Alaska · GEOID 02020

Anchorage Municipality

2024 ACS 5-year estimates · population 288,976 · 120,348 housing units

Median household income

$103,284

State $93,813

Median home value

$395,900

State $350,167

Median gross rent

$1,489

State $1,415

Homeownership rate

63.9%

State 66.8%

Renter cost-burden rate

46.3%

≥30% of income

Owner cost-burden rate

22.8%

≥30% of income

Homeowner vacancy

1.4%

Of owner-occupied + for-sale units

Rental vacancy

7.9%

Of renter-occupied + for-rent units

Overall vacancy

9.8%

All housing units

Price-to-income ratio

3.83

Affordable: 2.0–3.0

Section 1

Community Profile

Population, demographics, household composition, and income.

Community Data Summary

	Anchorage Municipality	Alaska
Population	288,976	735,706
Population density (per sq. mi.)	169.28	—
Median household income	$103,284	$93,813
HUD Area Median Income (4-person, 100%)	$135,100	—
Households	108,597	—
Average household size	2.59 people	—
Owner-occupied	63.9%	66.8%
Renter-occupied	36.1%	33.2%
Race	56.8% White · 5.0% Black	0.0% White · 0.0% Black

Source: ACS 5-year 2024 (Tables DP05, S1101, DP04, S1901) and Census Gazetteer (land area); HUD FY2026 Income Limits.

Racial composition

Anchorage Municipality compared with Alaska.

Source: ACS 5-year 2024, Table DP05.

Educational attainment (population 25+)

38.7% hold a bachelor's degree or higher (state: 31.7%).

Source: ACS 5-year 2024, Table S1501.

Median Household Income by Tenure

Owner-occupied vs. renter-occupied household income, county and state.

Source: ACS 5-year 2024, Table B25119.

Median Household Income by Age of Householder

Median household income by age group of householder.

Source: ACS 5-year 2024, Table B19049.

Median Household Income by Number of Earners

Median household income for families with each earner count.

Source: ACS 5-year 2024, Table S1903.

Household Size

Distribution of households by number of people.

Source: ACS 5-year 2024, Table S2501.

Income by Number of Earners

Earners	Share	Median income	Attainable monthly housing cost	Attainable home
0 earners	10.5%	$81,465	$2,037	$272,221
1 earner	30.9%	$87,868	$2,197	$296,055
2 earners	46.6%	$143,042	$3,576	$501,431
3+ earners	12.0%	$180,815	$4,520	$642,035

Attainable monthly housing cost = 30% of gross income ÷ 12. Attainable home price assumes 30% housing budget, 30-yr mortgage at 7%, 5% down.

Source: ACS 5-year 2024, Table S1903; affordability formula derived.

Households

108,597

Average size: 2.59 people

Households with children

30,827

28.4% of households

Per-capita income

$51,144

Poverty rate: 8.6%

Section 2

Residential Market Analysis

Housing stock characteristics — tenure, type, age, size, vacancy, rents.

Tenure

63.9% owner-occupied vs. state average 66.8%.

Source: ACS 5-year 2024, Table DP04.

Structure type

Single-family share 61.0% · Missing middle (2–19 units) 27.0%.

Source: ACS 5-year 2024, Table B25024.

Housing stock by decade

43.3% built before 1980 · Median structure age 1,982.00 yrs.

Source: ACS 5-year 2024, Table S2504.

Housing size mismatch

Compares the share of housing units by bedroom count against the share of households by size — a common diagnostic of housing supply/demand alignment.

Source: ACS 5-year 2024, Tables B25041 (bedrooms) and S2501 (household size).

Home value distribution

Owner-occupied homes by value bracket. Median: $395,900.

Source: ACS 5-year 2024, Table DP04.

Monthly Housing Costs

Distribution of monthly housing costs across all occupied units.

Source: ACS 5-year 2024, Table B25104.

Number of Bedrooms

Housing units by number of bedrooms.

Source: ACS 5-year 2024, Table B25041.

