Butte, AK
Population 3,905 · Alaska
About Butte, AK
Butte is a small town located in Alaska with a population of 3,905 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,625 per year, which is 41% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Butte features a median home value of $320,100, which is 31% above the national median of $244,900. This positions Butte in a moderately priced market relative to the rest of the country. Median monthly rent is $1,412, 21% above the national average of $1,163/month. Of the 1,470 total housing units, 81% are owner-occupied (1,085 units) and 19% are renter-occupied (257 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Butte shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Butte have an average one-way commute time of 33.8 minutes.
Education & Demographics
30.9% of Butte residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.2% White, 9.2% Hispanic or Latino, 0.2% Black or African American, and 1.3% Asian residents, with 1.5% of the population being foreign-born.
How Butte Ranks in Alaska
Cost of Living in Butte, AK
Compared to national averages, Butte has a median household income of $105,625 (41% above the national median of $75,149). Home values average $320,100, which is 31% above the national median. Monthly rent at $1,412 is 21% above the US average of $1,163. Within Alaska, Butte's income is 56% above the state average of $67,815, and home values are 57% above the state median of $203,729.
Why Live in Butte, AK?
Butte offers a strong local economy with a median household income of $105,625, well above the national average, and a low poverty rate of 7.9%, better than the national average.
Butte has a population of 3,905 with a median age of 40.1 years. Compare Butte with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Butte
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Valdez | 3,911 | $97,067 | $312,400 | Compare |
| Nome | 3,668 | $113,561 | $338,900 | Compare |
| Mill Bay | 3,541 | $94,359 | $430,600 | Compare |
| Unalaska | 4,430 | $114,286 | $448,700 | Compare |
| Soldotna | 4,448 | $62,984 | $277,300 | Compare |
| Petersburg | 3,346 | $76,466 | $298,500 | Compare |
| Big Lake | 3,291 | $76,292 | $286,600 | Compare |
| Goldstream | 3,238 | $92,604 | $289,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Butte With Other Cities
Frequently Asked Questions about Butte
What is the population of Butte, AK?
The population of Butte, AK is 3,905 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alaska.
What is the median household income in Butte?
The median household income in Butte, AK is $105,625 per year, which is 41% above the national median of $75,149.
What is the median home value in Butte?
The median home value in Butte, AK is $320,100, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Butte?
The median monthly rent in Butte, AK is $1,412, which is 21% above the national average of $1,163/month.
What is the unemployment rate in Butte?
The unemployment rate in Butte, AK is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Butte, AK a good place to live?
Butte offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,905 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Butte, AK?
30.9% of residents in Butte aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Butte?
Key cost-of-living indicators for Butte, AK: median home value is $320,100 (31% above national), median rent is $1,412/month, and median household income is $105,625. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Butte?
The poverty rate in Butte, AK is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Butte, AK?
Butte's population is 3.2% White, 9.2% Hispanic or Latino, 0.2% Black or African American, 1.3% Asian, and 0.8% two or more races. 1.5% of residents are foreign-born.