Chignik Lake, AK
Population 31 · Alaska
About Chignik Lake, AK
Chignik Lake 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 $0 per year, which is 100% below the national median of $75,149. The median age of 35.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Chignik Lake features a median home value of $187,500, which is 23% below the national median of $244,900. This positions Chignik Lake 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 30 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 Lake 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chignik Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Chignik Lake 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, 96.8% 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 Lake, AK
Compared to national averages, Chignik Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alaska, Chignik Lake's income is 100% below the state average of $67,815, and home values are 8% below the state median of $203,729.
Why Live in Chignik Lake, AK?
Chignik Lake offers affordable housing with a median home value of $187,500, 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 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Chignik Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chignik Lake has a population of 31 with a median age of 35.8 years. Compare Chignik Lake with other cities to see how it stacks up, or explore all cities in Alaska.
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Demographics
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Economy & Education
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Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chignik Lake
What is the population of Chignik Lake, AK?
The population of Chignik Lake, 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 Lake?
The median household income in Chignik Lake, AK is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Chignik Lake?
The median home value in Chignik Lake, AK is $187,500, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chignik Lake?
The median monthly rent in Chignik Lake, AK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Chignik Lake?
The unemployment rate in Chignik Lake, 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 Lake, AK a good place to live?
Chignik Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 31 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Chignik Lake, AK?
0.0% of residents in Chignik Lake 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 Lake?
Key cost-of-living indicators for Chignik Lake, AK: median home value is $187,500 (23% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Chignik Lake?
The poverty rate in Chignik Lake, AK is 0.0%, 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 Lake, AK?
Chignik Lake's population is 0.0% White, 96.8% 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.