Median rent by bedroom

Overall median gross rent: $1,489.

Source: ACS 5-year 2024, Table B25031.

Renters by age

Number of renter householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Owners by age

Number of owner householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Vacancy composition

All 11,751 vacant units split into Census's seven categories. Frictional vacancy (units actively on the market) reflects healthy churn. Structural vacancy (seasonal, migrant, other) sits outside the market for year-round residents — high values change how the headline vacancy rate should be read.

Vacant units by type

For sale 8.7% · For rent 29.2% · Seasonal 15.7% · Other 37.6%.

Source: ACS 5-year 2024, Table B25004.

Frictional vs structural

46.0% of vacancy is frictional (for sale + for rent + rented/sold not yet occupied); 54.0% is structural (seasonal + migrant + other).

Source: ACS 5-year 2024, Table B25004.

Seasonal / recreational share of all housing

1.5%

1,849 units of 120,348 total

Housing units held for seasonal or recreational use.

"Other vacant" share of all housing

3.7%

4,414 units of 120,348 total

Census "Other vacant" — units off the market for reasons other than seasonal, migrant, sale, or rental.

Section 3

Workforce Housing Needs Assessment

Affordability, cost burden, and the housing options for households in the workforce income range.

Workforce range — ACS median household income

80% MHI$82,627

100% MHI$103,284

120% MHI$123,941

County-wide median from ACS 5-year estimates. A household at 100% MHI in Anchorage Municipality should be able to afford a home up to roughly — (30% housing budget, default mortgage terms).

Workforce range — HUD Area Median Income

	1-person	2-person	4-person
80% AMI	$74,800	$85,450	$106,800
100% AMI	$94,570	$108,080	$135,100
120% AMI	$113,500	$129,700	$162,100

HUD FMR Area: Anchorage, AK HUD Metro FMR Area. 80% AMI uses HUD's published Section 8 Low Income Limits; 100% is HUD MFI; 120% is the standard workforce convention.

Affordability calculator

Follows the standard 30%-of-gross-income affordability rule.

Income basis Household income Interest rate % Down payment % Taxes & insurance / yr

Affordable monthly—

Affordable home price—

Renter cost burden

46.3% of renter households spend ≥30% of income on rent (20.7% spend ≥50%).

Source: ACS 5-year 2024, Table B25070.

Owner cost burden by income

22.8% of homeowners spend ≥30% of income on housing. Bars show counts of cost-burdened owners by income bracket.

Source: ACS 5-year 2024, Table B25106.

Household income — owners vs renters

Distribution of household income for owner-occupied (navy) and renter-occupied (gold) households.

Source: ACS 5-year 2024, Table B25118.

Section 4

Industry & Workforce Wages

Employment, average wages, and the housing each industry's typical earner can afford in Anchorage Municipality.

Covered employment

147,258

Across 21 sectors

Establishments

8,829

QCEW 2024

Avg annual pay (workforce)

$74,665

Employment-weighted across sectors

Top 10 sectors by employment

Annual average employment by NAICS 2-digit sector. Counties with fewer than five covered establishments in a sector may show suppressed totals.

Source: BLS QCEW Annual Averages, 2024.

