Chignik Lagoon, AK
Population 31 · Alaska
About Chignik Lagoon, AK
Chignik Lagoon is a small community located in Alaska with a population of 31 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,333 per year, which is 9% below the national median of $75,149. The median age of 55.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Chignik Lagoon features a median home value of $177,500, which is 28% below the national median of $244,900. This positions Chignik Lagoon in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 65 total housing units, 75% are owner-occupied (9 units) and 25% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chignik Lagoon shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chignik Lagoon have an average one-way commute time of 6.2 minutes, one of the shorter commutes in the region.
Education & Demographics
18.2% of Chignik Lagoon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 80.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Chignik Lagoon, AK
Compared to national averages, Chignik Lagoon has a median household income of $68,333 (9% below the national median of $75,149). Home values average $177,500, which is 28% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alaska, Chignik Lagoon's income is 1% above the state average of $67,815, and home values are 13% below the state median of $203,729.
Why Live in Chignik Lagoon, AK?
Chignik Lagoon offers affordable housing with a median home value of $177,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.5%, better than the national average, and short commute times averaging just 6.2 minutes.
Potential considerations include median household income ($68,333) that falls below the national average. However, Chignik Lagoon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chignik Lagoon has a population of 31 with a median age of 55.1 years. Compare Chignik Lagoon with other cities to see how it stacks up, or explore all cities in Alaska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chignik Lagoon
What is the population of Chignik Lagoon, AK?
The population of Chignik Lagoon, AK is 31 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alaska.
What is the median household income in Chignik Lagoon?
The median household income in Chignik Lagoon, AK is $68,333 per year, which is 9% below the national median of $75,149.
What is the median home value in Chignik Lagoon?
The median home value in Chignik Lagoon, AK is $177,500, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chignik Lagoon?
The median monthly rent in Chignik Lagoon, AK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Chignik Lagoon?
The unemployment rate in Chignik Lagoon, AK is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chignik Lagoon, AK a good place to live?
Chignik Lagoon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 31 and a median age of 55.1, the city appeals to established professionals and retirees.
How educated is Chignik Lagoon, AK?
18.2% of residents in Chignik Lagoon 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 Chignik Lagoon?
Key cost-of-living indicators for Chignik Lagoon, AK: median home value is $177,500 (28% below national), median rent is $0/month, and median household income is $68,333. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chignik Lagoon?
The poverty rate in Chignik Lagoon, AK is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chignik Lagoon, AK?
Chignik Lagoon's population is 0.0% White, 80.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.