Steele Creek, AK
Population 5,861 · Alaska
About Steele Creek, AK
Steele Creek is a small town located in Alaska with a population of 5,861 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,260 per year, which is 56% above the national median of $75,149. The median age of 41.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Steele Creek features a median home value of $331,200, which is 35% above the national median of $244,900. This positions Steele Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $980, 16% below the national average of $1,163/month. Of the 2,600 total housing units, 88% are owner-occupied (1,875 units) and 12% are renter-occupied (259 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Steele Creek shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Steele Creek have an average one-way commute time of 25.1 minutes.
Education & Demographics
46.3% of Steele Creek 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 0.4% White, 13.9% Hispanic or Latino, 0.9% Black or African American, and 1.8% Asian residents, with 2.0% of the population being foreign-born.
How Steele Creek Ranks in Alaska
Cost of Living in Steele Creek, AK
Compared to national averages, Steele Creek has a median household income of $117,260 (56% above the national median of $75,149). Home values average $331,200, which is 35% above the national median. Monthly rent at $980 is 16% below the US average of $1,163. Within Alaska, Steele Creek's income is 73% above the state average of $67,815, and home values are 63% above the state median of $203,729.
Why Live in Steele Creek, AK?
Steele Creek offers a strong local economy with a median household income of $117,260, well above the national average, and rent that’s lower than the national average at $980/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a well-educated community where 46.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.6%, better than the national average.
Steele Creek has a population of 5,861 with a median age of 41.7 years. Compare Steele Creek with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Steele Creek
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chena Ridge | 5,927 | $140,722 | $411,600 | 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 |
| Kodiak | 5,497 | $71,373 | $314,800 | Compare |
| Fishhook | 5,461 | $101,518 | $361,900 | Compare |
| Bethel | 6,313 | $109,718 | $354,400 | 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 Steele Creek With Other Cities
Frequently Asked Questions about Steele Creek
What is the population of Steele Creek, AK?
The population of Steele Creek, AK is 5,861 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 Steele Creek?
The median household income in Steele Creek, AK is $117,260 per year, which is 56% above the national median of $75,149.
What is the median home value in Steele Creek?
The median home value in Steele Creek, AK is $331,200, which is 35% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Steele Creek?
The median monthly rent in Steele Creek, AK is $980, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Steele Creek?
The unemployment rate in Steele Creek, AK is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Steele Creek, AK a good place to live?
Steele Creek offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,861 and a median age of 41.7, the city appeals to a broad range of residents.
How educated is Steele Creek, AK?
46.3% of residents in Steele Creek 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 Steele Creek?
Key cost-of-living indicators for Steele Creek, AK: median home value is $331,200 (35% above national), median rent is $980/month, and median household income is $117,260. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Steele Creek?
The poverty rate in Steele Creek, AK is 0.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Steele Creek, AK?
Steele Creek's population is 0.4% White, 13.9% Hispanic or Latino, 0.9% Black or African American, 1.8% Asian, and 0.3% two or more races. 2.0% of residents are foreign-born.