Anchorage Borough AK Data & Peer Group Rankings

Anchorage Borough AK Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	301,209 (100%)
Population in Households	293,604 (97.5%)
Population in Families	230,314 (76.5%)
Population in Group Quarters¹	7,605 ( 2.5%)
Population Density	177
Diversity Index²	68


INCOME
Median Household Income	$81,522
Average Household Income	$108,784
% of Income for Mortgage⁴	17%
Per Capita Income	$39,990
Wealth Index⁵	124

HOUSING
Total HU (Housing Units)	117,836 (100%)
Owner Occupied HU	67,679 (57.4%)
Renter Occupied HU	42,711 (36.2%)
Vacant Housing Units	7,446 ( 6.3%)
Median Home Value	$327,357
Average Home Value	$356,767
Housing Affordability Index³	127

HOUSEHOLDS
Total Households	110,390
Average Household Size	2.66
Family Households	71,262
Average Family Size	3

NOTES

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.
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.
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.
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).
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	2010-2020	2020-2025
Population	0.31%	-0.11%
Households	0.27%	-0.16%
Families	0.1%	-0.27%
Median Household Income		0.91%
Per Capita Income		1.71%
Owner Occupied HU		0.05%

Anchorage Borough AK - Peer Comparisons by Rank and Percentile

The table below compares Anchorage Borough to the other 29 boroughs / census areas (ca) and borough equivalents in Alaska by rank and percentile using July 1, 2020 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	# 1	100th
Population Density	# 1	100th
Median Household Income	# 3	93rd
Housing Affordability Index	# 4	14th
Per Capita Income	# 4	90th
Diversity Index	# 5	83rd

Variable Description

Rank

Percentile

Total Population

# 1

100th

Population Density

# 1

100th

Median Household Income

# 3

93rd

Housing Affordability Index

# 4

14th

Per Capita Income

# 4

90th

Diversity Index

# 5

83rd

Alaska Census Data Comparison Tool

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Anchorage Borough AK Information

Anchorage Borough AK Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Anchorage Borough AK - Peer Comparisons by Rank and Percentile

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