North Lakes, AK
Population 10,583 · Alaska
About North Lakes, AK
North Lakes is a mid-sized city located in Alaska with a population of 10,583 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,785 per year, which is 37% above the national median of $75,149. The median age of 36.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in North Lakes features a median home value of $338,900, which is 38% above the national median of $244,900. This positions North Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $1,459, 25% above the national average of $1,163/month. Of the 3,901 total housing units, 79% are owner-occupied (2,835 units) and 21% are renter-occupied (738 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Lakes shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in North Lakes have an average one-way commute time of 30 minutes.
Education & Demographics
26.9% of North Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.1% White, 10.5% Hispanic or Latino, 1.6% Black or African American, and 1.7% Asian residents, with 4.5% of the population being foreign-born.
Climate & Weather
North Lakes experiences an annual average temperature of 60.1°F with 42.46" of precipitation per year. The moderate climate offers a balance of seasonal variety without extremes. Summer highs average around 88°F (July–August), while winter lows dip to approximately 36°F (December–January).
How North Lakes Ranks in Alaska
Cost of Living in North Lakes, AK
Compared to national averages, North Lakes has a median household income of $102,785 (37% above the national median of $75,149). Home values average $338,900, which is 38% above the national median. Monthly rent at $1,459 is 25% above the US average of $1,163. Within Alaska, North Lakes's income is 52% above the state average of $67,815, and home values are 66% above the state median of $203,729.
Why Live in North Lakes, AK?
North Lakes offers a strong local economy with a median household income of $102,785, well above the national average, and a low poverty rate of 8.2%, better than the national average.
North Lakes has a population of 10,583 with a median age of 36.4 years. Compare North Lakes with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near North Lakes
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tanaina | 9,738 | $95,587 | $298,500 | Compare |
| College | 11,730 | $76,831 | $279,100 | Compare |
| Wasilla | 9,435 | $70,756 | $325,000 | Compare |
| Meadow Lakes | 8,994 | $81,250 | $305,100 | Compare |
| Sitka city and | 8,393 | $101,207 | $442,100 | 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 |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Climate & Weather in North Lakes
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 53 | 60 | 62 | 71 | 76 | 83 | 90 | 86 | 80 | 72 | 62 | 54 |
| Low °F | 36 | 41 | 41 | 48 | 56 | 61 | 69 | 68 | 61 | 51 | 40 | 36 |
| Rain " | 4.5 | 2.9 | 3.9 | 5.9 | 2.0 | 3.6 | 4.4 | 5.4 | 2.5 | 0.5 | 1.4 | 5.5 |
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare North Lakes With Other Cities
Frequently Asked Questions about North Lakes
What is the population of North Lakes, AK?
The population of North Lakes, AK is 10,583 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Alaska.
What is the median household income in North Lakes?
The median household income in North Lakes, AK is $102,785 per year, which is 37% above the national median of $75,149.
What is the median home value in North Lakes?
The median home value in North Lakes, AK is $338,900, which is 38% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Lakes?
The median monthly rent in North Lakes, AK is $1,459, which is 25% above the national average of $1,163/month.
What is the unemployment rate in North Lakes?
The unemployment rate in North Lakes, AK is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Lakes, AK a good place to live?
North Lakes offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,583 and a median age of 36.4, the city appeals to a broad range of residents.
How educated is North Lakes, AK?
26.9% of residents in North 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 North Lakes?
Key cost-of-living indicators for North Lakes, AK: median home value is $338,900 (38% above national), median rent is $1,459/month, and median household income is $102,785. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in North Lakes?
The poverty rate in North Lakes, AK is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is North Lakes, AK?
North Lakes's population is 2.1% White, 10.5% Hispanic or Latino, 1.6% Black or African American, 1.7% Asian, and 0.3% two or more races. 4.5% of residents are foreign-born.