Matanuska-Susitna Borough AK Information

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Matanuska-Susitna Borough Subdivisions

Matanuska-Susitna Borough AK Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 114,219 (100%)
Population in Households 111,627 (97.7%)
Population in Families 91,822 (80.4%)
Population in Group Quarters1 2,592 ( 2.3%)
Population Density 5
Diversity Index2 46
 
 

INCOME

Median Household Income $89,476
Average Household Income $111,707
% of Income for Mortgage4 26%
Per Capita Income $39,351
Wealth Index5 96
Socioeconomic Status Index6 Moderate (48.1)
 

HOUSING

Total HU (Housing Units) 52,535 (100%)
Owner Occupied HU 30,403 (57.9%)
Renter Occupied HU 9,793 (18.6%)
Vacant Housing Units 12,339 (23.5%)
Median Home Value $377,791
Average Home Value $403,301
Housing Affordability Index3 92
 

HOUSEHOLDS

Total Households 40,196
Average Household Size 2.78
Family Households 27,575
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 1.53% 1.07%
Households 1.09% 0.80%
Families   0.66%
Median Household Income   2.54%
Per Capita Income   2.36%
Owner Occupied HU   1.32%

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Matanuska-Susitna Borough AK - Peer Comparisons by Rank and Percentile

The table below compares Matanuska-Susitna Borough to the other 30 boroughs / census areas (ca) and borough equivalents in Alaska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 2 97th
Population Density # 4 90th
Median Household Income # 8 77th
Housing Affordability Index # 8 27th
Per Capita Income # 16 50th
Diversity Index # 23 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.

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