Counties / Alaska / Prince of Wales-Hyder Census Area

Prince of Wales-Hyder Census Area, AK

FIPS 02198 · population 5,715 · outside every metro area

$225k
ACS owner-reported value · ACS 2024 5-year
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

ACS owner-reported value
$225k
survey estimate; not a current listing or sale price
Census ACS · surveyed
ACS median gross rent
$964
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,153
the Section 8 payment standard
HUD Fair Market Rent · direct
Owner-reported value$225k
Surveyed gross rent$964
Rent burden 30%+30.2%
Median year built1987
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
25.6%vacant
3,250estimated housing units
Occupied tenure29.4% renter
owner 70.6%renter 29.4%
Structure mix69.0% single-family
Single-family 69.0%20+ units 0.4%Mobile home 17.5%Other 13.0%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs2,127▲ 0.8% from the prior annual release
Covered establishments241annual average reporting locations
Average weekly wage$1,104▲ 4.9% from the prior annual release
Largest private supersectorTrade, transportation, and utilities30.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.8%WEEKLY WAGE+4.9%Trade, transportation, and utilities30.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Prince of Wales-Hyder Census Area is a verification-first small market: 12 purchases against a population of 5,715 make participation shares sensitive to a few deals. Buyers able to validate property rents, condition, insurance and exit liquidity should investigate; those requiring demonstrated transaction depth or current market-rent evidence should be cautious. No Zillow county value series or FHFA HPI is supplied, preventing any conclusion on current price direction or repeat-transaction appreciation.

02Housing economics

ACS five-year survey context reports an owner-reported median value of owner-occupied homes of $225,300 and surveyed gross rent for occupied units of $964. They cover different populations, not current asking price, asking rent or transactions. Because market rent is not published, gross yield cannot be computed. HUD’s two-bedroom FMR is $1,153 per month, a payment standard rather than market rent. Effective property tax is 0.51%, with median annual tax of $1,139. ACS vacancy of 25.57% is descriptive and requires local occupancy and lease-up checks rather than predicting demand.

03Demand & competition

QCEW’s 2025 annual workplace series shows covered employment up 0.76%, while average weekly covered wage of $1,104 rose 4.94%. Trade, transportation, and utilities represents 30.07% of private covered jobs; that is industry concentration, not a measure of the whole economy. Tax-return migration was net positive by 8 households, but incoming movers’ average AGI was $5,179 below outgoing movers’. Investor participation was 8.33% across 12 purchases. Realtor.com’s 2026-06 source label contains no listing-price, inventory, marketing-time or price-reduction figures, leaving buyer demand and seller concessions unmeasured.

04Risk & next checks

Inland flood is the stated dominant hazard, and modeled expected annual climate loss equals 0.05% of building value; it is not a property-specific insurance quote or dollar loss. Underwriting is further limited by absent current market rent, sale-price and appreciation series, MLS conditions, parcel-level flood exposure, insurance quotes and repair needs. These gaps prevent a defensible yield, resale-liquidity or hazard-cost conclusion from county evidence alone.

Cities & communities

Where people live within Prince of Wales-Hyder Census Area

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Metlakatla CDP1.2KCraig city1.1KKlawock city749Kake city624Thorne Bay city519Hydaburg city375Coffman Cove city269Hollis CDP66
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

16 Census places

Population
  1. 01
    Metlakatla CDPCensus-designated place
    1,235
  2. 02
    Craig cityIncorporated place
    1,131
  3. 03
    Klawock cityIncorporated place
    749
  4. 04
    Kake cityIncorporated place
    624
  5. 05
    Thorne Bay cityIncorporated place
    519
  6. 06
    Hydaburg cityIncorporated place
    375
  7. 07
    Coffman Cove cityIncorporated place
    269
  8. 08
    Hollis CDPCensus-designated place
    66
  9. 09
    Naukati Bay CDPCensus-designated place
    66
  10. 10
    Whale Pass cityIncorporated place
    54
  11. 11
    Kasaan cityIncorporated place
    51
  12. 12
    Port Alexander cityIncorporated place
    50
Show 4 more places
  1. 13
    Port Protection CDPCensus-designated place
    27
  2. 14
    Edna Bay cityIncorporated place
    25
  3. 15
    Hyder CDPCensus-designated place
    14
  4. 16
    Point Baker CDPCensus-designated place
    0

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.051% of building value expected lost per year

Effective property tax0.51%

$1,139 median annual bill

02
DemandIRS SOI household flows
Net migration+8

103 in · 95 out

Arriving vs leaving income−$5,179

$60,505 arriving · $65,684 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.3%

1 of 12 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. ACS survey medians and vacancy may not represent an investable property’s asking rent, condition or occupancy.
  2. Flood loss and insurance exposure can vary materially by parcel, but no property-specific exposure or quotes are supplied.
  3. Absent MLS and transaction-market series may conceal weak liquidity or seller concessions.
Underwriting questions

Before pricing a property

Can gross yield be computed from this record?

No. Market rent is not published, and HUD FMR and ACS surveyed gross rent cannot be substituted for it.

What price-appreciation evidence is available?

None. The record has no Zillow county value series and no FHFA annual repeat-transaction HPI.

Which climate hazard is identified?

Inland flood is the stated dominant hazard, with a modeled expected annual building-value loss ratio provided at county level.