HousingHandbookReference data

U.S. ZIP Code · AK99611

Kenai Peninsula Borough

Typical home value

$321,364[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+3.2%
10-year / yr
+3.4%

Relative price

vs U.S.
+13.1%
vs metro
vs state
-7.6%
ZIP 99611 location in AK
Location of ZIP 99611 in AK

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 99611 is worth $321,364. Over the past year, values have risen 5.4%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,766[3]

#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

Population
16,510[3]
Median household income
$79,757[3]

#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
8
Elementary
4
Middle
1
High
3
  • Kenai Central High School

    High · Grades 9–12 · Kenai Peninsula Borough School District

    494 students

  • Kenai Middle School

    Middle · Grades 6–8 · Kenai Peninsula Borough School District

    419 students

  • Mt. View Elementary

    Elementary · Grades PK–5 · Kenai Peninsula Borough School District

    411 students

  • Nikiski North Star Elementary

    Elementary · Grades PK–5 · Kenai Peninsula Borough School District

    252 students

  • Kaleidoscope School of Arts & Science

    Elementary · Grades K–5 · Kenai Peninsula Borough School District

    200 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 yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$1,625
Loan principal$257,091
Down payment$64,273
Total interest paid$327,906

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.

Own : rent ratio
Monthly cost to own$2,040
Monthly rent

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.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 99611?
The typical home in 99611 is worth $321,364, based on the Zillow Home Value Index.
Are home values rising in 99611?
Home values in 99611 are up 5.4% over the past year, and up 3.2% a year over five years.
What is the property tax rate in 99611?
The effective property tax rate in 99611 is 0.5% — roughly $1,766 a year on a typical home.
Who lives in 99611?
ZIP code 99611 has a population of 16,510 and a median household income of $79,757.

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