Attainable housing by industry

Industry	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 62 Health care and social assistance NAICS 62	26,284	$72,331	$238,221	−$157,679	$1,808
NAICS 44-45 Retail trade NAICS 44-45	15,521	$43,841	$132,172	−$263,728	$1,096
NAICS 92 Public administration NAICS 92	15,464	$90,659	$306,444	−$89,456	$2,266
NAICS 72 Accommodation and food services NAICS 72	14,261	$34,369	$96,914	−$298,986	$859
NAICS 48-49 Transportation and warehousing NAICS 48-49	14,202	$97,263	$331,026	−$64,874	$2,432
NAICS 54 Professional, scientific, and technical services NAICS 54	9,485	$99,776	$340,381	−$55,519	$2,494
NAICS 61 Educational services NAICS 61	8,762	$62,561	$201,854	−$194,046	$1,564
NAICS 23 Construction NAICS 23	8,372	$104,363	$357,455	−$38,445	$2,609
NAICS 56 Administrative and support and waste management and remediation services NAICS 56	6,689	$57,823	$184,217	−$211,683	$1,446
NAICS 81 Other services (except public administration) NAICS 81	5,091	$55,669	$176,199	−$219,701	$1,392
NAICS 42 Wholesale trade NAICS 42	4,711	$74,911	$247,825	−$148,075	$1,873
NAICS 52 Finance and insurance NAICS 52	3,770	$93,113	$315,579	−$80,321	$2,328
NAICS 71 Arts, entertainment, and recreation NAICS 71	2,765	$34,869	$98,775	−$297,125	$872
NAICS 51 Information NAICS 51	2,569	$96,195	$327,051	−$68,849	$2,405
NAICS 53 Real estate and rental and leasing NAICS 53	2,535	$60,834	$195,425	−$200,475	$1,521
NAICS 55 Management of companies and enterprises NAICS 55	1,978	$120,871	$418,903	+$23,003	$3,022
NAICS 31-33 Manufacturing NAICS 31-33	1,877	$58,406	$186,387	−$209,513	$1,460
NAICS 21 Mining, quarrying, and oil and gas extraction NAICS 21	1,704	$249,416	$897,391	+$501,491	$6,235
NAICS 22 Utilities NAICS 22	863	$129,624	$451,485	+$55,585	$3,241
NAICS 11 Agriculture, forestry, fishing and hunting NAICS 11	278	$37,748	$109,491	−$286,409	$944
NAICS 99 Unclassified NAICS 99	77	$48,188	$148,353	−$247,547	$1,205

