Anchorage, AK
Population 289,069 · Alaska
About Anchorage, AK
Anchorage is a major city in Alaska with a population of 289,069 residents. The median household income is $98,152 per year, which is above the national average. The median age in Anchorage is 34.9 years.
Housing in Anchorage has a median home value of $375,900 and median monthly rent of $1,453. Of the 119,717 total housing units, the majority are owner-occupied, with 68,751 owner-occupied and 39,117 renter-occupied units.
The unemployment rate in Anchorage is 4.6% and the poverty rate is 9.3%. 37.7% of residents hold a bachelor's degree or higher. The average commute time is 19 minutes.
How Anchorage Ranks in Alaska
Cost of Living in Anchorage, AK
Compared to national averages, Anchorage has a median household income of $98,152 (31% above the national median of $75,149). Home values average $375,900, which is 53% above the national median. Monthly rent at $1,453 is 25% above the US average of $1,163. Within Alaska, Anchorage's income is 45% above the state average of $67,815, and home values are 85% above the state median of $203,729.
Why Live in Anchorage, AK?
Anchorage offers a strong local economy with a median household income of $98,152, well above the national average, and a well-educated community where 37.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.3%, better than the national average. Additionally, the city features short commute times averaging just 19 minutes.
Potential considerations include a competitive housing market where the typical home costs $375,900. However, as a major city, Anchorage provides access to a wide range of amenities and services.
Anchorage has a population of 289,069 with a median age of 34.9 years. Compare Anchorage with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Anchorage
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairbanks | 32,242 | $72,077 | $255,700 | Compare |
| Juneau city and | 31,969 | $100,513 | $432,500 | Compare |
| Badger | 19,033 | $98,042 | $291,600 | Compare |
| Knik-Fairview | 18,921 | $95,000 | $311,800 | Compare |
| College | 11,730 | $76,831 | $279,100 | Compare |
| North Lakes | 10,583 | $102,785 | $338,900 | Compare |
| Tanaina | 9,738 | $95,587 | $298,500 | Compare |
| Wasilla | 9,435 | $70,756 | $325,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Anchorage
What is the population of Anchorage, AK?
The population of Anchorage, AK is 289,069 according to the latest Census data.
What is the median household income in Anchorage?
The median household income in Anchorage, AK is $98,152 per year.
What is the median home value in Anchorage?
The median home value in Anchorage, AK is $375,900.
What is the average rent in Anchorage?
The median monthly rent in Anchorage, AK is $1,453.
What is the unemployment rate in Anchorage?
The unemployment rate in Anchorage, AK is 4.6%.