Cold Bay, AK Profile: Facts & Data

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Cold Bay, Alaska - Basic Facts

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The City of Cold Bay had a population of 111 as of July 1, 2021. Cold Bay ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alaska. See peer rankings below.

The primary coordinate point for Cold Bay is located at latitude 55.1858 and longitude -162.7211 in Aleutians East Borough. The formal boundaries for the City of Cold Bay encompass a land area of 53.21 sq. miles and a water area of 18.46 sq. miles. Aleutians East Borough is in the Alaska time zone (GMT -9). The elevation is 135 feet.

The City of Cold Bay has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Cold Bay is located within the Aleutians East Census Subarea of Aleutians East Borough. Census subareas are statistical subdivisions of the county equivalents used in Alaska (boroughs, city and boroughs, municipalities, and census areas) and are the statistical equivalent of Micro Civil Divisions (MCDs) used in other states.

Alternate Unofficial Names for Cold Bay: Fort Randall.

Jump to... (On This Page!)
  1. Cold Bay 2021 Demographic Data
  2. Growth Rates for Cold Bay (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alaska Research Tools (Easy Tools & Current Data)
  3. Alaska Data Comparison Tool - 2021 Demographics
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Cold Bay, AK Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 111 (100%)
Population in Households 24 (21.6%)
Population in Families 18 (16.2%)
Population in Group Quarters1 87 (78.4%)
Population Density 2
Diversity Index2 83
 
 

INCOME

Median Household Income $52,616
Average Household Income $63,003
% of Income for Mortgage4 0%
Per Capita Income $32,350
Wealth Index5 39
 

HOUSING

Total HU (Housing Units) 85 (100%)
Owner Occupied HU 16 (18.8%)
Renter Occupied HU 36 (42.4%)
Vacant Housing Units 33 (38.8%)
Median Home Value $105,000
Average Home Value $107,353
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 52
Average Household Size 1.0
Family Households 31
Average Family Size 2
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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.24% 0.18%
Households 1.1% 0.76%
Families 0.59% 0.0%
Median Household Income   -2.48%
Per Capita Income   -0.08%
Owner Occupied HU   1.22%

Cold Bay, AK - Peer Comparisons by Rank and Percentile

The table below compares Cold Bay to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2021 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 # 236 33rd
Population Density # 275 22nd
Median Household Income # 144 59th
Housing Affordability Index # 30 8th
Per Capita Income # 106 70th
Diversity Index # 2 100th

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

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