Craig, AK
Population 1,063 · Alaska
About Craig, AK
Craig is a small town located in Alaska with a population of 1,063 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,788 per year, which is 10% below the national median of $75,149. The median age of 42.5 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 Craig features a median home value of $244,400, which is 0% below the national median of $244,900. This positions Craig in a moderately priced market relative to the rest of the country. Median monthly rent is $1,142, 2% below the national average of $1,163/month. Of the 595 total housing units, 68% are owner-occupied (328 units) and 32% are renter-occupied (157 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Craig shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Craig have an average one-way commute time of 10.1 minutes, one of the shorter commutes in the region.
Education & Demographics
20.9% of Craig 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 2.1% White, 31.6% Hispanic or Latino, 0.0% Black or African American, and 3.3% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Craig, AK
Compared to national averages, Craig has a median household income of $67,788 (10% below the national median of $75,149). Home values average $244,400, which is 0% below the national median. Monthly rent at $1,142 is 2% below the US average of $1,163. Within Alaska, Craig's income is 0% below the state average of $67,815, and home values are 20% above the state median of $203,729.
Why Live in Craig, AK?
Craig offers affordable housing with a median home value of $244,400, below the US average of $244,900, and rent that’s lower than the national average at $1,142/month, and a low poverty rate of 9.4%, better than the national average. Additionally, the city features short commute times averaging just 10.1 minutes.
Potential considerations include median household income ($67,788) that falls below the national average. However, Craig’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Craig has a population of 1,063 with a median age of 42.5 years. Compare Craig with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Craig
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Salcha | 1,076 | $72,083 | $257,500 | Compare |
| Ninilchik | 1,009 | $53,125 | $251,600 | Compare |
| Hooper Bay | 1,008 | $47,000 | $0 | Compare |
| Funny River | 1,127 | $46,550 | $186,900 | Compare |
| Toksook Bay | 999 | $52,019 | $91,600 | Compare |
| Alakanuk | 997 | $39,667 | $0 | Compare |
| Talkeetna | 997 | $72,250 | $243,100 | Compare |
| Womens Bay | 994 | $102,292 | $462,600 | 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 Craig With Other Cities
Frequently Asked Questions about Craig
What is the population of Craig, AK?
The population of Craig, AK is 1,063 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 Craig?
The median household income in Craig, AK is $67,788 per year, which is 10% below the national median of $75,149.
What is the median home value in Craig?
The median home value in Craig, AK is $244,400, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Craig?
The median monthly rent in Craig, AK is $1,142, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Craig?
The unemployment rate in Craig, AK is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Craig, AK a good place to live?
Craig offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,063 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Craig, AK?
20.9% of residents in Craig 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 Craig?
Key cost-of-living indicators for Craig, AK: median home value is $244,400 (0% below national), median rent is $1,142/month, and median household income is $67,788. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Craig?
The poverty rate in Craig, AK is 9.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Craig, AK?
Craig's population is 2.1% White, 31.6% Hispanic or Latino, 0.0% Black or African American, 3.3% Asian, and 0.2% two or more races. 3.3% of residents are foreign-born.