
+0%
vs. State Average
-26%
vs. National Median
-21%
Income Adequacy
Your monthly income ($4,923) vs. median rent ($915/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.