Anchorage, AK Metro Area

Metro Area

Population: 399,746 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Anchorage, AK Metro Area

What is the median household income in Anchorage, AK Metro Area?: The median household income in Anchorage, AK Metro Area is $95,918 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Anchorage, AK Metro Area?: The poverty rate in Anchorage, AK Metro Area is 6.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Anchorage, AK Metro Area?: $358,900 (U.S. Census Bureau ACS 2023).
What is the average rent in Anchorage, AK Metro Area?: The median gross rent in Anchorage, AK Metro Area is $1,422 per month (U.S. Census Bureau ACS 2023).
What percentage of Anchorage, AK Metro Area residents have a college degree?: 34.0% of adults in Anchorage, AK Metro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

399,746

Median Income

$95,918

Median Home Value

$358,900

Poverty Rate

6.2%

Unemployment (ACS 2023)

4.9%

Median Age

35.0 yrs

Since 2019 Median Income: +$12,870 (+15.5%) Home Value: +$64,100 (+21.7%) Poverty Rate: -0.1 pp (-1.6%) Bachelor's+: +1.7 pp (+5.3%) Unemployment: -1.6 pp (-24.6%)

Demographics

Total Population 399,746

Median Age 35.0

Female 48.6%

Race & Ethnicity

Hispanic or Latino 8.2% White (non-Hisp.) 61.0% Black 4.2% Asian 7.6% Two or More 12.5% Other 2.7%

Asian Subgroups (% of total pop.)

Filipino

3.8%

Korean

0.7%

Chinese

0.4%

Japanese

0.2%

Indian

0.1%

Vietnamese

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

3.8%

Puerto Rican

1.2%

Cuban

0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $95,918 ±$1,755

Per Capita Income $117,296

Median Family Income $115,305

Poverty Rate 6.2%

Child Poverty Rate 9.0%

Working-Age Poverty Rate —

SNAP Recipients 9.2%

Social Security Income —

Retirement Income 24.5%

Household Income Distribution

< $10k

3.4%

$10–15k

2.0%

$15–25k

4.9%

$25–35k

4.7%

$35–50k

8.5%

$50–75k

14.6%

$75–100k

13.8%

$100–150k

19.8%

$150–200k

12.5%

$200k+

15.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 170,639

Owner-Occupied 67.2%

Renter-Occupied 32.8%

Vacancy Rate 13.5%

Median Home Value $358,900

Median Gross Rent $1,422

Owner Cost Burden (30%+) 21.3%

Renter Cost Burden (30%+) 38.6%

Home Value Distribution

< $50k

3.9%

$50–100k

1.5%

$100–200k

3.2%

$200–300k

21.3%

$300–500k

43.6%

$500k–$1M

19.7%

$1M+

1.8%

Gross Rent Distribution

< $500

3.9%

$500–1k

15.2%

$1–1.5k

36.0%

$1.5–2k

25.1%

$2–2.5k

12.2%

$2.5–3.5k

4.8%

$3.5k+

2.7%

Vehicle Availability

No vehicle

5.1%

1 vehicle

31.5%

2 vehicles

38.4%

25.1%

Housing Type

Single-fam. det.

57.8%

Single-fam. att.

10.0%

2–4 units

5.5%

5–19 units

5.1%

20+ units

5.9%

Mobile home

3.6%

Housing Age

Pre-1940

0.7%

1940–1969

0.8%

1970–1999

22.9%

2000–2009

16.8%

2010+

9.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 94.1%

Bachelor's or Higher 34.0%

Graduate Degree 12.7%

Some College / Associate 23.6%

Less Than High School 2.0%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 67.2%

Unemployment Rate 4.9%

Work from Home 9.8%

Self-Employed 5.9%

Government Workers 21.7%

Private For-Profit 72.1%

Industry

Edu/Health

24.3%

Retail

10.8%

Prof. Services

10.0%

Public Admin

9.8%

Transportation

9.6%

Arts/Entmt.

8.9%

Construction

7.6%

Finance

4.7%

Agriculture

3.1%

Manufacturing

2.7%

Information

1.9%

Wholesale

1.8%

Occupation

Management

41.1%

Sales

20.0%

Food Prep

17.2%

Production

11.3%

Construction

10.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 22.8 min

Drove Alone 71.3%

Carpool 11.7%

Public Transit 1.2%

Work from Home 9.8%

Walked 2.4%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 147,550

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 48.9%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 20.7%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

6.5%

5–9

7.1%

10–14

6.7%

15–19

6.4%

20–24

6.9%

25–34

15.9%

35–44

14.2%

45–54

11.7%

55–64

5.9%

65–74

6.0%

75–84

8.5%

85+

3.3%

Under 18: 24.4% Working age (18–64): 75.6% 65 and over: 12.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 8.7%

Naturalized Citizen 65.3%

Speaks English Less Than Very Well 4.7%

Foreign-Born Origin

Asia

53.1%

Latin America

17.6%

Europe

13.5%

Africa

4.2%

Veterans & Disability

Veteran 12.0%

With a Disability 12.6%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 89.4%

Uninsured 10.6%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 93.7%

Has a Computer 97.6%

Same House 1 Year Ago 84.6%

Moved from Abroad 0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023