Everything You Need to Know About the City of Anchorage Alaska

In 2018, Anchorage, AK had a population of 292k people with a median age of 34.3 and a median household income of $83,648 dollars. Between 2017 and 2018 the population of Anchorage, AK declined from 294,356 to 291,538, a -0.957  decrease and its median household income grew from $79,166 dollars to $83,648 dollars, a 5.66 percent increase.

The population of Anchorage, AK is 57.1 percent White Alone, 9.49 percent Asian Alone, and 9.31 percent Two or More Races. N/A% of the people in Anchorage, AK speak a non-English language, and 96.1 percent are U.S. citizens.

The largest universities in Anchorage, AK are the University of Alaska Anchorage (2,460 degrees awarded in 2017), Alaska Career College (311 degrees), and Alaska Pacific University (138 degrees).

The median property value in Anchorage, AK is $321,300 dollars, and the homeownership rate is 64.2 per. Most people in Anchorage, AK commute by Drove Alone, and the average commute time is 18.7 minutes. The average car ownership in Anchorage, AK is 2 cars per household.


Education in Anchorage

In 2017, universities in Anchorage, AK awarded 2,909 degrees. The student population of Anchorage, AK is skewed towards women, with 6,834 male students and 9,838 female students.

Most students graduating from Universities in Anchorage, AK are White (1,804 and 62.9 percent), followed by Two or More Races (243 and 8.47 percent), Asian (222 and 7.74 percent), and Hispanic or Latino (199 and 6.94 percent).

The largest universities in Anchorage, AK by the number of degrees awarded are the University of Alaska Anchorage (2,460 and 84.6 percent), Alaska Career College (311 and 10.7 percent), and Alaska Pacific University (138 and 4.74 percent).

The most popular majors in Anchorage, AK are Liberal Arts & Sciences (300 and 10.3 percent), Medical Assistant (159 and 5.47 percent), and Registered Nursing (118 and 4.06 percent).

The median tuition costs in Anchorage, AK is $20,350 dollars for private four-year colleges, and $5,532 dollars and $17,664 dollars respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Anchorage

The economy of Anchorage, AK employs 145k people and Anchorage has an unemployment rate of 5.6 percent. Anchorage has seen the job market decreased by -0.8 percent over the last year. Future job growth over the next ten years is predicted to be 16.1 percent, which is lower than the US average of 33.5 percent. The largest industries in Anchorage, AK are Retail Trade (16,538 people), Health Care & Social Assistance (23,364 people), and Public Administration (15,484 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($142,705 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($110,567 dollars), and Utilities ($100,904 dollars).

Households in Anchorage, AK have a median annual income of $83,648 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $79,166 dollars in 2017, which represents a 5.66 percent annual growth.


Tax Rates for Anchorage

– The Sales Tax Rate for Anchorage is 0.0 percent.

– The Income Tax Rate for Anchorage is 0.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Anchorage

– The average income of an Anchorage resident is $36,508 dollars a year.

– The Median household income of an Anchorage resident is $78,121 dollars a year.