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, and has more people than all of Northern Canada and Greenland combined. 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...

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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