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

Is Valdez, Alaska a good place to live?
Valdez is a city in Alaska state in USA with a population of 3847 residents.. The poverty rate of Valdez is 8.2%, which is 41% lower than national average. The typical household in Valdez earns $85085 a year, compared to the national median of $67,500. Nearly 35.4% 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 Valdez, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Valdez remained 1.9%, which is 60% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Valdez, only 34% of adults have a bachelor's degree and 41% have some college but no degree.

Cost of living in Valdez is 0, which is 100% lower than national average. Median home value in Valdez is $168600 , which is 27% lower than national average. While median income in Valdez remained $85085, which is 26% higher than national average.
Population
3847
Unemployment
1.9%
60% NAT AVG.
Poverty
8.2%
41% NAT AVG.
Overall Score
8.5
Median Home Cost
$168600
27% NAT AVG.
Median Income
$85085
26% NAT AVG.
Median Rent
$1192
3% NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 53
People Earning < $10,000
1 in 14
People Earning < $50,000
35.4%
People with <= High School
1 in 4
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs90%

Housing80%

Affordability85%

Safety80%

Amenities50%

Diversity70%

Education90%

Commute100%