Hoonah-Angoon Census Area is a thin-evidence, small-market underwriting case: it has 2,311 residents, and the 2025 QCEW annual average records 1,029 covered jobs at county workplaces. The tension is modest labor-market footing against limited pricing, rent, and transaction evidence. Investigate only at property level when actual income, condition, financing and exit liquidity can be established; be cautious where a standardized yield or liquid comparable-sales case is required.
In the ACS 2024 five-year survey, owner occupants reported a $262,800 median home value and occupied rentals reported $1,014 median gross rent. These are separate survey measures, neither current asking or transaction data nor yield inputs. No market rent is published, so gross yield cannot be computed. HUD's $1,460 two-bedroom FMR is a payment standard, not asking rent. The effective property-tax rate is 0.43%, with $1,136 median annual tax; it is a carrying-cost item but cannot be tied to a current acquisition price. The survey also estimates a 47.29% vacancy rate, not current rentable supply or absorption.
Migration points to demand-depth uncertainty: more tax-return households moved out than in, yielding a net loss of 11. Average income was higher for arrivals, with a calculated $13,776 gap over departures, but that does not establish housing demand. Investors represented 16.67% of purchase mortgages across six purchases, too little volume to read as durable competition. The 2025 QCEW shows covered workplace employment and average weekly wages rose, while Leisure and hospitality is the largest disclosed private supersector; it is not a complete description of the economy.
Earthquake is the dominant hazard. The modeled climate-loss ratio is 0.12% of building value annually; it is not a property-level loss estimate and should be tested against location, construction, insurance terms and deductibles. The supplied Realtor.com period has no listing-price, inventory, marketing-time or price-reduction figures, so visible MLS supply and seller-concession conditions are not published in this record. No Zillow county value series or FHFA annual HPI is supplied, preventing a price-direction cross-check; obtain market rents, closed-sale comparables, insurance quotes, property condition and exposure before relying on county signals.