Subsector	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 621 Ambulatory health care services NAICS 621	11,766	$80,199	$267,508	−$128,392	$2,005
NAICS 722 Food services and drinking places NAICS 722	11,291	$32,387	$89,536	−$306,364	$810
NAICS 541 Professional, scientific, and technical services NAICS 541	9,485	$99,776	$340,381	−$55,519	$2,494
NAICS 611 Educational services NAICS 611	8,762	$62,561	$201,854	−$194,046	$1,564
NAICS 622 Hospitals NAICS 622	7,925	$84,948	$285,186	−$110,714	$2,124
NAICS 561 Administrative and support services NAICS 561	5,885	$54,047	$170,162	−$225,738	$1,351
NAICS 455 General merchandise retailers NAICS 455	4,537	$37,722	$109,395	−$286,505	$943
NAICS 481 Air transportation NAICS 481	4,192	$105,034	$359,953	−$35,947	$2,626
NAICS 624 Social assistance NAICS 624	4,138	$42,465	$127,050	−$268,850	$1,062
NAICS 238 Specialty trade contractors NAICS 238	3,685	$85,061	$285,606	−$110,294	$2,127
NAICS 921 Executive, legislative, and other general government support NAICS 921	3,485	$88,595	$298,761	−$97,139	$2,215
NAICS 721 Accommodation NAICS 721	2,970	$41,901	$124,950	−$270,950	$1,048
NAICS 492 Couriers and messengers NAICS 492	2,878	$140,130	$490,592	+$94,692	$3,503
NAICS 923 Administration of human resource programs NAICS 923	2,716	$79,062	$263,276	−$132,624	$1,977
NAICS 928 National security and international affairs NAICS 928	2,697	$91,621	$310,025	−$85,875	$2,291
NAICS 424 Merchant wholesalers, nondurable goods NAICS 424	2,647	$64,663	$209,678	−$186,222	$1,617
NAICS 459 Sporting goods, hobby, musical instrument, book, and miscellaneous retailers NAICS 459	2,573	$32,189	$88,799	−$307,101	$805
NAICS 623 Nursing and residential care facilities NAICS 623	2,454	$44,252	$133,701	−$262,199	$1,106
NAICS 926 Administration of economic programs NAICS 926	2,440	$103,626	$354,712	−$41,188	$2,591
NAICS 813 Religious, grantmaking, civic, professional, and similar organizations NAICS 813	2,383	$60,791	$195,265	−$200,635	$1,520
NAICS 237 Heavy and civil engineering construction NAICS 237	2,376	$134,839	$470,897	+$74,997	$3,371
NAICS 522 Credit intermediation and related activities NAICS 522	2,372	$79,196	$263,775	−$132,125	$1,980
NAICS 236 Construction of buildings NAICS 236	2,311	$103,807	$355,385	−$40,515	$2,595
NAICS 922 Justice, public order, and safety activities NAICS 922	2,189	$90,514	$305,904	−$89,996	$2,263
NAICS 441 Motor vehicle and parts dealers NAICS 441	2,025	$70,642	$231,934	−$163,966	$1,766
NAICS 713 Amusement, gambling, and recreation industries NAICS 713	1,995	$27,080	$69,781	−$326,119	$677
NAICS 488 Support activities for transportation NAICS 488	1,983	$59,297	$189,704	−$206,196	$1,482
NAICS 551 Management of companies and enterprises NAICS 551	1,978	$120,871	$418,903	+$23,003	$3,022
NAICS 517 Telecommunications NAICS 517	1,936	$104,013	$356,152	−$39,748	$2,600
NAICS 423 Merchant wholesalers, durable goods NAICS 423	1,909	$88,776	$299,435	−$96,465	$2,219
NAICS 924 Administration of environmental quality programs NAICS 924	1,814	$91,408	$309,232	−$86,668	$2,285
NAICS 531 Real estate NAICS 531	1,794	$61,625	$198,370	−$197,530	$1,541
NAICS 445 Food and beverage retailers NAICS 445	1,740	$37,896	$110,042	−$285,858	$947
NAICS 444 Building material and garden equipment and supplies dealers NAICS 444	1,737	$49,019	$151,446	−$244,454	$1,225
NAICS 484 Truck transportation NAICS 484	1,468	$79,029	$263,153	−$132,747	$1,976
NAICS 811 Repair and maintenance NAICS 811	1,436	$60,979	$195,965	−$199,935	$1,524
NAICS 812 Personal and laundry services NAICS 812	1,217	$40,365	$119,233	−$276,667	$1,009
NAICS 211 Oil and gas extraction NAICS 211	1,091	$300,998	$1,089,397	+$693,497	$7,525
NAICS 524 Insurance carriers and related activities NAICS 524	990	$89,792	$303,217	−$92,683	$2,245
