Cordova, AK Profile: Facts & Data

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Cordova, Alaska - Basic Facts

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The Cordova had a population of 2,588 as of July 1, 2022. Cordova ranks in 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 Cordova is located at latitude 60.5428 and longitude -145.7575 in Valdez-Cordova (CA) Borough. The formal boundaries for the Cordova encompass a land area of 59.97 sq. miles and a water area of 15.69 sq. miles.

The Cordova has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Cordova is located within the of Valdez-Cordova (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.


Jump to... (On This Page!)
  1. Cordova 2022 Demographic Data
  2. Growth Rates for Cordova (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 - 2022 Demographics
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Cordova, AK Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 2,588 (100%)
Population in Households 2,455 (94.9%)
Population in Families 1,906 (73.6%)
Population in Group Quarters1 133 ( 5.1%)
Population Density 42
Diversity Index2 60
 
 

INCOME

Median Household Income $85,265
Average Household Income $122,501
% of Income for Mortgage4 22%
Per Capita Income $47,858
Wealth Index5 125
 

HOUSING

Total HU (Housing Units) 1,152 (100%)
Owner Occupied HU 707 (61.4%)
Renter Occupied HU 301 (26.1%)
Vacant Housing Units 144 (12.5%)
Median Home Value $346,959
Average Home Value $362,606
Housing Affordability Index3 112
 

HOUSEHOLDS

Total Households 1,008
Average Household Size 2.44
Family Households 601
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.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.36% -0.34%
Households 0.00% -0.44%
Families   -0.57%
Median Household Income   0.35%
Per Capita Income   1.77%
Owner Occupied HU   -0.31%

Cordova, AK - Peer Comparisons by Rank and Percentile

The table below compares Cordova to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2022 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 # 40 89th
Population Density # 113 68th
Median Household Income # 19 95th
Housing Affordability Index # 206 58th
Per Capita Income # 14 96th
Diversity Index # 51 86th

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

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