Anchorage, KY
Population 2,421 · Kentucky
About Anchorage, KY
Anchorage is a small town located in Kentucky with a population of 2,421 residents according to the latest US Census Bureau American Community Survey data. The median household income is $215,156 per year, which is 186% above the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Anchorage features a median home value of $827,000, which is 238% above the national median of $244,900. This places Anchorage in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,861, 60% above the national average of $1,163/month. Of the 841 total housing units, 94% are owner-occupied (751 units) and 6% are renter-occupied (50 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Anchorage shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Anchorage have an average one-way commute time of 25.8 minutes.
Education & Demographics
80.7% of Anchorage 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 0.5% White, 2.0% Hispanic or Latino, 1.1% Black or African American, and 0.8% Asian residents, with 4.3% of the population being foreign-born.
How Anchorage Ranks in Kentucky
Cost of Living in Anchorage, KY
Compared to national averages, Anchorage has a median household income of $215,156 (186% above the national median of $75,149). Home values average $827,000, which is 238% above the national median. Monthly rent at $1,861 is 60% above the US average of $1,163. Within Kentucky, Anchorage's income is 225% above the state average of $66,273, and home values are 353% above the state median of $182,504.
Why Live in Anchorage, KY?
Anchorage offers a strong local economy with a median household income of $215,156, well above the national average, and a well-educated community where 80.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $827,000. However, Anchorage’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Anchorage has a population of 2,421 with a median age of 41.2 years. Compare Anchorage with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Anchorage
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hardinsburg | 2,404 | $56,774 | $128,400 | Compare |
| Junction City | 2,441 | $40,917 | $111,800 | Compare |
| Carlisle | 2,356 | $46,292 | $103,300 | Compare |
| Horse Cave | 2,348 | $51,927 | $93,600 | Compare |
| Fulton | 2,345 | $36,037 | $61,200 | Compare |
| Elk Creek | 2,344 | $127,487 | $358,600 | Compare |
| Calvert City | 2,522 | $42,566 | $157,400 | Compare |
| Harlan | 2,304 | $30,365 | $112,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Anchorage With Other Cities
Frequently Asked Questions about Anchorage
What is the population of Anchorage, KY?
The population of Anchorage, KY is 2,421 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Anchorage?
The median household income in Anchorage, KY is $215,156 per year, which is 186% above the national median of $75,149.
What is the median home value in Anchorage?
The median home value in Anchorage, KY is $827,000, which is 238% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Anchorage?
The median monthly rent in Anchorage, KY is $1,861, which is 60% above the national average of $1,163/month.
What is the unemployment rate in Anchorage?
The unemployment rate in Anchorage, KY is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Anchorage, KY a good place to live?
Anchorage offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,421 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Anchorage, KY?
80.7% of residents in Anchorage 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 Anchorage?
Key cost-of-living indicators for Anchorage, KY: median home value is $827,000 (238% above national), median rent is $1,861/month, and median household income is $215,156. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Anchorage?
The poverty rate in Anchorage, KY is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Anchorage, KY?
Anchorage's population is 0.5% White, 2.0% Hispanic or Latino, 1.1% Black or African American, 0.8% Asian, and 2.5% two or more races. 4.3% of residents are foreign-born.