NAICS 458 Clothing, clothing accessories, shoe, and jewelry retailers NAICS 458	958	$26,957	$69,324	−$326,576	$674
NAICS 221 Utilities NAICS 221	863	$129,624	$451,485	+$55,585	$3,241
NAICS 491 Postal service NAICS 491	842	$86,949	$292,634	−$103,266	$2,174
NAICS 562 Waste management and remediation services NAICS 562	804	$85,465	$287,110	−$108,790	$2,137
NAICS 449 Furniture, home furnishings, electronics, and appliance retailers NAICS 449	789	$52,660	$164,999	−$230,901	$1,317
NAICS 482 Rail transportation NAICS 482	711	$86,253	$290,043	−$105,857	$2,156
NAICS 311 Food manufacturing NAICS 311	698	$43,588	$131,230	−$264,670	$1,090
NAICS 457 Gasoline stations and fuel dealers NAICS 457	633	$62,648	$202,178	−$193,722	$1,566
NAICS 485 Transit and ground passenger transportation NAICS 485	544	$41,403	$123,097	−$272,803	$1,035
NAICS 213 Support activities for mining NAICS 213	535	$163,294	$576,816	+$180,916	$4,082
NAICS 456 Health and personal care retailers NAICS 456	531	$47,703	$146,547	−$249,353	$1,193
NAICS 487 Scenic and sightseeing transportation NAICS 487	472	$52,428	$164,135	−$231,765	$1,311
NAICS 493 Warehousing and storage NAICS 493	429	$54,786	$172,913	−$222,987	$1,370
NAICS 712 Museums, historical sites, and similar institutions NAICS 712	418	$77,031	$255,716	−$140,184	$1,926
NAICS 483 Water transportation NAICS 483	384	$140,181	$490,782	+$94,882	$3,505
NAICS 523 Securities, commodity contracts, and other financial investments and related activities NAICS 523	369	$192,537	$685,669	+$289,769	$4,813
NAICS 711 Performing arts, spectator sports, and related industries NAICS 711	352	$28,948	$76,735	−$319,165	$724
NAICS 111 Crop production NAICS 111	262	$38,127	$110,902	−$284,998	$953
NAICS 516 Broadcasting and content providers NAICS 516	252	$68,119	$222,543	−$173,357	$1,703
NAICS 312 Beverage and tobacco product manufacturing NAICS 312	207	$37,845	$109,852	−$286,048	$946
NAICS 323 Printing and related support activities NAICS 323	175	$51,844	$161,961	−$233,939	$1,296
NAICS 332 Fabricated metal product manufacturing NAICS 332	169	$71,824	$236,334	−$159,566	$1,796
NAICS 512 Motion picture and sound recording industries NAICS 512	162	$24,695	$60,904	−$334,996	$617
NAICS 425 Wholesale trade agents and brokers NAICS 425	154	$79,674	$265,554	−$130,346	$1,992
NAICS 339 Miscellaneous manufacturing NAICS 339	150	$58,893	$188,200	−$207,700	$1,472
NAICS 513 Publishing industries NAICS 513	140	$135,870	$474,735	+$78,835	$3,397
NAICS 925 Administration of housing programs, urban planning, and community development NAICS 925	121	$120,437	$417,288	+$21,388	$3,011
NAICS 334 Computer and electronic product manufacturing NAICS 334	118	$114,825	$396,398	+$498	$2,871
NAICS 327 Nonmetallic mineral product manufacturing NAICS 327	115	$81,908	$273,870	−$122,030	$2,048
NAICS 212 Mining (except oil and gas) NAICS 212	78	$118,635	$410,580	+$14,680	$2,966
NAICS 999 Unclassified NAICS 999	77	$48,188	$148,353	−$247,547	$1,205
NAICS 518 Computing infrastructure providers, data processing, web hosting, and related services NAICS 518	72	$71,818	$236,311	−$159,589	$1,795
NAICS 337 Furniture and related product manufacturing NAICS 337	64	$67,908	$221,757	−$174,143	$1,698
NAICS 814 Private households NAICS 814	55	$33,701	$94,427	−$301,473	$843
NAICS 336 Transportation equipment manufacturing NAICS 336	51	$75,296	$249,258	−$146,642	$1,882
NAICS 525 Funds, trusts, and other financial vehicles NAICS 525	39	$83,156	$278,515	−$117,385	$2,079
NAICS 321 Wood product manufacturing NAICS 321	21	$118,890	$411,529	+$15,629	$2,972
NAICS 325 Chemical manufacturing NAICS 325	20	$48,392	$149,112	−$246,788	$1,210
NAICS 519 Web search portals, libraries, archives, and other information services NAICS 519	7	$56,572	$179,561	−$216,339	$1,414

