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288,976 residents · 2024 ACS · source-led profile

Moving to Anchorage?

The 2024 ACS 5-year estimates report Anchorage, Alaska, with a population of 288,976. Citywide economic indicators from the same 2024 ACS data show a median household income of $103,284, alongside a median owner-occupied home value of $395,900 and a median gross rent of $1,489 per month. Additionally, the derived one-way commute estimate sits at 20 minutes. Please note that ACS gross rent reflects citywide figures rather than live asking rents, and citywide metrics do not establish neighborhood safety, schools, weather, insurance, or job quality.

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Short answer

Comparing citywide income and housing benchmarks suggests affordability depends heavily on individual circumstances, though specific conclusions remain limited. The 2024 ACS median household income is $103,284, while the median owner-occupied home value is $395,900 and median gross rent is $1,489 per month. However, because ACS figures do not constitute live asking rents or account for non-housing baseline costs of $1,250 per month, overall financial feasibility cannot be fully determined from these aggregated citywide datasets alone.

Anchorage at a glance

Household income$103,284
Median gross rent$1,489
Median home value$395,900
Derived commute20 min

What the default budget models

A one-person renting household begins with a modeled annual core-cost baseline of $32,868. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.

2024 ACS population estimate288,976
2024 ACS median household income$103,284
2024 ACS median gross rent$1,489
2024 ACS median owner-occupied home value$395,900
Derived one-way commute estimate20 minutes
State-tax treatmentExcluded — official reference pending
Rent-to-income reference17%
Salary & Affordability Benchmark

How much do you need to earn to live in Anchorage?

2024 ACS Median Income

$103,284/yr

30% Rule for RentRecommended
$59,560 / year

To afford Anchorage's median gross rent of $1,489/mo at or below 30% of gross earnings, a household needs approximately $28.63/hour (full-time).

28% Rule for HomeownershipMedian Home
$100,371 / year

Modeled against Anchorage's median home benchmark of $395,900 (estimated $2,342/mo ownership carrying cost at typical 7.1% baseline).

Slide to test your income against local rent, taxes, and essentials.
$103,284gross/year
Affordability Status:Comfortable
Rent is 17% of gross income (24% of net pay)

At this income, median rent is only 17% of gross pay, leaving strong room for savings and essentials.

Monthly Budget AllocationEstimated Net Take-Home: $6,270/mo
Tax 27%
Rent 17%
Essentials 15%
Savings 41%
Taxes: $2,324/mo Rent: $1,489/mo Essentials: $1,250/mo Discretionary Margin: $3,531/mo

The trade-off

Relative strength: Median household income of $103,284.. Watch closely: a 20-minute derived commute against citywide housing costs..

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Compare Anchorage

Frequently asked questions

What is the population and median income of Anchorage according to the 2024 ACS?

Based on the 2024 ACS 5-year estimates, Anchorage has a population of 288,976 and a median household income of $103,284. These are citywide datasets and do not establish neighborhood-specific conditions.

What are the housing costs and commute estimates for Anchorage?

The 2024 ACS records a median owner-occupied home value of $395,900 and a median gross rent of $1,489 per month, which is not a live asking rent. The derived one-way commute estimate is 20 minutes.

Source ledger

Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.

Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.

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