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

Is Chena Ridge, Alaska a good place to live?
Chena Ridge is a city in Alaska state in USA with a population of 5863 residents.. The poverty rate of Chena Ridge is 3.7%, which is 74% lower than national average. The typical household in Chena Ridge earns $96838 a year, compared to the national median of $67,500. Nearly 16.6% 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 Chena Ridge, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chena Ridge remained 4.6%, which is 2% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chena Ridge, only 52% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Chena Ridge is 134, which is 34% higher than national average. Median home value in Chena Ridge is $273300 , which is 19% higher than national average. While median income in Chena Ridge remained $96838, which is 43% 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
5863
Unemployment
4.6%
2% NAT AVG.
Poverty
3.7%
74% NAT AVG.
Overall Score
7
Median Home Cost
$273300
19% NAT AVG.
Median Income
$96838
43% NAT AVG.
Median Rent
$933
20% NAT AVG.
Cost Of Living
134
34% NAT AVG.
People Living BPL
1 in 27
Unemployed People
1 in 22
People Earning < $10,000
1 in 30
People Earning < $50,000
16.6%
People with <= High School
1 in 5.3
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing80%

Affordability85%

Safety60%

Amenities60%

Diversity85%

Education95%

Commute80%