Platinum, AK Profile: Facts & Data

The City of Platinum had a population of 63 as of July 1, 2020. Platinum ranks in the lower quartile for Population Density and 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 Platinum is located at latitude 59.0131 and longitude -161.8164 in Bethel (CA) Borough. The formal boundaries for the City of Platinum encompass a land area of 45.07 sq. miles and a water area of 0.04 sq. miles. Bethel (CA) Borough is in the Alaska time zone (GMT -9). The elevation is 0 feet.

The City of Platinum (GNIS ID: 2419450) 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 Platinum is located within the Lower Kuskokwim Census Subarea of Bethel (CA) 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.

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

POPULATION
Total Population	63 (100%)
Population in Households	63 (100.0%)
Population in Families	56 (88.9%)
Population in Group Quarters¹	0
Population Density	1
Diversity Index²	12


INCOME
Median Household Income	$29,226
Average Household Income	$43,085
% of Income for Mortgage⁴	0%
Per Capita Income	$12,252
Wealth Index⁵	30

HOUSING
Total HU (Housing Units)	32 (100%)
Owner Occupied HU	13 (40.6%)
Renter Occupied HU	6 (18.7%)
Vacant Housing Units	12 (37.5%)
Median Home Value	$75,000
Average Home Value	$123,077
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	20
Average Household Size	3.15
Family Households	15
Average Family Size	4

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.

Platinum, AK - Peer Comparisons by Rank and Percentile

The table below compares Platinum to the other 353 incorporated cities, towns and CDPs 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.32%	0.32%
Households	0.5%	0.0%
Families	1.41%	0.0%
Median Household Income		1.17%
Per Capita Income		0.81%
Owner Occupied HU		1.49%

Variable Description	Rank	Percentile
Total Population	# 285	20th
Population Density	# 295	16th
Median Household Income	# 325	8th
Housing Affordability Index	# 166	47th
Per Capita Income	# 320	10th
Diversity Index	# 316	11th

Platinum, AK Profile: Facts & Data

Platinum, Alaska - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Platinum, AK - Peer Comparisons by Rank and Percentile

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