Alaska

Top Cities

These are the major cities in Alaska based on such criteria as the number of registered companies, business participants, and issued permits.

Population

The population of Alaska is estimated to be 0.733 million people (2016). Since 2010, it has increased by 23,144 people (approximately 3.3%). Neighboring states have the following population: currently, 3.939 million people live in Oregon (2.8% population growth since 2010), 1.406 million live in Hawaii (3.4 % growth compared with the data for 2010).

Median Household Income

The median household income in Alaska is $72,515 (2016). Since 2010, it has increased by $2,598 (3.7%). The highest median household incomes are in the following cities of Alaska: Moose Pass ($102,750), Valdez ($98,204), and Unalaska ($90,500). These are the median household incomes in the neighboring states: $69,515 in Hawaii and $61,062 in Washington.

Median Property Value

The median property value in Alaska is $250,000 (2016). These are the cities in Alaska with the highest median property values: Cooper Landing ($359,400), Unalaska ($338,600), Skagway ($328,300), Iliamna ($320,000), and Anchorage ($290,500). Median home prices in nearby states include $259,500 in Washington, and $250,000 in Oregon.

Poverty Rate

A poverty rate shows the percentage of the poor among the entire population. For the state of Alaska, the estimated poverty rate is 6.98% (based on the data for 2016). Since 2010, this figure has increased by 0.39 percentage points. The official poverty rate in the U.S. is 12.7 percent (according to the U.S. Census Bureau for 2016). Thus, we see that Alaska is below the national level based on this measure (for this indicator, lower is better). Neighboring Alaska states have the following poverty level: the poverty rate in Washington is 8.85%, in Hawaii—7.73%.

Median Gross Rent

In 2016, the median gross rent in Alaska was estimated at $1,146 per month. The following cities top the list of places with the highest median gross rent in Alaska: Nome ($1,445/mo), Unalaska ($1,403/mo), Kotzebue ($1,368/mo), Bethel ($1,360/mo), and Fairbanks ($1,259/mo). For comparison purposes, we present data on median gross rent in neighboring states: in Hawaii renters pay $1,438/mo, in Washington—$1,146/mo.

Rent Burden

The estimated rent burden in Alaska is 28.2% (based on Census records for 2016). It is considered that if a household spends no more than 30 percent of its income on rent, utilities, and other building costs, such housing is affordable. Rental housing in Alabama is becoming less affordable. In 2010, the rent burden was lower and estimated at 27.9%. Compare the housing affordability in Alaska and neighboring states: in Oregon, the rent burden is 32.1%, in Washington — 30.0%.

Share of Renter-Occupied Housing

The share of renter-occupied housing units in Alaska is 36.62%. This figure has slightly decreased compared to 2010, when 36.93% of houses and apartments were rented out. The following cities in Alaska have the highest share of renter-occupied units: Unalaska (75.63%), Fairbanks (64.03%), and Nome (54.17%). Here's what rental market looks like in the nearby states: in Oregon 38.72% of housing units are occupied by renters or tenants, in Washington—37.50%.

Renter Occupied Households

Experts estimate the number of renter occupied households in Alaska at 104,905 units (based on Census and ESRI data for 2016). In 2015, there were 103,303 of such households. Cities in Alaska with the largest number of renter occupied households are the following: Anchorage (47,070), Fairbanks (7,832), Ketchikan (1,645), Wasilla (1,629), and Kenai (1,215). Here's what rental housing looks like in nearby states: there are 641,543 renter occupied households in Oregon and 641,543 households in Hawaii.

Eviction Filings

There were 2,064 eviction cases filed in Alaska in 2016. There were 2,065 of such cases in 2015 (decline of 1 filing, or 0% down). Nearby states recorded the following stats: 14,166 cases were registered in Washington, 263 in Hawaii (data for 2016).

Sources and Citations

  1. United States Census Bureau
  2. This research uses data from The Eviction Lab at Princeton University, a project directed by Matthew Desmond and designed by Ashley Gromis, Lavar Edmonds, James Hendrickson, Katie Krywokulski, Lillian Leung, and Adam Porton. The Eviction Lab is funded by the JPB, Gates, and Ford Foundations as well as the Chan Zuckerberg Initiative. More information is found at evictionlab.org
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