Everything You Should Know Before Moving to Lake Minchumina, AK
Considering a move to Lake Minchumina, AK? With a tiny population of just 11, this remote Alaskan community offers affordable housing (median home price around $95,000 and rent at $650), but a higher cost of living due to utilities and groceries. Crime rates are low, commutes are virtually nonexistent, and the climate is very cold with long winters. Education and healthcare options are limited locally, but the area offers unparalleled solitude and stunning wilderness for those seeking a truly off-the-grid lifestyle.
Demographics - Lake Minchumina, AK
Demographics - Lake Minchumina, AK
Lake Minchumina is an extremely small and remote community with just 11 residents and a median age of 55, reflecting an older population. The area is sparsely populated, and the majority of residents identify as White or Alaska Native, with a slightly higher number of males compared to females.
Population:
11
Density:
0.02 per sq mi
Median Age:
55.0
Gender Ratio:
120 males per 100 females
Non-English Speakers Percentage:
10.0%
Ethnic Composition
White:
72.7%
Asian:
0%
Others:
9.1%
Cost Of Living
What is the average cost of living in Lake Minchumina, AK?
While home prices are affordable, with a median value of $95,000 and average rent at $650, the overall cost of living is high due to expensive utilities and groceries. State taxes are 0%, but daily expenses like electricity and transportation contribute to a cost of living index above the national average.
Median House Value:
$95,000
Gross Rent:
$650
Monthly Electricity Charges:
$220
Auto Insurance:
$1,350
House Owner Cost With Mortgage:
$940
House Owner Cost Without Mortgage:
$385
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
123.0
Grocery:
140.0
Housing:
75.0
Utilities:
180.0
Transportation:
160.0
Health Care:
140.0
Miscellaneous:
120.0
Crime
Is Lake Minchumina, AK a safe place to live?
Crime rates in Lake Minchumina are low, with only about 200 violent crimes and 800 property crimes per 100,000 residents, making it a safe choice for those seeking peace of mind. The chance of experiencing property crime is 1 in 125, and violent crime is extremely rare.
Violent Crimes Per 100k:
200
Property Crimes Per 100k:
800
Crime Index:
1,000
Chance Of Violent Crime:
1 in 500
Chance Of Property Crime:
1 in 125
Weather
What is the weather like in Lake Minchumina, AK year-round?
The climate is characterized by long, harsh winters with temperatures often dropping as low as -28°F, while summers are short and mild with highs around 70°F. Rainfall is modest at 13.3 inches annually, and sunny days are limited, making it ideal for those prepared for extreme seasonal changes.
Winter
Min:
-28°F
Max:
0°F
Spring
Min:
5°F
Max:
35°F
Summer
Min:
42°F
Max:
70°F
Fall
Min:
10°F
Max:
35°F
Average Rainfall Inches:
13.3 inches
Sunny Days Percentage:
40%
Neighbors
Households in Lake Minchumina have a median income of around $34,000 and a relatively high poverty rate of 18.2%. Most residents have at least a high school education, and commutes are virtually nonexistent, reflecting the area’s small size and remote nature.
Median Income:
$34,000
Household Income:
$38,000
Family Income:
$43,000
Per Capita Income:
$23,000
Income Male:
$31,000
Income Female:
$27,000
Poverty Rate:
18.2%
Non English Speakers:
10.0%
Rent:
$650
Unemployment Rate:
7.5%
Public Transport Usage:
0%
Commute Time:
5.0 minutes
Education
High School or Higher:
85.0%
Bachelors or More:
15.0%
Education
How are the schools in Lake Minchumina, AK?
There are no local public or private schools in Lake Minchumina, and the nearest college, the University of Alaska Fairbanks, is 140 miles away. Residents seeking educational opportunities often rely on distance learning or travel to larger cities.
Colleges
Name:
University of Alaska Fairbanks
City:
Fairbanks
State:
AK
Distance:
140 miles
Students:
8,500
Healthcare
Healthcare access is limited locally, with no major hospitals in town and no physicians per 1,000 residents. Around 85% of locals have health insurance, but those needing medical care typically travel to larger communities for services.
Physicians Per 1000:
0.0
Health Insurance Coverage:
85.0%
Health Care Index:
55.0
Housing Market
What is the housing market like in Lake Minchumina, AK?
The housing market features a median home price of $95,000 and high owner-occupancy at 80%, with very little new construction or foreclosure activity. Rental options are few but affordable, and the market is stable with minimal annual appreciation.
Median Home Price:
$95,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
80.0%
Rental Vacancy Rate:
15.0%
Home Appreciation Rate (1yr):
1.2%
New Construction Rate:
0.0%
Foreclosure Rate:
0.0%
DMV Information
DMV services for Lake Minchumina residents are provided by the Alaska Division of Motor Vehicles in Fairbanks, about 140 miles away, with resources accessible online or by phone.
State:
Alaska
Department:
Alaska Division of Motor Vehicles
Address:
3700 Airport Way, Fairbanks, AK 99709
Phone:
855-269-5551
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.