Is Meadow Lakes, Alaska a Good Place To Live? - Living In Meadow Lakes, AK

Is Meadow Lakes, Alaska a good place to live?
Meadow Lakes is a city in Alaska state in USA with a population of 8307 residents.. The poverty rate of Meadow Lakes is 11.6%, which is 17% lower than national average. The typical household in Meadow Lakes earns $70069 a year, compared to the national median of $67,500. Nearly 36.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Meadow Lakes, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Meadow Lakes remained 10.9%, which is 132% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Meadow Lakes, only 17% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Meadow Lakes is 120, which is 20% higher than national average. Median home value in Meadow Lakes is $237900 , which is 4% higher than national average. While median income in Meadow Lakes remained $70069, which is 4% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
8307
Unemployment
10.9%
132% NAT AVG.
Poverty
11.6%
17% NAT AVG.
Overall Score
5
Median Home Cost
$237900
4% NAT AVG.
Median Income
$70069
4% NAT AVG.
Median Rent
$1049
10% NAT AVG.
Cost Of Living
120
20% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 9
People Earning < $10,000
1 in 14
People Earning < $50,000
36.1%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.6
Pros & Cons Overview

Jobs60%

Housing80%

Affordability70%

Safety60%

Amenities60%

Diversity80%

Education80%

Commute30%