Meadow Lakes, AK
Population 8,994 · Alaska
About Meadow Lakes, AK
Meadow Lakes is a small town located in Alaska with a population of 8,994 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,250 per year, which is 8% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Meadow Lakes features a median home value of $305,100, which is 25% above the national median of $244,900. This positions Meadow Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $1,308, 12% above the national average of $1,163/month. Of the 3,880 total housing units, 79% are owner-occupied (2,535 units) and 21% are renter-occupied (691 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Meadow Lakes shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 12.6%, above the national average of 12.4%. Workers in Meadow Lakes have an average one-way commute time of 37.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
17.6% of Meadow Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.8% White, 10.9% Hispanic or Latino, 0.1% Black or African American, and 1.1% Asian residents, with 4.2% of the population being foreign-born.
How Meadow Lakes Ranks in Alaska
Cost of Living in Meadow Lakes, AK
Compared to national averages, Meadow Lakes has a median household income of $81,250 (8% above the national median of $75,149). Home values average $305,100, which is 25% above the national median. Monthly rent at $1,308 is 12% above the US average of $1,163. Within Alaska, Meadow Lakes's income is 20% above the state average of $67,815, and home values are 50% above the state median of $203,729.
Why Live in Meadow Lakes, AK?
Meadow Lakes offers a strong local economy with a median household income of $81,250, well above the national average.
Meadow Lakes has a population of 8,994 with a median age of 37.9 years. Compare Meadow Lakes with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Meadow Lakes
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wasilla | 9,435 | $70,756 | $325,000 | Compare |
| Sitka city and | 8,393 | $101,207 | $442,100 | Compare |
| Tanaina | 9,738 | $95,587 | $298,500 | Compare |
| Ketchikan | 8,151 | $76,835 | $340,300 | Compare |
| Kalifornsky | 8,136 | $91,081 | $306,200 | Compare |
| Kenai | 7,562 | $74,907 | $249,400 | Compare |
| North Lakes | 10,583 | $102,785 | $338,900 | Compare |
| Sterling | 6,776 | $110,341 | $346,100 | 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 Meadow Lakes With Other Cities
Frequently Asked Questions about Meadow Lakes
What is the population of Meadow Lakes, AK?
The population of Meadow Lakes, AK is 8,994 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 Meadow Lakes?
The median household income in Meadow Lakes, AK is $81,250 per year, which is 8% above the national median of $75,149.
What is the median home value in Meadow Lakes?
The median home value in Meadow Lakes, AK is $305,100, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Meadow Lakes?
The median monthly rent in Meadow Lakes, AK is $1,308, which is 12% above the national average of $1,163/month.
What is the unemployment rate in Meadow Lakes?
The unemployment rate in Meadow Lakes, AK is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Meadow Lakes, AK a good place to live?
Meadow Lakes offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,994 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Meadow Lakes, AK?
17.6% of residents in Meadow Lakes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Meadow Lakes?
Key cost-of-living indicators for Meadow Lakes, AK: median home value is $305,100 (25% above national), median rent is $1,308/month, and median household income is $81,250. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Meadow Lakes?
The poverty rate in Meadow Lakes, AK is 12.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Meadow Lakes, AK?
Meadow Lakes's population is 1.8% White, 10.9% Hispanic or Latino, 0.1% Black or African American, 1.1% Asian, and 0.2% two or more races. 4.2% of residents are foreign-born.