McGrath, AK
Population 195 · Alaska
About McGrath, AK
McGrath is a small community located in Alaska with a population of 195 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,250 per year, which is 32% below the national median of $75,149. The median age of 53.3 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 McGrath features a median home value of $102,200, which is 58% below the national median of $244,900. This makes McGrath one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $855, 26% below the national average of $1,163/month. Of the 156 total housing units, 74% are owner-occupied (73 units) and 26% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McGrath shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in McGrath have an average one-way commute time of 5.5 minutes, one of the shorter commutes in the region.
Education & Demographics
18.1% of McGrath 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 8.7% White, 57.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in McGrath, AK
Compared to national averages, McGrath has a median household income of $51,250 (32% below the national median of $75,149). Home values average $102,200, which is 58% below the national median. Monthly rent at $855 is 26% below the US average of $1,163. Within Alaska, McGrath's income is 24% below the state average of $67,815, and home values are 50% below the state median of $203,729.
Why Live in McGrath, AK?
McGrath offers affordable housing with a median home value of $102,200, below the US average of $244,900, and rent that’s lower than the national average at $855/month, and a low poverty rate of 9.8%, better than the national average. Additionally, the city features short commute times averaging just 5.5 minutes.
Potential considerations include median household income ($51,250) that falls below the national average. However, McGrath’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
McGrath has a population of 195 with a median age of 53.3 years. Compare McGrath 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 McGrath
What is the population of McGrath, AK?
The population of McGrath, AK is 195 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 McGrath?
The median household income in McGrath, AK is $51,250 per year, which is 32% below the national median of $75,149.
What is the median home value in McGrath?
The median home value in McGrath, AK is $102,200, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McGrath?
The median monthly rent in McGrath, AK is $855, which is 26% below the national average of $1,163/month.
What is the unemployment rate in McGrath?
The unemployment rate in McGrath, AK is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is McGrath, AK a good place to live?
McGrath offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 195 and a median age of 53.3, the city appeals to established professionals and retirees.
How educated is McGrath, AK?
18.1% of residents in McGrath 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 McGrath?
Key cost-of-living indicators for McGrath, AK: median home value is $102,200 (58% below national), median rent is $855/month, and median household income is $51,250. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McGrath?
The poverty rate in McGrath, AK is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is McGrath, AK?
McGrath's population is 8.7% White, 57.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.5% two or more races. 1.0% of residents are foreign-born.