Everything You Should Know Before Moving to Platinum, AK
Considering a move to Platinum, AK? This small, remote community has about 55 residents, predominantly Alaska Native, and offers a tranquil lifestyle with spacious surroundings. Housing is relatively affordable, with median prices around $120,000 and average rents near $800, though the cost of living is high due to utilities and groceries. Violent and property crime rates are moderate compared to state averages, and commute times are minimal. Local schooling options are limited, and the climate is cold with long winters, so be prepared for unique Alaskan living!
Demographics - Platinum, AK
Demographics - Platinum, AK
Platinum, Alaska is a tight-knit community of just 55 residents, with a strong Alaska Native presence making up 80% of the population. The area has a relatively young median age of 36, and over a quarter of residents speak a language other than English at home, reflecting its cultural diversity.
Population:
55
Density:
10 per sq mi
Median Age:
36.2
Gender Ratio:
105 males per 100 females
Non-English Speakers Percentage:
27.0%

Ethnic Composition
White:
10.0%
Cost Of Living
What is the average cost of living in Platinum, AK?
Living in Platinum means facing a high cost of living, with an index of 132, largely driven by expensive utilities and groceries. While the median home value is affordable at $120,000 and average rent is $800, residents should budget for higher-than-average monthly expenses and limited local shopping options.
Median House Value:
$120,000
Gross Rent:
$800
Monthly Electricity Charges:
$220
Auto Insurance:
$1,250
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
132.0
Grocery:
145.0
Housing:
110.0
Utilities:
180.0
Transportation:
160.0
Health Care:
125.0
Miscellaneous:
115.0
Crime
Is Platinum, AK a safe place to live?
Crime rates in Platinum are moderate for Alaska, with a violent crime rate of 480 per 100,000 and a property crime rate of 1,650 per 100,000 residents. Although the chances of being a victim are relatively low, newcomers should still take basic safety precautions typical for rural communities.
Violent Crimes Per 100k:
480
Property Crimes Per 100k:
1,650
Crime Index:
2,130
Chance Of Violent Crime:
1 in 208
Chance Of Property Crime:
1 in 61
Weather
What is the weather like in Platinum, AK year-round?
Platinum experiences long, cold winters with temperatures often dipping below zero, and mild summers that rarely exceed 60°F. The area receives about 18.5 inches of annual rainfall and enjoys just 38% sunny days, so residents should be prepared for chilly, damp weather for much of the year.

Winter
Min:
-6°F
Max:
12°F

Spring
Min:
20°F
Max:
36°F

Summer
Min:
43°F
Max:
59°F

Fall
Min:
23°F
Max:
39°F
Average Rainfall Inches:
18.5 inches
Sunny Days Percentage:
38%
Neighbors
Neighbors in Platinum typically have a median household income of $42,000, with a notable poverty rate of 24% and an unemployment rate of 13%. Most residents commute less than five minutes for work, reflecting the small-town lifestyle and limited public transportation.
Median Income:
$36,000
Household Income:
$42,000
Family Income:
$45,000
Per Capita Income:
$17,500
Income Male:
$40,000
Income Female:
$34,000
Poverty Rate:
24.0%
Non English Speakers:
27.0%
Rent:
$800
Unemployment Rate:
13.0%
Public Transport Usage:
0%
Commute Time:
5.0 minutes

Education
High School or Higher:
75.0%
Bachelors or More:
7.0%
Education
How are the schools in Platinum, AK?
Education options in Platinum are limited, with the local public school serving a small student body and a favorable 10:1 student-teacher ratio. For higher education, the closest college is the University of Alaska Fairbanks - Bristol Bay Campus in Dillingham, about 123 miles away.

Public Schools
Name:
William Miller Memorial School
Street:
School Rd, Napakiak, AK 99634
Phone:
(907) 589-2135
Students:
60
Student Teacher Ratio:
10.0

Colleges
Name:
University of Alaska Fairbanks - Bristol Bay Campus
City:
Dillingham
State:
AK
Distance:
123 miles
Students:
250
Healthcare
Healthcare options in Platinum are limited, with the nearest regional medical center, Kanakanak Hospital, located in Dillingham. Most residents are insured, but access to physicians is lower than average, making it important to plan ahead for medical needs.

Major Hospitals
Name:
Kanakanak Hospital
Address:
6000 Kanakanak Rd, Dillingham, AK 99576
Phone:
(907) 842-5201
Type:
Regional Medical Center
Emergency Services:
Yes
Physicians Per 1000:
0.9
Health Insurance Coverage:
88.0%
Health Care Index:
63.0
Housing Market
What is the housing market like in Platinum, AK?
The housing market in Platinum offers affordable options, with a median home price of $120,000 and average rent for a two-bedroom at $800. Most homes are owner-occupied, and the area sees low rates of new construction and foreclosures, contributing to a stable but limited housing supply.
Median Home Price:
$120,000
Average Rent For 2 Bedroom:
$800
Owner Occupied Rate:
72.0%
Rental Vacancy Rate:
8.5%
Home Appreciation Rate (1yr):
2.0%
New Construction Rate:
0.5%
Foreclosure Rate:
0.2%
DMV Information
Platinum residents are served by the Alaska Division of Motor Vehicles, with the nearest office located in Anchorage. Services such as licensing and vehicle registration are accessible online or via the central DMV office, which is essential given the community’s remote location.
State:
Alaska
Department:
Alaska Division of Motor Vehicles
Address:
1300 W Benson Blvd, Suite 900, Anchorage, AK 99503
Phone:
1-855-269-5551
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.