Cold Bay, AK
Population 153 · Alaska
About Cold Bay, AK
Cold Bay is a small community located in Alaska with a population of 153 residents according to the latest US Census Bureau American Community Survey data. The median household income is $112,273 per year, which is 49% above the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cold Bay features a median home value of $0, which is 100% below the national median of $244,900. This makes Cold Bay one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,141, 2% below the national average of $1,163/month. Of the 116 total housing units, 5% are owner-occupied (4 units) and 95% are renter-occupied (76 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Cold Bay shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cold Bay have an average one-way commute time of 4.1 minutes, one of the shorter commutes in the region.
Education & Demographics
60.0% of Cold Bay 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 5.9% White, 16.3% Hispanic or Latino, 0.0% Black or African American, and 3.9% Asian residents, with 14.4% of the population being foreign-born.
How Cold Bay Ranks in Alaska
Cost of Living in Cold Bay, AK
Compared to national averages, Cold Bay has a median household income of $112,273 (49% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,141 is 2% below the US average of $1,163. Within Alaska, Cold Bay's income is 66% above the state average of $67,815, and home values are 100% below the state median of $203,729.
Why Live in Cold Bay, AK?
Cold Bay offers a strong local economy with a median household income of $112,273, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $1,141/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 60.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 4.1 minutes.
Cold Bay has a population of 153 with a median age of 35.9 years. Compare Cold Bay with other cities to see how it stacks up, or explore all cities in Alaska.
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Demographics
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Economy & Education
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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 Cold Bay
What is the population of Cold Bay, AK?
The population of Cold Bay, AK is 153 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alaska.
What is the median household income in Cold Bay?
The median household income in Cold Bay, AK is $112,273 per year, which is 49% above the national median of $75,149.
What is the median home value in Cold Bay?
The median home value in Cold Bay, AK is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Cold Bay?
The median monthly rent in Cold Bay, AK is $1,141, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Cold Bay?
The unemployment rate in Cold Bay, AK is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cold Bay, AK a good place to live?
Cold Bay offers above-average incomes, affordable housing, and a strong job market. With a population of 153 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Cold Bay, AK?
60.0% of residents in Cold Bay 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 Cold Bay?
Key cost-of-living indicators for Cold Bay, AK: median home value is $0 (100% below national), median rent is $1,141/month, and median household income is $112,273. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cold Bay?
The poverty rate in Cold Bay, AK is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cold Bay, AK?
Cold Bay's population is 5.9% White, 16.3% Hispanic or Latino, 0.0% Black or African American, 3.9% Asian, and 0.7% two or more races. 14.4% of residents are foreign-born.