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Anchorage municipality, AK

ZIP Code 99501 — Anchorage municipality, AK Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
16,563
Median Income
$69,591
-7% vs US avg
Home Value
$378,700
+9% vs US avg
Median Rent
$1,139
-2% vs US avg
Median Age
38.2 yrs
-2% vs US avg
Area Code
Congress
Top Ancestry
GermanIrishEnglish
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Location
Coordinates
61.2200, -149.8557
Elevation
138 ft
Land Area
6.9 sq mi
Water Area
0.2 sq mi (2% water)

At a glance

Population
16,563
Density
N/A
Median income
$69,591
-7% vs US avg
Home value
$378,700
+9% vs US avg
Median rent
$1,139
-2% vs US avg
Timezone

Overview of ZIP Code 99501

UniversityUniversity / college area
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What to know about ZIP 99501

ZIP code 99501 covers Anchorage, AK in Anchorage Municipality with a population of about 16,563.

At a glance, the area shows median age of 38.2 (near the U.S. median).

It sits in telephone area code 907; U.S. House district AK-00; the ANCHORAGE media market.

Local search focus: University

Anchorage, AK sits in a university / college context (near charter college (1.7 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Income and economy in Anchorage, AK

Median household income in ZIP 99501 is about $69,591 — about 7% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 15.9%; unemployment rate near 4.9%; 40.4% of adults with a bachelor’s degree or higher (about 6.7 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Public administration, Healthcare, and Retail trade; about 10.3% of workers reporting work-from-home (about 4.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 99501

Median home value is about $378,700 — about 9% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,139 (about even with the U.S. median rent ($1,163)), and owner-occupancy near 36.2% (about 29.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99501 in Anchorage, AK, a household would need roughly $104,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,433. That is about 49% above the local median household income ($69,591), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

Climate normals for Anchorage municipality, AK show little to no average snow and around 14.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 659 for ZIP 99501 (Anchorage municipality, AK) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport MRI (0.6 miles (1.0 km)) · Charter College (1.7 miles (2.8 km)) · Alaska Public Lands (1.3 miles (2.1 km)) · VA: Anchorage Regional Benefit Office (1.2 miles (1.9 km))

Full lists and map pins are in the Infrastructure section below.