Pros and Cons of Living In Anchorage, Alaska. Is Anchorage, AK a Nice Place To Live or Retire?

Anchorage, Alaska

Moving to Anchorage In Alaska ? Is Anchorage, AK a Nice Place To Live? Pros and Cons of Living in Anchorage, Alaska. Find out the best and worst about to live, raise a family or retire in Anchorage.

Anchorage (Tanaina: Dgheyay Kaq'; Dgheyaytnu), officially the Municipality of Anchorage, is the most populous city in the U.S. state of Alaska. With a population of 291,247 at the 2020 census, it contains nearly 40 percent of the state's population. The Anchorage metropolitan area, which includes Anchorage and the neighboring Matanuska-Susitna Borough, had a population of 398,328 in 2020, accounting for more than half the state's population. At 1,706 sq mi (4,420 km2) of land area, the city is the fourth-largest by area in the U.S.

Anchorage is in Southcentral Alaska, at the terminus of the Cook Inlet, on a peninsula formed by the Knik Arm to the north and the Turnagain Arm to the south. First settled...

DEMOGRAPHICS

Population
292090
Unemployment
5.2%
11% NAT AVG.
Poverty
8.8%
37% NAT AVG.
Cost Of Living
130
30% NAT AVG.

ECONOMICS

Median Home Cost
$320100
39% NAT AVG.
Median Income
$84813
26% NAT AVG.
Median Rent
$1310
13% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
13344
99% NAT. AVG.
50% STATE AVG.
Violent Crime
3472
212% NAT. AVG.
45% STATE AVG.
Property Crime
9872
76% NAT. AVG.
52% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 19
People Earning < $10,000
1 in 33
People Earning < $50,000
25.7%
People With Any Degree
1 in 2.2

ETHNICITY

Ethnicity Anchorage USA
White 56.7% 60.1%
African American 5.1% 12.2%
American Indian 6.9% 0.6%
Asian 9.4% 5.6%
Hawaiian 2.8% 0.2%
Multiracial 9.2% 2.8%
Hispanic 9.4% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Anchorage USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 2.3% 4.1%
$15,000 to $24,999 4.9% 8.5%
$25,000 to $34,999 6.3% 8.6%
$35,000 to $49,999 9.2% 12.0%
$50,000 to $74,999 18.2% 17.2%
$75,000 to $99,999 14.3% 12.8%
$100,000 to $149,999 20.2% 15.6%
$150,000 to $199,999 10.8% 7.1%

EDUCATION

Education Anchorage USA
< 9th Grade 1% 5.0%
9-12th Grade 4% 7.0%
High School or GED 24% 27.0%
Other College 25% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 23% 20.0%
Master's Degree 10% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 1% 1.0%
Anchorage is a city in Alaska state in USA with a population of 292090 residents.. The poverty rate of Anchorage is 8.8%, which is 37% lower than national average. The typical household in Anchorage earns $84813 a year, compared to the national median of $67,500. Nearly 25.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Anchorage remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Anchorage is 130, which is 30% higher than national average. In Anchorage, only 37% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Anchorage is $320100 , which is 39% higher than national average. While median income in Anchorage remained $84813, which is 26% 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.
Anchorage Scorecard

Jobs80%

Housing85%

Affordability60%

Safety30%

Amenities80%

Diversity95%

Education85%

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