Funny River, AK Profile: Facts & Data

The Funny River Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Funny River Census Designated Place is located within the Kenai-Cook Inlet Census Subarea of Kenai Peninsula 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.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Funny River, AK Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,151 (100%)
Population in Households	1,151 (100.0%)
Population in Families	933 (81.1%)
Population in Group Quarters¹	0
Population Density	43
Diversity Index²	37


INCOME
Median Household Income	$59,159
Average Household Income	$77,214
% of Income for Mortgage⁴	51%
Per Capita Income	$35,018
Wealth Index⁵	82
Socioeconomic Status Index⁶	Moderate (47.4)

HOUSING
Total HU (Housing Units)	1,191 (100%)
Owner Occupied HU	462 (38.8%)
Renter Occupied HU	60 ( 5.0%)
Vacant Housing Units	669 (56.2%)
Median Home Value	$477,778
Average Home Value	$563,799
Housing Affordability Index³	51

HOUSEHOLDS
Total Households	522
Average Household Size	2.20
Family Households	322
Average Family Size	3.00

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.
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.

Funny River, AK - Peer Comparisons by Rank and Percentile

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

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.01%	0.19%
Households	0.69%	0.57%
Families		-0.06%
Median Household Income		1.82%
Per Capita Income		2.99%
Owner Occupied HU		0.73%

Variable Description	Rank	Percentile
Total Population	# 66	82nd
Population Density	# 112	69th
Median Household Income	# 187	47th
Housing Affordability Index	# 169	48th
Per Capita Income	# 151	58th
Diversity Index	# 208	41st

Funny River, AK Profile: Facts & Data

Funny River, Alaska - Basic Facts

Funny River, AK Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Funny River, AK - Peer Comparisons by Rank and Percentile

Funny River, AK - Most Popular Things to Do

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