Chena Ridge, AK
Population 5,927 · Alaska
About Chena Ridge, AK
Chena Ridge is a small town located in Alaska with a population of 5,927 residents according to the latest US Census Bureau American Community Survey data. The median household income is $140,722 per year, which is 87% above the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Chena Ridge features a median home value of $411,600, which is 68% above the national median of $244,900. This places Chena Ridge in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,148, 1% below the national average of $1,163/month. Of the 2,557 total housing units, 73% are owner-occupied (1,677 units) and 27% are renter-occupied (613 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chena Ridge shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chena Ridge have an average one-way commute time of 21.7 minutes.
Education & Demographics
47.4% of Chena Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.2% White, 19.7% Hispanic or Latino, 0.0% Black or African American, and 2.0% Asian residents, with 3.4% of the population being foreign-born.
How Chena Ridge Ranks in Alaska
Cost of Living in Chena Ridge, AK
Compared to national averages, Chena Ridge has a median household income of $140,722 (87% above the national median of $75,149). Home values average $411,600, which is 68% above the national median. Monthly rent at $1,148 is 1% below the US average of $1,163. Within Alaska, Chena Ridge's income is 108% above the state average of $67,815, and home values are 102% above the state median of $203,729.
Why Live in Chena Ridge, AK?
Chena Ridge offers a strong local economy with a median household income of $140,722, well above the national average, and rent that’s lower than the national average at $1,148/month, and a well-educated community where 47.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 21.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $411,600. However, Chena Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chena Ridge has a population of 5,927 with a median age of 38.5 years. Compare Chena Ridge with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Chena Ridge
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Steele Creek | 5,861 | $117,260 | $331,200 | Compare |
| Homer | 5,750 | $73,723 | $363,700 | Compare |
| South Lakes | 6,132 | $89,632 | $367,700 | Compare |
| Palmer | 6,141 | $70,550 | $275,900 | Compare |
| Bethel | 6,313 | $109,718 | $354,400 | Compare |
| Kodiak | 5,497 | $71,373 | $314,800 | Compare |
| Fishhook | 5,461 | $101,518 | $361,900 | Compare |
| Gateway | 6,716 | $137,150 | $436,200 | 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.
Compare Chena Ridge With Other Cities
Frequently Asked Questions about Chena Ridge
What is the population of Chena Ridge, AK?
The population of Chena Ridge, AK is 5,927 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alaska.
What is the median household income in Chena Ridge?
The median household income in Chena Ridge, AK is $140,722 per year, which is 87% above the national median of $75,149.
What is the median home value in Chena Ridge?
The median home value in Chena Ridge, AK is $411,600, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chena Ridge?
The median monthly rent in Chena Ridge, AK is $1,148, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Chena Ridge?
The unemployment rate in Chena Ridge, AK is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Chena Ridge, AK a good place to live?
Chena Ridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,927 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Chena Ridge, AK?
47.4% of residents in Chena Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Chena Ridge?
Key cost-of-living indicators for Chena Ridge, AK: median home value is $411,600 (68% above national), median rent is $1,148/month, and median household income is $140,722. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chena Ridge?
The poverty rate in Chena Ridge, AK is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chena Ridge, AK?
Chena Ridge's population is 3.2% White, 19.7% Hispanic or Latino, 0.0% Black or African American, 2.0% Asian, and 0.4% two or more races. 3.4% of residents are foreign-born.