U.S. ZIP Code · AK99603
Kenai Peninsula Borough
Appreciation
- 1-year
- +12.2%
- 5-year / yr
- +5.2%
- 10-year / yr
- +5.3%
Relative price
- vs U.S.
- +41.5%
- vs metro
- —
- vs state
- +15.6%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 99603 is worth $402,031. Over the past year, values have risen 12.2%. Homes here rent for a typical $1,450 a month — a 4.3% gross rental yield. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Kenai Peninsula Borough. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Very Low
- Wildfire
- Relatively Moderate
- Drought
- Very Low
- Heat wave
- Insufficient Data
- Hurricane
- Not Applicable
- Tornado
- Very Low
- Earthquake
- Relatively High
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Kenai Peninsula Borough over a year, from IRS tax-return data.
- Net migration
- +134[5]
- Moved in
- 1,665
- Moved out
- 1,531
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 12
- Elementary
- 4
- Middle
- 1
- High
- 2
Homer High School
High · Grades 9–12 · Kenai Peninsula Borough School District
365 students
West Homer Elementary
Elementary · Grades 3–6 · Kenai Peninsula Borough School District
209 students
Homer Middle School
Middle · Grades 7–8 · Kenai Peninsula Borough School District
184 students
Paul Banks Elementary
Elementary · Grades PK–2 · Kenai Peninsula Borough School District
172 students
McNeil Canyon Elementary
Elementary · Grades K–6 · Kenai Peninsula Borough School District
147 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Rankings
Top-10 lists this ZIP code appears on.
Frequently asked
- How much is a home worth in ZIP code 99603?
- The typical home in 99603 is worth $402,031, based on the Zillow Home Value Index.
- Are home values rising in 99603?
- Home values in 99603 are up 12.2% over the past year, and up 5.2% a year over five years.
- What is the typical rent in 99603?
- A typical home in 99603 rents for about $1,450 a month, a gross rental yield of 4.3%.
- What is the property tax rate in 99603?
- The effective property tax rate in 99603 is 0.6% — roughly $2,490 a year on a typical home.
- Who lives in 99603?
- ZIP code 99603 has a population of 11,693 and a median household income of $78,767.
Compare ZIPs
Pit ZIP 99603 against any other ZIP — full side-by-side table.
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