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

Is Sterling, Alaska a good place to live?
Sterling is a city in Alaska state in USA with a population of 5150 residents.. The poverty rate of Sterling is 9.7%, which is 31% lower than national average. The typical household in Sterling earns $90799 a year, compared to the national median of $67,500. Nearly 24.4% 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 Sterling, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Sterling remained 12.5%, which is 166% higher than national rate. Nearly 3 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 Sterling, only 25% of adults have a bachelor's degree and 41% have some college but no degree.

Cost of living in Sterling is 124, which is 24% higher than national average. Median home value in Sterling is $301900 , which is 31% higher than national average. While median income in Sterling remained $90799, which is 35% 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
5150
Unemployment
12.5%
166% NAT AVG.
Poverty
9.7%
31% NAT AVG.
Overall Score
5
Median Home Cost
$301900
31% NAT AVG.
Median Income
$90799
35% NAT AVG.
Median Rent
$991
15% NAT AVG.
Cost Of Living
124
24% NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 8
People Earning < $10,000
1 in 31
People Earning < $50,000
24.4%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs70%

Housing85%

Affordability80%

Safety50%

Amenities50%

Diversity60%

Education80%

Commute70%