Alaska
Maps & Population Facts
Housing Estimates
Alaska is the largest state in the United States by land area and ranks last for population density. Despite its harsh winter season, Alaska has strong economic signals including low unemployment and a much higher than average median income and labor participation rate. The state also has vast oil reserves.
Alaska is largely undeveloped with the majority of the population concentrated near Anchorage. Fishing is a major industry in Alaska, with billions of pounds of fish being caught and sold each year from Alaskan fisheries.
Income
Households in the state of Alaska earn significantly more money than the national median income, averaging 21% higher per household.
Housing
Alaska has a median house price of $273,100. The cost of homeownership is slightly higher than most states. The cost of renting in Alaska is 19% more than the national average.
Percent | Ranking | |
---|---|---|
Renter Occupied Households | 36% | 12th |
New Construction (Built after 2000) | 22% | 20th |
Demographics
The median age in the state is 35. Alaska has a population that is younger than in comparison to the US median age.
Alaska ranks average for having an educated population. The percent of residents who have a college degree is comparable with other states.
Housing Data
Alaska | USA | |
Median Property Value | 273,100 | 217,600 |
Median Mortgage Payment | 1,844 | 1,513 |
Median Gross Rent | 1,201 | 1,012 |
Property Vacancy | 20.9% | 12.6% |
% Renters | 36% | 36% |
Residents per Sq. Mi. | 1 | 93 |
Alaska | USA | |
Median Household Income | 73,181 | 60,336 |
Median Individual Income | 37,326 | 33,646 |
Median Income (Full-Time) | 52,060 | 46,881 |
Median Age | 34.5 | 38.1 |
Labor Participation | 64.8% | 62.8% |
Attained College Degree | 28.8% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
1. | Anchorage | 298,225 |
2. | Matanuska-Susitna | 101,135 |
3. | Fairbanks North Star | 100,031 |
4. | Kenai-Cook Inlet | 52,326 |
5. | Juneau | 32,434 |
Highest Household Income
1. | Chugach | 92,292 |
2. | Juneau | 90,749 |
3. | Aleutians West | 85,192 |
4. | Denali | 83,295 |
5. | Anchorage | 82,271 |
Highest Home Value
1. | Sitka | 350,900 |
2. | Juneau | 343,100 |
3. | Anchorage | 304,500 |
4. | Skagway | 293,800 |
5. | Chugach | 268,600 |
Highest Gross Rent
1. | Nome | 1,343 |
2. | Kodiak Island | 1,294 |
3. | Aleutians West | 1,277 |
4. | Lower Kuskokwim | 1,274 |
5. | Fairbanks North Star | 1,272 |