ZIP Code 99508 — Anchorage municipality, AK Demographics & Data

ZIP code 99508 covers Anchorage, AK in Anchorage Municipality with a population of about 36,660.

At a glance, the area shows median age of 32.3 versus a U.S. median of about 38.9.

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

Anchorage, AK sits in a university / college context (near charter college (0.8 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 99508 is about $72,751 — about 3% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.3%; unemployment rate near 6.6%; 27.6% of adults with a bachelor’s degree or higher (about 6.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Transportation; about 9.3% of workers reporting work-from-home (about 5.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $309,400 — about 11% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,228 (about 6% above the U.S. median rent ($1,163)), and owner-occupancy near 51.6% (about 13.8 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 99508 in Anchorage, AK, a household would need roughly $85,000 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 $1,988. That is about 17% above the local median household income ($72,751), 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 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 1,458 for ZIP 99508 (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.