Happy Valley, AK
Population 773 · Alaska
About Happy Valley, AK
Happy Valley is a small community in Alaska with a population of 773 residents. The median household income is $55,521 per year, which is near the national average. The median age in Happy Valley is 61.5 years.
Housing in Happy Valley has a median home value of $208,600 and median monthly rent of $0. Of the 614 total housing units, the majority are owner-occupied, with 348 owner-occupied and 33 renter-occupied units.
The unemployment rate in Happy Valley is 9.3% and the poverty rate is 17.1%. 23.4% of residents hold a bachelor's degree or higher. The average commute time is 24.8 minutes.
Cost of Living in Happy Valley, AK
Compared to national averages, Happy Valley has a median household income of $55,521 (26% below the national median of $75,149). Home values average $208,600, which is 15% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alaska, Happy Valley's income is 18% below the state average of $67,815, and home values are 2% above the state median of $203,729.
Why Live in Happy Valley, AK?
Happy Valley offers affordable housing with a median home value of $208,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($55,521) that falls below the national average. However, Happy Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Happy Valley has a population of 773 with a median age of 61.5 years. Compare Happy Valley with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Happy Valley
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nunapitchuk | 766 | $43,750 | $86,700 | Compare |
| Savoonga | 766 | $51,875 | $105,300 | Compare |
| Denali Park | 787 | $83,750 | $458,300 | Compare |
| St. Mary's | 788 | $45,000 | $103,400 | Compare |
| Buffalo Soapstone | 799 | $68,750 | $278,600 | Compare |
| Unalakleet | 800 | $86,250 | $163,800 | Compare |
| Klawock | 744 | $49,063 | $249,000 | Compare |
| Akutan | 737 | $27,500 | $91,400 | 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 Happy Valley
What is the population of Happy Valley, AK?
The population of Happy Valley, AK is 773 according to the latest Census data.
What is the median household income in Happy Valley?
The median household income in Happy Valley, AK is $55,521 per year.
What is the median home value in Happy Valley?
The median home value in Happy Valley, AK is $208,600.
What is the average rent in Happy Valley?
The median monthly rent in Happy Valley, AK is $0.
What is the unemployment rate in Happy Valley?
The unemployment rate in Happy Valley, AK is 9.3%.