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Economy, jobs and prices in Anchorage, Alaska: official figures

The median household income in Anchorage was $103,284 a year in the 2020-2024 American Community Survey (in 2024 dollars), 203rd highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Alaska median $92,788.

Median household income
$103,284
2020-2024
Unemployment rate (ACS)
4.6%
2020-2024
Mean travel time to work
18.8 min
2020-2024
Median gross rent (monthly)
$1,489
2020-2024
Median home value (owner-occupied)
$395,900
2020-2024
Homes occupied by their owners
63.9%
2020-2024
Households with a broadband subscription
94.5%
2020-2024

What is the per capita income in Anchorage?

Income per resident (per capita income) in Anchorage averaged $51,144 a year in 2020-2024, 208th highest of 823 US cities of 50,000 or more (US: $44,673; Alaska: $46,573).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Anchorage?

Anchorage's Gini index of household income inequality was 0.431 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 280th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Anchorage, Alaska?

4.6% of the civilian labor force in Anchorage was unemployed on average over 2020-2024 (6,801 people), 282nd lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Alaska's 5.9%.

Source: U.S. Census Bureau · saved copy

What share of people in Anchorage are working?

69.8% of Anchorage's 227,855 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 164th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Anchorage have jobs?

141,618 residents of Anchorage held civilian jobs, 62.2% of those aged 16 and over (US: 59.7%), and 10,629 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Anchorage?

The largest industry group for working residents of Anchorage was education, health care and social assistance (25.6% of employed residents), followed by public administration (10.9%) and transport, warehousing and utilities (10.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Anchorage work in manufacturing?

Manufacturing employed 2.4% of working residents of Anchorage, 5th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 10.5% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Anchorage, Alaska?

Commuters in Anchorage took 18.8 minutes on average to get to work in 2020-2024, 102nd shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 2.9% travelled an hour or more and 37.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Anchorage get to work?

10.9% of workers living in Anchorage worked from home in 2020-2024, 257th lowest of 823 US cities of 50,000 or more (US: 15.1%). 69.9% drove to work alone, 12.1% carpooled, 1.4% used public transport and 2.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Anchorage, Alaska?

The median gross rent (rent plus utilities) in Anchorage was $1,489 a month in 2020-2024, 364th lowest of 823 US cities of 50,000 or more (US: $1,413; Alaska: $1,419).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Anchorage?

Owner-occupied homes in Anchorage had a median value of $395,900 in 2020-2024 as estimated by their owners, 400th highest of 823 US cities of 50,000 or more (US: $332,700; Alaska: $352,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Anchorage?

The median home value in Anchorage was 3.8 times the median household income, 278th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Anchorage, Alaska own their home?

63.9% of the 108,597 occupied homes in Anchorage were lived in by their owners in 2020-2024 and 39,204 were rented, 276th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Alaska: 66.8%).

Source: U.S. Census Bureau · saved copy

What share of homes in Anchorage have broadband?

94.5% of households in Anchorage had a broadband internet subscription of some type in 2020-2024, 233rd highest of 823 US cities of 50,000 or more (US: 91.0%; Alaska: 91.9%).

Source: U.S. Census Bureau · saved copy

How many households in Anchorage have no internet?

3.5% of households in Anchorage (3,836) had no internet access at home in 2020-2024, 257th lowest of 823 US cities of 50,000 or more (US: 6.5%); 13.7% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Anchorage compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Anchorage ranks 203 of 823, highest first.

RankCityMedian household income (2024 dollars)
200Noblesville$104,047
201Marysville$103,974
202Goodyear$103,319
203Anchorage$103,284
204Lenexa$103,239
205Edmond$103,183
206Thornton$103,088
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Anchorage ranks 208 of 823, highest first.

RankCityPer capita income (2024 dollars)
205Salt Lake City$51,173
206Pearland$51,157
207Palatine$51,147
208Anchorage$51,144
209Santa Clarita$51,072
210Peabody$51,060
211Orland Park$51,045
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Anchorage ranks 544 of 823, highest first.

