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Real Estate Prices & Overview

Baranof / Chatham median real estate price is $563,025, which is more expensive than 84.8% of the neighborhoods in Alaska and 70.5% of the neighborhoods in the U.S.

The average rental price in Baranof / Chatham is currently $2,106, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.1% of the neighborhoods in Alaska.

Baranof / Chatham is a remote neighborhood (based on population density) located in Sitka, Alaska. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Baranof / Chatham real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Baranof / Chatham neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Baranof / Chatham. The current real estate vacancy rate here is 21.9%. This is higher than the rate of vacancies in 90.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (15.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 1 residents per square mile, Baranof / Chatham is less crowded than 99.4% of all U.S. neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Baranof / Chatham neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Baranof / Chatham is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Occupations

With 7.0% of employed workers living in the Baranof / Chatham neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Baranof / Chatham neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 97.6% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Baranof / Chatham neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

One of the really interesting characteristics about the Baranof / Chatham neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.5% of college-friendly places to live in the state of Alaska. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives and active retirees.

Diversity

Did you know that the Baranof / Chatham neighborhood has more Native American and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Native American ancestry and 5.1% have Norwegian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Baranof / Chatham neighborhood in Sitka are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.0% of the neighborhoods in America. In addition, 8.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Baranof / Chatham neighborhood, 45.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 13.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Baranof / Chatham neighborhood is English, spoken by 88.7% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Baranof / Chatham neighborhood in Sitka, AK, residents most commonly identify their ethnicity or ancestry as German (20.9%). There are also a number of people of Irish ancestry (17.6%), and residents who report Asian roots (7.2%), and some of the residents are also of English ancestry (6.4%), along with some Norwegian ancestry residents (5.1%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Baranof / Chatham neighborhood spend under 15 minutes commuting one-way to work (67.5% of working residents), one of the shortest commutes across America.

Here most residents (64.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (18.0%) and 9.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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