Affordable home price assumes the industry's average earner uses 30% of gross income for housing, with a 30-year mortgage at 7%, 5% down, $2,500/yr taxes & insurance, and 0.5% PMI. Adjust the Section 3 calculator for other terms. Affordable rent is 30% of monthly gross pay.

Source: BLS QCEW Annual Averages, 2024; ACS 5-year 2024 (median home value).

Section 5

Wages by Occupation

Selected essential-worker occupations for the MSA or nonmetropolitan area containing this county — jobs, the 10-year change, wages, and the housing each typical earner can afford. Both jobs counts and wages are reported at the MSA / nonmetropolitan-area level (BLS does not publish OEWS at the county level), so every county inside the same area shows the same numbers. For county-accurate employment totals, see Section 4 above.

Occupational wages and affordable housing

Occupation	2025 jobs	2015–2025 change	% change	Hourly wage	Annual wage	Affordable home price	Affordable monthly rent
Fast Food and Counter Workers SOC 35-3023 · prior-year code differs	3,600	(1,340)	(27%)	$16.72	$34,770	$98,406	$869
Waiters and Waitresses SOC 35-3031	2,340	(470)	(17%)	$17.02	$35,410	$100,789	$885
Childcare Workers SOC 39-9011	860	(1,040)	(55%)	$18.10	$37,650	$109,127	$941
Cashiers SOC 41-2011	2,890	(110)	(4%)	$18.12	$37,690	$109,275	$942
Retail Salespersons SOC 41-2031	4,710	(1,820)	(28%)	$19.35	$40,240	$118,767	$1,006
Janitors and Cleaners SOC 37-2011	2,780	(440)	(14%)	$19.92	$41,440	$123,234	$1,036
Tellers SOC 43-3071	560	(350)	(38%)	$22.63	$47,060	$144,154	$1,177
Home Health and Personal Care Aides SOC 31-1131 · prior-year code differs	1,310	(750)	(36%)	$22.84	$47,500	$145,792	$1,188
Office Clerks, General SOC 43-9061	1,920	(1,900)	(50%)	$26.47	$55,050	$173,895	$1,376
Firefighters SOC 33-2011	420	0	0%	$27.67	$57,550	$183,201	$1,439
Maintenance and Repair Workers, General SOC 49-9071	1,680	220	15%	$28.14	$58,520	$186,812	$1,463
Construction Laborers SOC 47-2061	1,860	450	32%	$28.74	$59,790	$191,539	$1,495
Heavy and Tractor-Trailer Truck Drivers SOC 53-3032	1,620	240	17%	$32.48	$67,560	$220,462	$1,689
Paramedics SOC 29-2043 · prior-year code differs	160	(30)	(16%)	$37.15	$77,280	$256,643	$1,932
Carpenters SOC 47-2031	1,460	170	13%	$37.81	$78,640	$261,705	$1,966
Elementary School Teachers, Except Special Education SOC 25-2021	1,720	60	4%	—	$79,620	$265,353	$1,991
Electricians SOC 47-2111	930	(70)	(7%)	$41.77	$86,880	$292,377	$2,172
Plumbers, Pipefitters, and Steamfitters SOC 47-2152	640	(340)	(35%)	$42.93	$89,290	$301,348	$2,232
Police and Sheriff's Patrol Officers SOC 33-3051	570	0	0%	$53.67	$111,620	$384,468	$2,791
Registered Nurses SOC 29-1141	4,990	1,270	34%	$56.09	$116,660	$403,229	$2,917

Affordable home price uses the same Section 3 formula (30% housing budget, 30-year mortgage at 7%, 5% down, $2,500/yr T&I, 0.5% PMI). Affordable rent is 30% of monthly wages. Negative job-change values are shown in red parentheses. A "prior-year code differs" note flags occupations whose SOC code changed between the two vintages (2010 SOC → 2018 SOC) — the change estimate is best-effort.

Source: BLS OEWS May 2025 (10-year change vs. May 2015). Jobs counts and wages reflect the MSA or nonmetropolitan area containing this county, not the county alone — OEWS is not published at the county level.

Methodology & sources

All figures derive from the 2024 American Community Survey 5-year estimates. State and national comparisons are population-weighted aggregates of county-level estimates (an approximation; ACS publishes its own state and national medians which can differ slightly).

The affordability calculator uses a 30% housing-budget rule with a 30-year mortgage. Defaults are 7% interest, 5% down, $2,500/year taxes and insurance, and 0.5% PMI — adjustable above.

Variables: 02020 · pulled from Full Housing Data Table.xlsx.