RankCityGini index of household income inequality
541Haverhill0.431
542Pawtucket0.431
543Ogden0.431
544Anchorage0.431
545Petaluma0.431
546Warren0.431
547Rockville0.431
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Anchorage ranks 542 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
539Waco4.6%
540Rio Rancho4.6%
541Centennial4.6%
542Anchorage4.6%
543San Clemente4.6%
544Jacksonville4.6%
545Melbourne4.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Anchorage ranks 164 of 823, highest first.

RankCityLabor force participation rate (16 and over)
161Norfolk69.8%
162Grand Prairie69.8%
163Eastvale69.8%
164Anchorage69.8%
165Mesquite69.8%
166South Fulton69.7%
167Tustin69.7%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Anchorage ranks 722 of 823, highest first.

RankCityMean travel time to work (minutes)
719Boise City18.9
720Idaho Falls18.9
721Gainesville18.8
722Anchorage18.8
723Greenville18.8
724Shreveport18.8
725Johnson City18.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Anchorage ranks 567 of 823, highest first.

RankCityWorkers who worked from home
564Fresno10.9%
565Auburn10.9%
566Oklahoma City10.9%
567Anchorage10.9%
568Topeka10.9%
569Buena Park10.9%
570Schenectady10.9%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Anchorage ranks 347 of 823, highest first.

RankCityWorkers commuting by public transportation
344Brentwood1.4%
345Tracy1.4%
346Rialto1.4%
347Anchorage1.4%
348Colton1.4%
349Decatur1.4%
350Lancaster1.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Anchorage ranks 819 of 823, highest first.

RankCityEmployed residents working in manufacturing
816Tallahassee2.8%
817Mount Vernon2.6%
818Clermont2.5%
819Anchorage2.4%
820Bowie2.4%
821Alexandria2.3%
822Homestead2.2%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Anchorage ranks 216 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
213Cincinnati25.6%
214Peabody25.6%
215Lynn25.6%
216Anchorage25.6%
217Mobile25.5%
218Bozeman25.5%
219Cleveland25.5%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Anchorage ranks 460 of 823, highest first.

RankCityMedian gross rent per month
457Coon Rapids$1,494
458Millcreek$1,492
459Visalia$1,490
460Anchorage$1,489
461New Haven$1,488
462Chico$1,488
463Worcester$1,487
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Anchorage ranks 400 of 823, highest first.

RankCityMedian value of owner-occupied homes
397Madison$398,800
398Mount Prospect$397,400
399Eagan$397,100
400Anchorage$395,900
401Fall River$395,500
402Apopka$394,900
403Lenexa$394,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Anchorage ranks 543 of 820, highest first.

RankCityMedian home value as a multiple of median household income
540Sioux Falls3.8x
541Kenner3.8x
542Bryan3.8x
543Anchorage3.8x
544Wake Forest3.8x
545Bismarck3.8x
546Columbus3.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Anchorage ranks 276 of 823, highest first.

RankCityOccupied homes lived in by their owners
273Laredo64.1%
274Chino64.0%
275Deerfield Beach63.9%
276Anchorage63.9%
277McKinney63.8%
278Corona63.8%
279Franklin63.8%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Anchorage ranks 233 of 823, highest first.

RankCityHouseholds with a broadband subscription
230Smyrna94.6%
231St. Charles94.6%
232West Sacramento94.6%
233Anchorage94.5%
234Peoria94.5%
235Quincy94.5%
236Livonia94.5%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Anchorage ranks 567 of 823, highest first.

RankCityHouseholds with no internet access
564Rochester3.5%
565Vista3.5%
566Buena Park3.5%
567Anchorage3.5%
568Greenwood3.5%
569Marysville3.5%
570Denton3.5%
Source: U.S. Census Bureau · saved copy

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Sources

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